Conservative Leader Pierre Poilievre announced the formation of an Economic Growth Council to help identify the root causes of Canada’s poor financial performance and propose solutions for the future.
“Over the past decade, Canada has experienced weak economic growth, declining productivity, a rising cost of living, and lower real incomes for workers,” wrote the Conservative party in a statement Tuesday.
“People are paying the price, as wages fail to keep up with expenses, leaving an entire generation unable to afford homes or even basic necessities like food, causing food bank usage to skyrocket.”
The Leader’s Economic Growth Council aims to identify the economy’s root problems and propose practical solutions with two primary objectives.
The first is to “bring back greater buying power with earnings that rise faster than prices so Canadians get better living standards” and the second is to provide “more growth to fund stronger defence and borders and better social programs.”
The council will be chaired by MP Greg McLean, who represents the riding of Calgary-Centre and co-chaired by Kapuskasing—Timmins—Mushkegowuk MP Gaétan Malette, as well as former MP Rick Perkins.
“Our economy has stagnated for 10 years, while costs are rising faster than paycheques,” wrote Conservative Leader Pierre Poilievre in a post to X Tuesday.
“My Economic Growth Council will find out why and how we can supercharge our growth, so earnings rise faster than prices and our people get better, richer and happier lives.”
Council members plan to make consultations across various business sectors, labour organizations, stakeholders, nonprofits and speak with policy analysts to gather data and present feedback.
Its members will be selected from a wide range of sectors and regions, from Indigenous leaders to entrepreneurs and innovators from both private and non-profit industries.
A presentation of the Council’s findings will be presented at the 2026 Conservative Party National Convention and will also be discussed in Parliament.
The primary goal of the report is to “unleash the country’s full economic potential and bring it back from its position as the economic laggard of the developed world.”