Overview

• Prime Minister Mark Carney announced he will recuse himself from decisions involving companies he previously worked with, including Brookfield Asset Management.
• Carney is working with Canada’s Ethics Commissioner to create conflict-of-interest screens to manage potential issues tied to his private sector background.
• His financial holdings, excluding cash and real estate, have been placed in a blind trust, but opposition parties continue to push for more transparency.
• Carney held significant roles at major firms like Brookfield, Stripe, and Bloomberg, with financial interests valued at approximately $11.3 million in Brookfield alone.
• Speculation grows that Carney will call a federal election soon, with possible dates in late April or early May.