Blue Tories are, in Canadian politics, Conservatives who are more free-market or liberal economically. Prior to the 1960s, these Conservatives were most identified with the Montreal and Toronto commercial elite who took positions of influence within the Progressive Conservative Party. Since the mid-1970s, they have been heavily influenced by the libertarian movement and the more individualist nature of American conservatism. Blue Tories tend to favour libertarian policies such as devolution of federal power to the provincial governments, a reduced role for government in the economy, reduction of taxation and similar mainstream market liberal ideals. The term Blue Tory does not refer to social conservatism.