Conservative Leader Pierre Poilievre is demanding that Prime Minister Mark Carney liquidate all of the assets now parked in his blind trust, arguing that the conflict-of-interest screens approved by the federal ethics commissioner are inadequate and that the prime minister misled voters about the scale of his holdings. An ethics disclosure released late last week shows Carney placed more than 560 securities into a trust overseen by a third-party manager and agreed to recuse himself from matters involving 103 companies, including Brookfield Asset Management—where he was formerly chair—and payment-processor Stripe, on whose board he once served. The filing lists Brookfield stock options worth roughly US$6.8 million and hundreds of other blue-chip shares. Poilievre says the arrangement falls short because Carney knew exactly what went into the trust and could still benefit from policies touching those firms. Unless the prime minister converts the portfolio to cash, Poilievre contends he may have to step out of cabinet discussions "multiple times per meeting," undermining decision-making on files ranging from energy policy to digital services taxes. Carney’s office counters that the blind trust was established days before he took office in March and that the ethics screen, administered by Chief of Staff Marc-André Blanchard and Privy Council Clerk Michael Sabia, exceeds statutory requirements. The prime minister, the office said, will "continue to serve with the highest standards of integrity." Good-governance group Democracy Watch backs Poilievre’s call, labelling the current system a "loophole-filled smokescreen" and urging Parliament to tighten the Conflict of Interest Act. Poilievre plans to introduce amendments that would compel top office-holders to divest actively managed assets outright.
Mark Carney's portfolio reveals he 'doesn't believe in investing in Canada': @EzraLevant Ezra examines the Prime Minister’s newly released conflict of interest disclosure—a nearly 16-page document detailing holdings in more than 100 companies. https://t.co/AgRYrFq12b
Les données sur l’inflation publiées aujourd’hui sont une mauvaise nouvelle pour les Canadiens. Les dépenses excessives de Mark Carney et des libéraux doivent maintenant être réduites. https://t.co/dg1NEjQI4v
If Carney doesn’t sell all of his corporate assets, Poilievre said, the prime minister may need to recuse himself multiple times per cabinet meeting to avoid conflicts https://t.co/6b9389wUWz