The ponytail palm is a common house plant found in Canada. Here’s a guide on how to care for it. The ponytail palm is a type of desert plant and therefore does not need as much water. Watering it once a month will be enough to keep it alive and healthy. When watering it if possible keep the pot underwater until the bubbles have stopped. This means it is well watered and has enough water. The ponytail palm will only need plant food once a year in the spring. When you are growing it make sure to groom it well by removing dead leaves and part of dead leaves. Doing this will keep your plant healthy and alive for years to come.