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Mark Carney Faces Scrutiny Over Financial Transparency as Prime Minister

Carney pledges conflict-of-interest measures while opposition demands greater disclosure of his financial holdings.

  • 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.
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