Fact Check: Are FX options exchange traded?

Fact Check: Are FX options exchange traded?

Published May 2, 2025
by TruthOrFake
±
VERDICT
Partially True

# Are FX Options Exchange Traded? The claim at hand is whether foreign exchange (FX) options are exchange traded. FX options are financial derivative...

Are FX Options Exchange Traded?

The claim at hand is whether foreign exchange (FX) options are exchange traded. FX options are financial derivatives that grant the holder the right, but not the obligation, to exchange a specified amount of one currency for another at a predetermined rate on or before a specified date. The nature of these instruments raises questions about their trading venues—specifically, whether they are traded on formal exchanges or over-the-counter (OTC).

What We Know

  1. Definition of FX Options: FX options are contracts that give traders the right to buy or sell a currency pair at a specified exchange rate. They are primarily used for hedging against currency risk or speculating on currency movements 145.

  2. Types of FX Options: There are two main types of FX options: call options (which give the right to buy) and put options (which give the right to sell) 59.

  3. Trading Venues: FX options can be traded both on exchanges and OTC. While some standardized FX options are available on exchanges, the majority of FX options trading occurs in the OTC market. This is due to the customized nature of many FX options, which allows traders to tailor contracts to specific needs 268.

  4. Market Size and Usage: The FX options market is significant, with a substantial volume of trades occurring daily. According to the Bank for International Settlements (BIS), the FX derivatives market, which includes options, had an average daily turnover of approximately $6.6 trillion as of April 2019 6.

  5. Regulatory Environment: The trading of FX options is subject to regulatory oversight, particularly in jurisdictions where exchanges operate. However, the OTC market remains less regulated, which can lead to increased risk and less transparency 310.

Analysis

The claim regarding whether FX options are exchange traded requires careful examination of the sources available.

  • Credibility of Sources:

    • Wikipedia (1): While it provides a general overview, it is not always considered a reliable source due to its open-edit nature.
    • Investopedia (237): This site is generally regarded as a credible financial education resource, though it may have a bias towards promoting trading strategies.
    • ShallBD (4): This source appears to be less well-known and may not have the same level of scrutiny as more established financial sites.
    • IG International (5): A reputable brokerage firm, this source is likely to provide accurate information but may have a vested interest in promoting trading.
    • Supermoney (6): This site aims to educate consumers about finance, but its credibility may vary based on the specific article.
    • Tradition Data (8), Trade Finance Global (9), and StoneX (10): These sources are generally reliable but may have specific agendas related to their business interests.
  • Methodology and Evidence: The evidence presented across these sources indicates that while some FX options are traded on exchanges, the bulk of trading occurs OTC. This dual nature complicates the claim, as it suggests that the answer is not a simple "yes" or "no."

  • Conflicts of Interest: Several sources, particularly those affiliated with trading platforms or financial services, may have conflicts of interest, as they could benefit from promoting the trading of FX options.

Conclusion

Verdict: Partially True

The claim that FX options are exchange traded is partially true. Evidence indicates that while some FX options are indeed traded on exchanges, the majority of trading activity occurs in the over-the-counter (OTC) market. This dual trading environment complicates the assertion, as it highlights that FX options are not exclusively exchange traded.

It is important to note that the prevalence of OTC trading reflects the customized nature of many FX options, which allows traders to tailor contracts to their specific needs. Additionally, the regulatory landscape varies significantly between exchange-traded and OTC options, with the latter often facing less oversight.

However, the available evidence does have limitations. The sources consulted vary in credibility and may carry biases based on their affiliations. Furthermore, the dynamic nature of financial markets means that trading practices can evolve, potentially affecting the accuracy of this assessment over time.

Readers are encouraged to critically evaluate information regarding FX options and consider the context and nuances of trading venues when forming their own conclusions.

Sources

  1. Foreign exchange option. Wikipedia. Link
  2. Forex Options Trading: Primary Types and Examples. Investopedia. Link
  3. Currency Option: Definition, Types, Features and When to ... Investopedia. Link
  4. Understanding FX Options: Examples and Explanations - ShallBD. Link
  5. What are FX Options? The Complete Guide | IG International. Link
  6. Currency Options Explained: How They Work, Types, and Examples. Supermoney. Link
  7. How To Use FX Options in Forex Trading - Investopedia. Link
  8. What are Foreign Exchange (FX) Options? Tradition Data. Link
  9. Foreign Exchange Options - What are FX Options? - Trade Finance Global. Link
  10. What are FX options? Forex options explained for businesses. StoneX. Link

Have a claim you want to verify? It's 100% Free!

