Politics
Poilievre chastises Trudeau for dealing with inflation like a ‘pyromaniac promising to fight a fire’

From LifeSiteNews
At a Fix the Budget rally, the Conservative Party leader made three demands ahead of the 2024 budget release.
Conservative Party of Canada (CPC) leader Pierre Poilievre criticized Prime Minister Justin Trudeau’s pledge to combat sky-high inflation in a strong rebuke of the handling of the nation’s economy.
“Justin Trudeau promising to fight inflation is like a pyromaniac promising to fight a fire,” Poilievre said Sunday during a “Fix the Budget” rally at a truck depot in Mississauga, Ontario.
“He’s the one that lit the fire with his taxes and his deficits.”
Poilievre noted that “every day” Trudeau is seen in planned “photo ops,” saying that many Canadians “know the money that he’s spitting out of his mouth is money that will come out of your pocket, just like it has for the last eight years.”
The CPC leader said during the rally that his party has three demands for Trudeau concerning his upcoming 2024 budget, which is set to be released on April 16.
“Ax the Trudeau tax on food and farmers; two, build homes, not bureaucracies; and three, cap the spending with a dollar-for-dollar law to bring down inflation and interest rates,” Poilievre said.
Poilievre also mentioned that he wants the Trudeau government to take away the tax on food and farmers via Bill C-234, which, if passed, would take away the carbon tax on farmers, their barns, and fuel they use to dry grain.
The bill would amend the current Greenhouse Gas Pollution Pricing Act to take the carbon tax off farmers, barns, and drying, which Poilievre said will provide food price relief to Canadians.
Poilievre also said he wants the federal government to bring in a “dollar-for-dollar” law that would help to lower high interest rates, which contributes to inflation.
He also promised that the CPC, should it form the next government, will “cut back office bureaucracy, botched procurements, and foreign aid to dictators, terrorists, and multinational bureaucracies.”
“We’ll bring that money home and invest it in our military,” he said.
Poilievre also accused Trudeau’s spending, which skyrocketed during the COVID crisis, of being a leading cause of inflation.
“When you double the national debt, you drive up demand, which builds up goods. You print $600 billion of cash, and that causes inflation just like it has everywhere and always over the last 5,000 years of economic history,” he said.
The Liberal federal government has faced backlash, notably from the CPC, that high inflation and immigration have led to soaring housing prices and interest rates.
The Bank of Canada, for the sixth straight time since July 2023, held the interest rate at 5 percent.
Protests against Trudeau have been increasing in recent months due to the unpopularity of higher carbon taxes and other governmental policies.
As reported by LifeSiteNews, Trudeau’s carbon tax is costing Canadians hundreds of dollars annually, as government rebates are not enough to compensate for high fuel costs.
Franco Terrazzano, federal director of the Canadian Taxpayers Federation, told LifeSiteNews in January that “If the government wanted to make all areas of life more affordable, the government should leave more money in people’s pockets and cut taxes.”
“Trudeau should completely scrap his carbon tax,” he added.
Recent polls show that the scandal-plagued government has sent the Liberals into a nosedive with no end in sight. Per a recent LifeSiteNews report, according to polls, in a federal election held today, Conservatives under Poilievre would win a majority in the House of Commons over Trudeau’s Liberals.
International
Elon Musk forms America Party after split with Trump

Quick Hit:
Elon Musk announced Saturday he is forming the “America Party,” claiming it will challenge what he calls the “one-party system” in Washington. The move follows his public split with President Trump and appears aimed at targeting Republicans who supported the president’s domestic agenda.
Key Details:
- Musk announced the America Party on X, declaring that Americans are living under a “one-party system” and need a new political alternative.
- The launch followed his criticism of Trump’s One Big Beautiful Bill.
- On Independence Day, Musk posted a poll asking if Americans wanted “independence from the two-party (some would say uniparty) system,” which he cited as support for forming the party.
By a factor of 2 to 1, you want a new political party and you shall have it!
When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.
Today, the America Party is formed to give you back your freedom. https://t.co/9K8AD04QQN
— Elon Musk (@elonmusk) July 5, 2025
Diving Deeper:
Elon Musk formally announced the launch of his new political outfit — the “America Party” — on Saturday, marking a new chapter in his increasingly public clash with Republican leadership.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk wrote on his platform, X. “Today, the America Party is formed to give you back your freedom.”
The announcement comes as tensions between Musk and President Trump have escalated. While Musk previously worked closely with the administration as head of the Department of Government Efficiency, the relationship has deteriorated in the wake of Trump’s push for the One Big Beautiful Bill, a major domestic package that Musk now openly criticizes.
In a series of recent posts, Musk vowed to help primary Republican lawmakers who backed the bill. “They will lose their primary next year if it is the last thing I do on this Earth,” he posted earlier this week.
He’s offered few specifics beyond that, other than suggesting the party will “laser-focus” on a handful of Senate and House races in 2026. So far, there’s been no indication of a formal party structure, candidate recruitment, or funding plan.
Critics were quick to compare Musk’s move to Ross Perot’s 1992 presidential bid, which many credit with splitting the conservative vote and aiding Bill Clinton’s election. “You are pulling a Ross Perot, and I don’t like it,” one user reportedly responded on X.
Meanwhile, Trump has reportedly explored options to retaliate. According to multiple reports, the president has discussed whether to revoke federal contracts connected to Musk’s companies and even floated questions about his citizenship. “We’ll have to take a look,” Trump told reporters when asked directly.
While it’s too early to tell whether the America Party will amount to more than a personal platform, the political message is clear: Musk is now openly working against Republicans he once aligned with, and doing so under his own banner.
Carbon Tax
Canada’s Carbon Tax Is A Disaster For Our Economy And Oil Industry

