Tories say Carney supported Brookfield move to New York

Carney said the ‘formal decision’ was made after he cut ties with the firm last month to run for Liberal leader

“Last night, Mark Carney lied to Canadians… saying that (Brookfield) only moved their headquarters… after he had resigned from the board,” said Conservative ethics critic Michael Barrett at a Tuesday morning press conference on Parliament Hill.

“I do not have a connection with Brookfield,” Carney told reporters.

Conservatives say Carney’s timeline doesn’t line up with the public record.

“The most common feedback we hear from investors encourages us to position (Brookfield Asset Management) for inclusion in some of the most widely followed global large cap stock indices, including in the U.S.,” the letter reads.

The letter encouraged shareholders to vote in favour of moving Brookfield’s head office to New York.

Carney’s campaign called the Conservative accusations a misrepresentation of his work with Brookfield.

“Pierre Poilievre is scared of running against Mark Carney, and he’s desperate to misrepresent Mark’s serious experience in business because he has no economic experience whatsoever,” said the Carney campaign in an email to the National Post.

The changes reported are technical in nature, and with respect to jobs, Brookfield has clearly stated that Canadian operations were not impacted.”

Carney said in his Jan. 16 campaign launch that he’d left all his board and advisory positions, including roles with Brookfield, Bloomberg and payment company Stripe.

National Post
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