Our AI-powered fact-checker analyzes claims against thousands of reliable sources and provides evidence-based verdicts in seconds. Completely free with no registration required.

💡 Try:
"Coffee helps you live longer"
100% Free
No Registration
Instant Results

Comments

Comments

Leave a comment

Loading comments...

More Fact Checks to Explore

Discover similar claims and stay informed with these related fact-checks

Fact Check: Twice-yearly HIV shot could expand prevention options for all demographics.
Partially True
🎯 Similar

Fact Check: Twice-yearly HIV shot could expand prevention options for all demographics.

Detailed fact-check analysis of: Twice-yearly HIV shot could expand prevention options for all demographics.

Jun 19, 2025
Read more →
Fact Check: State Department considers all options for American citizens to leave Israel.
Partially True
🎯 Similar

Fact Check: State Department considers all options for American citizens to leave Israel.

Detailed fact-check analysis of: State Department considers all options for American citizens to leave Israel.

Jun 19, 2025
Read more →
🔍
Partially True
🎯 Similar

Fact Check: By quarterbacking Israel’s attack on Iran, Trump brought an end to a particularly demoralizing era in U.S. history The main reason Israel’s massive attack on Iranian leadership, nuclear facilities, and other targets came as a surprise is that no one believes American presidents when they talk about protecting Americans and advancing our interests—especially when they’re talking about the Islamic Republic of Iran. Ever since the 1979 Iranian Revolution, U.S. presidents have wanted an accommodation with Iran—not revenge for holding 52 Americans captive for 444 days, but comity. Ronald Reagan told Soviet leader Mikhail Gorbachev to tear down the Berlin Wall, but when the Iranians’ Lebanese ally Hezbollah killed 17 Americans at the U.S. embassy in Beirut and 241 at the Marine barracks in 1983, he flinched. Bill Clinton wanted a deal with Iran so badly, he helped hide the Iranians’ sponsorship of the group that killed 19 airmen at Khobar Towers in 1996. George W. Bush turned a blind eye to Tehran’s depredations as Shia militias backed by Iran killed hundreds of U.S. troops in Iraq, while Iran’s Syrian ally Bashar al-Assad chartered buses to transport Sunni fighters from the Damascus airport to the Iraqi border, where they joined the hunt for Americans. Barack Obama’s signature foreign policy initiative was the Iran nuclear deal—designed not, as he promised, to stop Tehran’s nuclear weapons program, but to legalize it and protect it under the umbrella of an international agreement, backed by the United States. That all changed with Donald Trump. At last, an American president kept his word. He was very clear about it even before his second term started: Iran can’t have a bomb. Trump wanted it to go peacefully, but he warned that if the Iranians didn’t agree to dismantle their program entirely, they’d be bombed. Maybe Israel would do it, maybe the United States, maybe both, but in any case, they’d be bombed. Trump gave them 60 days to decide, and on day 61, Israel unleashed Operation Rising Lion. Until this morning, when Trump posted on Truth Social to take credit for the raid, there was some confusion about the administration’s involvement. As the operation began, Secretary of State Marco Rubio released a statement claiming that it was solely an Israeli show without any American participation. But even if details about intelligence sharing and other aspects of Israeli-U.S. coordination were hazy, the statement was obviously misleading: The entire operation was keyed to Trump. Without him, the attack wouldn’t have happened as it did, or maybe not at all. Trump spent two months neutralizing the Iranians without them realizing he was drawing them into the briar patch. Iranian diplomats pride themselves on their negotiating skills. Generations of U.S. diplomats have marveled at the Iranians’ ability to wipe the floor with them: It’s a cultural thing—ever try to bargain with a carpet merchant in Tehran? And Trump also praised them repeatedly for their talents—very good negotiators! The Iranians were in their sweet spot and must have imagined they could negotiate until Trump gave in to their demands or left office. But Trump was the trickster. He tied them down for two months, time that he gave to the Israelis to make sure they had everything in order. There’s already lots of talk about Trump’s deception campaign, and in the days and weeks to come, we’ll have more insight into which statements were real and which were faked and which journalists were used, without them knowing it, to print fake news to ensure the operation’s success. One Tablet colleague says it’s the most impressive operational feint since the Normandy invasion. Maybe even more impressive. A few weeks ago, a colleague told me of a brief conversation with a very senior Israeli official who said that Jerusalem and Washington see eye to eye on Gaza and left it at that. As my colleague saw it, and was meant to see it, this was not good news insofar as it