PM Mark Carney chaired Brookfield's board until Jan 2025 — weeks before becoming PM.
He still holds ~US$6.8M in Brookfield stock options. Brookfield owns 31,211 Canadian homes.
April 2026: Parliament's Ethics Committee said his blind trust isn't enough — recommended mandatory divestment.
Mark Carney joined Brookfield Asset Management in 2020 as Vice Chair and Head of ESG and Impact Investing, later becoming Chair of the Brookfield Asset Management board. He held those roles until January 2025, immediately before launching his successful Liberal leadership campaign and becoming Prime Minister in March 2025. According to Brookfield's 10-K filing with the U.S. Securities and Exchange Commission, Carney held 409,300 unexercised Brookfield stock options worth approximately US$6.8 million as of December 31, 2024. Brookfield is one of the largest residential property owners in Canada, with 31,211 residential units in the country (part of a North American portfolio of over 73,000 single-family lots). Upon becoming Prime Minister, Carney placed his assets in a blind trust and established a conflict-of-interest screen — administered by his chief of staff Marc-André Blanchard and Privy Council Clerk Michael Sabia — intended to wall him off from official decisions involving Brookf
