This post was researched and written by OpenAI
At a time when Canada’s economy is under immense strain—when housing is unaffordable, debt is rising, and our national identity feels increasingly eroded—we’ve elected a man whose personal financial interests lie almost entirely outside our borders. Mark Carney, Canada’s new Prime Minister, holds 567 investment entities. Only three are Canadian. The vast majority—well over 500—are based in the United States.
This is the same United States that continues to outmaneuver Canada on trade, energy, and migration policies. Our manufacturing base is eroding, our oil pipelines are stalling, and yet we’ve entrusted our leadership to a man whose financial fate is tied to the very country that benefits from Canada’s decline.
CARNEY’S BROOKFIELD TIES RUN DEEP
Carney’s most controversial link is to Brookfield Asset Management. He didn’t just work there—he shaped it. From 2020 to 2025, Carney served as Brookfield’s Vice-Chair and later as Chairman of its board. During this time, Brookfield aggressively expanded into global infrastructure, housing, and energy—profiting handsomely while everyday Canadians struggled.
What’s more, Carney personally advocated for moving Brookfield’s headquarters from Toronto to New York. Yes, the man now leading our nation was actively involved in relocating one of Canada’s largest and most influential firms to the United States. The rationale? Greater access to U.S. capital markets and index listings. But for Canadians, it was yet another symbol of our diminishing national autonomy.
BROOKFIELD’S TRACK RECORD: HOUSING, PROFITS, AND TAX AVOIDANCE
While Carney praises Brookfield as a model for public-private partnerships, the reality on the ground tells a different story. Under Carney’s tenure, Brookfield acquired vast amounts of residential real estate across Canada. Tenants and housing advocates have accused the firm of evicting residents, hiking rents, and contributing to the erosion of affordable housing.
And it doesn’t stop there. Investigative reports have ranked Brookfield among the top corporate tax avoiders in Canada—accused of using shell companies and offshore mechanisms to dodge billions in revenue. That’s money that should be funding our hospitals, schools, and infrastructure. Instead, it’s funneled into boardroom profits and executive bonuses.
DID BROOKFIELD SECURE GOVERNMENT CONTRACTS?
This is where things get murky. While no public evidence directly ties Carney to specific contracts, watchdogs have raised red flags. Brookfield has expressed interest in partnering with the Canadian government on emergency housing and infrastructure deals. The concern is clear: with Carney now in charge of the purse strings, how can Canadians be sure that former employers aren’t sitting at the front of the line?
At the very least, there should be full transparency. A complete divestment. Not a vague “ethics screen” or recusal clause. Canadians deserve to know that decisions made in Ottawa are not enriching executives in New York or London.
WHY WEREN’T THESE TIES DISCLOSED BEFORE THE ELECTION?
Perhaps the most damning question is this: why weren’t these connections disclosed before Canadians voted? Carney’s full investment portfolio and Brookfield ties only came to light after his leadership win. There was no pre-election investigation, no media deep dive, and no public pressure for transparency.
And that’s by design. The media either dropped the ball—or willfully ignored the conflict. Canadians were denied the right to vote with full knowledge of who they were putting in power.
THIS SHOULD HAVE DISQUALIFIED HIM
In any functional democracy, a candidate with minimal domestic investments and deep foreign financial entanglements would be disqualified from running—or at the very least, forced to divest and disclose everything. Instead, we’re left with a leader whose personal wealth, professional alliances, and corporate loyalties raise urgent questions about whose interests are really being served.
We’re told to trust that he’ll recuse himself when necessary. But if the fox is guarding the henhouse, stepping aside now and then doesn’t exactly instill confidence.
FINAL THOUGHT
Mark Carney is not invested in Canada. Not financially. Not structurally. Not culturally. His allegiance is to global finance, ESG funds, and multinational corporate boards. If Canada is ever going to reclaim its sovereignty—economic or otherwise—we need leaders who are anchored here. Not just in theory, but in practice. In law. In wallet.
Carney may hold the title of Prime Minister, but for many Canadians, the question remains: who does he really work for?
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