suggested a big gap between the two powers on Iran. The deception campaign was so tight, it meant misleading friends casually. It’s now clear that the insanely dense communications environment—including foreign actors like the Iranians themselves, anti-Bibi Israeli journalists, the Gulf states, and the Europeans—served the purpose of the deception campaign. But most significant was the domestic component. Did the Iranians believe reports that the pro-Israel camp was losing influence with Trump and that the “restraintists” were on the rise? Did Iran lobbyist Trita Parsi tell officials in Tehran that his colleagues from the Quincy Institute and other Koch-funded policy experts who were working in the administration had it in the bag? Don’t worry about the neocons—my guys are steering things in a good way. It seems that, like the Iranians, the Koch network got caught in its own echo chamber. Will Rising Lion really split MAGA, as some MAGA influencers are warning? Polls say no. According to a recent Rasmussen poll, 84 percent of likely voters believe Iran cannot have a bomb. Only 9 percent disagree. More Americans think it’s OK for men to play in women’s sports, 21 percent, than those who think Iran should have a bomb. According to the Rasmussen poll, 57 percent favor military action to stop Iran from getting nukes—which means there are Kamala Harris voters, 50 percent of them, along with 73 percent of Trump’s base, who are fine with bombing Iran to stop the mullahs’ nuclear weapons program. A Harvard/Harris poll shows 60 percent support for Israel “to take out Iran’s nuclear weapons program,” with 78 percent support among Republicans. Who thinks it’s reasonable for Iran to have a bomb? In a lengthy X post attacking Mark Levin and others who think an Iranian bomb is bad for America, Tucker Carlson made the case for the Iranian bomb. Iran, he wrote, “knows it’s unwise to give up its weapons program entirely. Muammar Gaddafi tried that and wound up sodomized with a bayonet. As soon as Gaddafi disarmed, NATO killed him. Iran’s leaders saw that happen. They learned the obvious lesson.” The Iranians definitely want a bomb to defend themselves against the United States—NATO, if you prefer—but that’s hardly America First. The threat that an Iranian bomb poses to the United States isn’t really that the Iranians will launch missiles at U.S. cities—not yet, anyway—but that it gives the regime a nuclear shield. It’s bad for America if a nuclear Iran closes down the Straits of Hormuz to set the price for global energy markets. It’s bad for America if a nuclear Iran wages terror attacks on American soil, as it has plotted to kill Trump. An Iranian bomb forces American policymakers, including Trump, to reconfigure policies and priorities to suit the interests of a terror state. It’s fair to argue that your country shouldn’t attack Iran to prevent it from getting a bomb, but reasoning that a terror state that has been killing Americans for nearly half a century needs the bomb to protect itself from the country you live in is nuts. Maybe some Trump supporters are angry and confused because Trump was advertised as the peace candidate. But “no new wars” is a slogan, not a policy. The purpose of U.S. policy is to advance America’s peace and prosperity, and Trump was chosen to change the course of American leadership habituated to confusing U.S. interests with everyone else’s. For years now, the U.S. political establishment has congratulated itself for helping to lift half a billion Chinese peasants out of poverty—in exchange for the impoverishment of the American middle class. George W. Bush wasted young American lives trying to make Iraq and Afghanistan function like America. Obama committed the United States to climate agreements that were designed to make Americans poorer. He legalized Iran’s bomb. So has Operation Rising Lion enhanced America’s peace? If it ends Iran’s nuclear weapons programs, the answer is absolutely yes. Further, when American partners advance U.S. interests, it adds luster to American glory. For instance, in 1982, in what is now popularly known as the Bekaa Valley Turkey Shoot, Israeli pilots shot down more than 80 Soviet-made Syrian jets and destroyed dozens of Soviet-built surface-to-air missile systems. It was a crucial Cold War exhibition that showed U.S. arms and allies were superior to what Moscow could put in the field. Israel’s attacks on Iran have not only disabled a Russian and Chinese partner but also demonstrated American superiority to those watching in Moscow and Beijing. Plus, virtually all of Iran’s oil exports go to China. With the attack last night, Trump brought an end to a particularly demoralizing and dispiriting era in U.S. history, which began nearly 50 years ago with the hostage crisis. In that time, U.S. leadership has routinely appeased a terror regime sustained only by maniacal hatred of America, while U.S. elites from the worlds of policy and academia, media and culture, have adopted the style and language of perfumed third-world obscurantists. All it took was for an American president to keep his word.