From the Frontier Centre for Public Policy
By Lee Harding
Lee Harding exposes the truth behind Canada’s sky-high carbon tax—one that’s hurting our oil industry and driving businesses away. With foreign oil paying next to nothing, Harding argues this policy is putting Canada at a major economic disadvantage. It’s time to rethink this costly approach.
Our sky-high carbon tax places Canadian businesses at a huge disadvantage and is pushing investment overseas
No carbon tax will ever satisfy global-warming advocates, but by most measures, Canada’s carbon tax is already too high.
This unfortunate reality was brought to light by Resource Works, a B.C.-based non-profit research and advocacy organization. In March, one of their papers outlined the disproportionate and damaging effects of Canada’s carbon taxes.
The study found that the average carbon tax among the top 20 oil-exporting nations, excluding Canada, was $0.70 per tonne of carbon emissions in fiscal 2023. With Canada included, that average jumps to $6.77 per tonne.
At least Canada demands the same standards for foreign producers as it does for domestic ones, right? Wrong.
Most of Canada’s oil imports come from the U.S., Saudi Arabia, and Nigeria, none of which impose a carbon tax. Only 2.8 per cent of Canada’s oil imports come from the modestly carbon-taxing countries of the U.K. and Colombia.
Canada’s federal consumer carbon tax was $80 per tonne, set to reach $170 by 2030, until Prime Minister Mark Carney reduced it to zero on March 14. However, parallel carbon taxes on industry remain in place and continue to rise.
Resource Works estimates Canada’s effective carbon tax at $58.94 per tonne for fiscal 2023, while foreign oil entering Canada had an effective tax of just $0.30 per tonne.
“This results in a 196-fold disparity, effectively functioning as a domestic tariff against Canadian oil production,” the research memo notes. Forget Donald Trump—Ottawa undermines our country more effectively than anyone else.
Canada is responsible for 1.5 per cent of global CO2 emissions, but the study estimates that Canada paid one-third of all carbon taxes in 2023. Mexico, with nearly the same emissions, paid just $3 billion in carbon taxes for 2023-24, far less than Canada’s $44 billion.
Resource Works also calculated that Canada alone raised the global per-tonne carbon tax average from $1.63 to $2.44. To be Canadian is to be heavily taxed.
Historically, the Canadian dollar and oil and gas investment in Canada tracked the global price of oil, but not anymore. A disconnect began in 2016 when the Trudeau government cancelled the Northern Gateway pipeline and banned tanker traffic on B.C.’s north coast.
The carbon tax was introduced in 2019 at $15 per tonne, a rate that increased annually until this year. The study argues this “economic burden,” not shared by the rest of the world, has placed Canada at “a competitive disadvantage by accelerating capital flight and reinforcing economic headwinds.”
This “erosion of energy-sector investment” has broader economic consequences, including trade balance pressures and increased exchange rate volatility.
According to NASA, Canadian forest fires released 640 million metric tonnes of carbon in 2023, four times the amount from fossil fuel emissions. We should focus on fighting fires, not penalizing our fossil fuel industry.
Carney praised Canada’s carbon tax approach in his 2021 book Value(s), raising questions about how long his reprieve will last. He has suggested raising carbon taxes on industry, which would worsen Canada’s competitive disadvantage.
In contrast, Conservative leader Pierre Poilievre argued that extracting and exporting Canadian oil and gas could displace higher-carbon-emitting energy sources elsewhere, helping to reduce global emissions.
This approach makes more sense than imposing disproportionately high tax burdens on Canadians. Taxes won’t save the world.
Lee Harding is a research fellow for the Frontier Centre for Public Policy.
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