Detailed fact-check analysis of: By quarterbacking Israel’s attack on Iran, Trump brought an end to a particularly demoralizing era in U.S. history The main reason Israel’s massive attack on Iranian leadership, nuclear facilities, and other targets came as a surprise is that no one believes American presidents when they talk about protecting Americans and advancing our interests—especially when they’re talking about the Islamic Republic of Iran. Ever since the 1979 Iranian Revolution, U.S. presidents have wanted an accommodation with Iran—not revenge for holding 52 Americans captive for 444 days, but comity. Ronald Reagan told Soviet leader Mikhail Gorbachev to tear down the Berlin Wall, but when the Iranians’ Lebanese ally Hezbollah killed 17 Americans at the U.S. embassy in Beirut and 241 at the Marine barracks in 1983, he flinched. Bill Clinton wanted a deal with Iran so badly, he helped hide the Iranians’ sponsorship of the group that killed 19 airmen at Khobar Towers in 1996. George W. Bush turned a blind eye to Tehran’s depredations as Shia militias backed by Iran killed hundreds of U.S. troops in Iraq, while Iran’s Syrian ally Bashar al-Assad chartered buses to transport Sunni fighters from the Damascus airport to the Iraqi border, where they joined the hunt for Americans. Barack Obama’s signature foreign policy initiative was the Iran nuclear deal—designed not, as he promised, to stop Tehran’s nuclear weapons program, but to legalize it and protect it under the umbrella of an international agreement, backed by the United States. That all changed with Donald Trump. At last, an American president kept his word. He was very clear about it even before his second term started: Iran can’t have a bomb. Trump wanted it to go peacefully, but he warned that if the Iranians didn’t agree to dismantle their program entirely, they’d be bombed. Maybe Israel would do it, maybe the United States, maybe both, but in any case, they’d be bombed. Trump gave them 60 days to decide, and on day 61, Israel unleashed Operation Rising Lion. Until this morning, when Trump posted on Truth Social to take credit for the raid, there was some confusion about the administration’s involvement. As the operation began, Secretary of State Marco Rubio released a statement claiming that it was solely an Israeli show without any American participation. But even if details about intelligence sharing and other aspects of Israeli-U.S. coordination were hazy, the statement was obviously misleading: The entire operation was keyed to Trump. Without him, the attack wouldn’t have happened as it did, or maybe not at all. Trump spent two months neutralizing the Iranians without them realizing he was drawing them into the briar patch. Iranian diplomats pride themselves on their negotiating skills. Generations of U.S. diplomats have marveled at the Iranians’ ability to wipe the floor with them: It’s a cultural thing—ever try to bargain with a carpet merchant in Tehran? And Trump also praised them repeatedly for their talents—very good negotiators! The Iranians were in their sweet spot and must have imagined they could negotiate until Trump gave in to their demands or left office. But Trump was the trickster. He tied them down for two months, time that he gave to the Israelis to make sure they had everything in order. There’s already lots of talk about Trump’s deception campaign, and in the days and weeks to come, we’ll have more insight into which statements were real and which were faked and which journalists were used, without them knowing it, to print fake news to ensure the operation’s success. One Tablet colleague says it’s the most impressive operational feint since the Normandy invasion. Maybe even more impressive. A few weeks ago, a colleague told me of a brief conversation with a very senior Israeli official who said that Jerusalem and Washington see eye to eye on Gaza and left it at that. As my colleague saw it, and was meant to see it, this was not good news insofar as it suggested a big gap between the two powers on Iran. The deception campaign was so tight, it meant misleading friends casually. It’s now clear that the insanely dense communications environment—including foreign actors like the Iranians themselves, anti-Bibi Israeli journalists, the Gulf states, and the Europeans—served the purpose of the deception campaign. But most significant was the domestic component. Did the Iranians believe reports that the pro-Israel camp was losing influence with Trump and that the “restraintists” were on the rise? Did Iran lobbyist Trita Parsi tell officials in Tehran that his colleagues from the Quincy Institute and other Koch-funded policy experts who were working in the administration had it in the bag? Don’t worry about the neocons—my guys are steering things in a good way. It seems that, like the Iranians, the Koch network got caught in its own echo chamber. Will Rising Lion really split MAGA, as some MAGA influencers are warning? Polls say no. According to a recent Rasmussen poll, 84 percent of likely voters believe Iran cannot have a bomb. Only 9 percent disagree. More Americans think it’s OK for men to play in women’s sports, 21 percent, than those who think Iran should have a bomb. According to the Rasmussen poll, 57 percent favor military action to stop Iran from getting nukes—which means there are Kamala Harris voters, 50 percent of them, along with 73 percent of Trump’s base, who are fine with bombing Iran to stop the mullahs’ nuclear weapons program. A Harvard/Harris poll shows 60 percent support for Israel “to take out Iran’s nuclear weapons program,” with 78 percent support among Republicans. Who thinks it’s reasonable for Iran to have a bomb? In a lengthy X post attacking Mark Levin and others who think an Iranian bomb is bad for America, Tucker Carlson made the case for the Iranian bomb. Iran, he wrote, “knows it’s unwise to give up its weapons program entirely. Muammar Gaddafi tried that and wound up sodomized with a bayonet. As soon as Gaddafi disarmed, NATO killed him. Iran’s leaders saw that happen. They learned the obvious lesson.” The Iranians definitely want a bomb to defend themselves against the United States—NATO, if you prefer—but that’s hardly America First. The threat that an Iranian bomb poses to the United States isn’t really that the Iranians will launch missiles at U.S. cities—not yet, anyway—but that it gives the regime a nuclear shield. It’s bad for America if a nuclear Iran closes down the Straits of Hormuz to set the price for global energy markets. It’s bad for America if a nuclear Iran wages terror attacks on American soil, as it has plotted to kill Trump. An Iranian bomb forces American policymakers, including Trump, to reconfigure policies and priorities to suit the interests of a terror state. It’s fair to argue that your country shouldn’t attack Iran to prevent it from getting a bomb, but reasoning that a terror state that has been killing Americans for nearly half a century needs the bomb to protect itself from the country you live in is nuts. Maybe some Trump supporters are angry and confused because Trump was advertised as the peace candidate. But “no new wars” is a slogan, not a policy. The purpose of U.S. policy is to advance America’s peace and prosperity, and Trump was chosen to change the course of American leadership habituated to confusing U.S. interests with everyone else’s. For years now, the U.S. political establishment has congratulated itself for helping to lift half a billion Chinese peasants out of poverty—in exchange for the impoverishment of the American middle class. George W. Bush wasted young American lives trying to make Iraq and Afghanistan function like America. Obama committed the United States to climate agreements that were designed to make Americans poorer. He legalized Iran’s bomb. So has Operation Rising Lion enhanced America’s peace? If it ends Iran’s nuclear weapons programs, the answer is absolutely yes. Further, when American partners advance U.S. interests, it adds luster to American glory. For instance, in 1982, in what is now popularly known as the Bekaa Valley Turkey Shoot, Israeli pilots shot down more than 80 Soviet-made Syrian jets and destroyed dozens of Soviet-built surface-to-air missile systems. It was a crucial Cold War exhibition that showed U.S. arms and allies were superior to what Moscow could put in the field. Israel’s attacks on Iran have not only disabled a Russian and Chinese partner but also demonstrated American superiority to those watching in Moscow and Beijing. Plus, virtually all of Iran’s oil exports go to China. With the attack last night, Trump brought an end to a particularly demoralizing and dispiriting era in U.S. history, which began nearly 50 years ago with the hostage crisis. In that time, U.S. leadership has routinely appeased a terror regime sustained only by maniacal hatred of America, while U.S. elites from the worlds of policy and academia, media and culture, have adopted the style and language of perfumed third-world obscurantists. All it took was for an American president to keep his word.

Jun 15, 2025
Read more →
Fact Check: The leaders discussed the implementation of agreements during peace talks in Istanbul, including the exchange of prisoners of war.
Partially True

Fact Check: The leaders discussed the implementation of agreements during peace talks in Istanbul, including the exchange of prisoners of war.

Detailed fact-check analysis of: The leaders discussed the implementation of agreements during peace talks in Istanbul, including the exchange of prisoners of war.

Jun 15, 2025
Read more →
🔍
Partially True

Fact Check: There is no question Mark Carney is a brilliant business man and has a very impressive resume. But does he give a shit about you, and for that matter other Canadians? I didn't know anything about Mark Carney a couple of weeks ago and yesterday, I decided to do a little research project. This is what I discovered with about 1 hour of research. Lets take a bit of a dive in… Mark Carney is the UN special envoy on climate change pushing governments around the world to adopt “clean energy”. A great position, no? Interestingly, right up until he entered the Liberal leadership race, he also conveniently sat on the board of Brookfield Asset Management at the same time as he sat in this position with the UN. Brookfield owns $1 trillion in assets under management and many of their portfolios are across renewable power & infrastructure. Hmm, sounds a little conflicty? He has directly profited off of the shutting down and blocking of fossil fuel projects in Canada which he advised Canada to do (and other nations) while making sure so called “green energy” options are pushed and approved, which line his own pockets with green. One of Mark's acts as Chair of the board was to move the head office of Brookfield from Toronto to New York, because of the impending tariff war. Sounds like he has a lot of faith in his ability to put Canada first...and then he lied about the whole situation claiming that he was not chair when Brookfield moved. Maybe true, but he approved the move and voted for it at the first hint of tariffs from Trump, while he was still chair… Let’s look further at Mark’s role with Brookfield though. While he was doing all this “good work”, or rather making western governments do all this good work while he profits off of them, he was also directing Brookfield to act completely contrary environmentally when it suits the firm and their shareholders. While Brookfield manages green companies, they also acquire and invest in “dirty” fossil fuel projects and “carbon releasing” in other parts of the world. “One of Brookfield's collection of assets was 267,000 hectares in Brazil. producing soybeans, sugar, corn and cattle. between 2012 and 2021 Brookfield's subsidiaries deforested around 9,000 hectares on eight large farms in the Cerrado region of Brazil, a vast area bordering the Amazon rainforest. The report estimates that 600,000 tonnes of CO2 was emitted by deforesting these areas, the equivalent of 1.2 million flights from London to New York. A spokesperson for Brookfield said: "Brookfield made limited investments in Brazil's agriculture sector during the last decade. The decision to sell these businesses was taken several years ago because the fund they were held in was reaching the end of its life, and we therefore had an obligation to return capital to investors." Global Witness claims that this decision to sell clashes with public statements subsequently made by Mr. Carney as a global leader on climate policy, which call upon companies not to sell off climate-damaging assets, but to hold onto them and either clean them up or close them down”. - Ben King, BBC 15, Dec, 2022 They cut 9000 hectares of prime forest on the border of the Amazon to expand their GMO farming operations. Wow! How about the $16 billion acquisition of Inter Pipeline by Brookfield”? An oil pipeline, yes. Just two of the many "CO2 emitting" actions that Mark Carney has directed Brookfield on as Chair to the Board while he pushes green energy where it benefits his own books… A 2023 report on Brookfield by “Private Equity Climate Risks” paint a pretty bleak picture. "The combined current fossil fuel investments of Brookfield and Oaktree emit an estimated 159 million metric tons (mt) of CO2 equivalent (CO2e) annually. This is an order of magnitude more than the 11.8 million mt CO2e disclosed in Brookfield’s sustainability reports". So… will Carney be good for Canada? Well all of the above makes me think he is a wolf in sheep's clothing and let’s keep in mind he has been a close financial advisor to Trudeau since 2020. All of the great results of Trudeau’s tenure are the direct result of Carney. Doubling of house prices Record inflation Doubling of Canadians in the line of the food bank Our now crippling national debt and $60 billion deficit One of the biggest red flags for me is that Mark refuses to disclose his own personal financial situation. A guy who just a couple of months ago sat on 20 different corporate boards, including many American companies, promises he has a lot to gain by becoming PM. He is an ultra elite globalist who is 100% a part of the decisions that have led to Canada’s downfall and left us so vulnerable and if he remains as PM for any length of time, I feel Canada may end up bankrupt. The media will tell you that Mark is the guy to take on Trump, but the truth is not hard to uncover if you just do a little digging. Centrum

Detailed fact-check analysis of: There is no question Mark Carney is a brilliant business man and has a very impressive resume. But does he give a shit about you, and for that matter other Canadians? I didn't know anything about Mark Carney a couple of weeks ago and yesterday, I decided to do a little research project. This is what I discovered with about 1 hour of research. Lets take a bit of a dive in… Mark Carney is the UN special envoy on climate change pushing governments around the world to adopt “clean energy”. A great position, no? Interestingly, right up until he entered the Liberal leadership race, he also conveniently sat on the board of Brookfield Asset Management at the same time as he sat in this position with the UN. Brookfield owns $1 trillion in assets under management and many of their portfolios are across renewable power & infrastructure. Hmm, sounds a little conflicty? He has directly profited off of the shutting down and blocking of fossil fuel projects in Canada which he advised Canada to do (and other nations) while making sure so called “green energy” options are pushed and approved, which line his own pockets with green. One of Mark's acts as Chair of the board was to move the head office of Brookfield from Toronto to New York, because of the impending tariff war. Sounds like he has a lot of faith in his ability to put Canada first...and then he lied about the whole situation claiming that he was not chair when Brookfield moved. Maybe true, but he approved the move and voted for it at the first hint of tariffs from Trump, while he was still chair… Let’s look further at Mark’s role with Brookfield though. While he was doing all this “good work”, or rather making western governments do all this good work while he profits off of them, he was also directing Brookfield to act completely contrary environmentally when it suits the firm and their shareholders. While Brookfield manages green companies, they also acquire and invest in “dirty” fossil fuel projects and “carbon releasing” in other parts of the world. “One of Brookfield's collection of assets was 267,000 hectares in Brazil. producing soybeans, sugar, corn and cattle. between 2012 and 2021 Brookfield's subsidiaries deforested around 9,000 hectares on eight large farms in the Cerrado region of Brazil, a vast area bordering the Amazon rainforest. The report estimates that 600,000 tonnes of CO2 was emitted by deforesting these areas, the equivalent of 1.2 million flights from London to New York. A spokesperson for Brookfield said: "Brookfield made limited investments in Brazil's agriculture sector during the last decade. The decision to sell these businesses was taken several years ago because the fund they were held in was reaching the end of its life, and we therefore had an obligation to return capital to investors." Global Witness claims that this decision to sell clashes with public statements subsequently made by Mr. Carney as a global leader on climate policy, which call upon companies not to sell off climate-damaging assets, but to hold onto them and either clean them up or close them down”. - Ben King, BBC 15, Dec, 2022 They cut 9000 hectares of prime forest on the border of the Amazon to expand their GMO farming operations. Wow! How about the $16 billion acquisition of Inter Pipeline by Brookfield”? An oil pipeline, yes. Just two of the many "CO2 emitting" actions that Mark Carney has directed Brookfield on as Chair to the Board while he pushes green energy where it benefits his own books… A 2023 report on Brookfield by “Private Equity Climate Risks” paint a pretty bleak picture. "The combined current fossil fuel investments of Brookfield and Oaktree emit an estimated 159 million metric tons (mt) of CO2 equivalent (CO2e) annually. This is an order of magnitude more than the 11.8 million mt CO2e disclosed in Brookfield’s sustainability reports". So… will Carney be good for Canada? Well all of the above makes me think he is a wolf in sheep's clothing and let’s keep in mind he has been a close financial advisor to Trudeau since 2020. All of the great results of Trudeau’s tenure are the direct result of Carney. Doubling of house prices Record inflation Doubling of Canadians in the line of the food bank Our now crippling national debt and $60 billion deficit One of the biggest red flags for me is that Mark refuses to disclose his own personal financial situation. A guy who just a couple of months ago sat on 20 different corporate boards, including many American companies, promises he has a lot to gain by becoming PM. He is an ultra elite globalist who is 100% a part of the decisions that have led to Canada’s downfall and left us so vulnerable and if he remains as PM for any length of time, I feel Canada may end up bankrupt. The media will tell you that Mark is the guy to take on Trump, but the truth is not hard to uncover if you just do a little digging. Centrum

Mar 24, 2025
Read more →
Fact Check: Users can manage their data preferences and withdraw consent for data processing through options available at the bottom of the page.
True

Fact Check: Users can manage their data preferences and withdraw consent for data processing through options available at the bottom of the page.

Detailed fact-check analysis of: Users can manage their data preferences and withdraw consent for data processing through options available at the bottom of the page.

Jun 16, 2025
Read more →
Fact Check: Are FX options exchange traded? | TruthOrFake Blog