Fact Check: Are PPF returns tax-free?

Fact Check: Are PPF returns tax-free?

Published May 7, 2025
by TruthOrFake
VERDICT
True

# Are PPF Returns Tax-Free? The claim that "PPF returns are tax-free" pertains to the Public Provident Fund (PPF), a long-term savings scheme in Indi...

Are PPF Returns Tax-Free?

The claim that "PPF returns are tax-free" pertains to the Public Provident Fund (PPF), a long-term savings scheme in India. This assertion suggests that both the contributions made to the PPF and the interest earned are exempt from taxation. This article will explore the validity of this claim by examining various sources and the context surrounding PPF taxation.

What We Know

  1. Tax Exemption on Contributions and Returns: According to multiple sources, contributions made to the PPF are eligible for a tax deduction of up to ₹1.5 lakh under Section 80C of the Income Tax Act. Additionally, the interest earned on PPF accounts is stated to be tax-free, qualifying the scheme for an Exempt-Exempt-Exempt (EEE) status, which means that contributions, interest, and maturity amounts are all exempt from tax 1269.

  2. Lock-In Period: PPF investments have a mandatory lock-in period of 15 years, during which the funds cannot be withdrawn except under specific circumstances 79.

  3. NRI Considerations: For Non-Resident Indians (NRIs), while the PPF scheme remains tax-exempt in India, they must consider the tax implications in their country of residence. For instance, NRIs may face different tax treatments depending on their tax obligations in their home countries, such as the United States 310.

  4. Current Interest Rate: As of the latest updates, the interest rate for PPF is approximately 7.1%, which is subject to quarterly revisions by the Government of India 68.

Analysis

Source Evaluation

  • Credibility: Most of the sources cited, such as ClearTax 2, Economic Times 78, and ET Money 6, are well-regarded financial information platforms in India. They provide detailed insights into tax regulations and investment options, which adds to their reliability.

  • Bias and Conflicts of Interest: While these sources generally aim to provide accurate financial information, some may have a vested interest in promoting investment in PPF due to affiliations with financial services or advisory firms. For instance, platforms like ET Money may benefit from increased user engagement through investment recommendations.

  • Methodology: The claims regarding tax exemptions are largely based on the provisions of the Income Tax Act, which are publicly accessible. However, the interpretation of these provisions can vary, and additional context regarding changes in tax laws or updates from the government could enhance understanding.

Supporting and Contradicting Evidence

  • Supporting Evidence: The consensus across multiple sources confirms that PPF returns are tax-free and that contributions qualify for tax deductions. This is a significant advantage for investors looking to save on taxes while securing a guaranteed return on their investments 1469.

  • Contradicting Evidence: The primary contradiction arises for NRIs, who may face different tax implications based on their residency status and local tax laws. This nuance indicates that while PPF may be tax-free in India, the situation can be more complex for individuals living abroad 310.

Conclusion

Verdict: True

The claim that PPF returns are tax-free is supported by substantial evidence, including provisions in the Income Tax Act that grant tax deductions on contributions and tax exemptions on interest earned and maturity amounts. This Exempt-Exempt-Exempt (EEE) status makes PPF an attractive investment option for many individuals in India.

However, it is important to note that the tax implications can differ for Non-Resident Indians (NRIs), who may be subject to taxation in their country of residence. This complexity highlights the necessity for NRIs to consult local tax regulations to fully understand their tax obligations regarding PPF investments.

While the evidence supporting the claim is robust, it is always prudent to remain aware of potential changes in tax laws and regulations that could affect the status of PPF returns in the future. Readers are encouraged to critically evaluate information and consult financial advisors for personalized advice based on their specific circumstances.

Sources

  1. PPF in New Tax Regime is worth or Not - Taxation Club. Link
  2. PPF(Public Provident Fund) - Interest Rate 2025-26, Tax Benefits. Link
  3. PPF for NRIs: Latest Rules, Withdrawal, Alternatives etc. Link
  4. PPF taxation | Features | Tax benefits. Link
  5. Navigating PPF for NRIs. Link
  6. PPF Interest Rate 2023, Tax Benefits & Withdrawal Rules. - ET Money. Link
  7. How to save tax by investing in PPF and get tax-free return - Economic Times. Link
  8. Tax-saving investment: 7.1% interest in PPF or 8.25% returns in VPF. Link
  9. Public Provident Fund (PPF): Intro, Tax Benefits, Features, Rules. Link
  10. PPF for NRIs: Rules, Benefits, and New Regulations Explained. Link

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Fact Check: Carney has massive direct ties to Trump and Elon Musk. 1. Carney moved Brookfield asset management to NY only 6 days after Trump imposes tariffs. This makes Trump happy. 2. Carney will not get rid of bill C69 which is no new pipelines in Canada. So this means most of our oil and gas continues to go to Trump in the US. We need to be independent. Again siding with Trump, Trump is very happy. 3. Trumps son-in-law Jared Kushner was in financial trouble and Carney’s company Brookfield signed a 99 year lease on his property at 666 fifth ave for 1.1 billion with all funds up front (unheard of terms) this cements Trumps admiration for Carney and Carney is now considered family. 4. Carney had Brookfield asset management bail out Elon Musk (Twitter) when he had the big buyout. This is Trumps best buddy and considers Carney also a big business partner with him now. 5. Trump publicly stated that he prefers dealing with the liberals as they never say anything bad about him but Pierre stands up for Canada and says Canada will never be the 51st state and he doesn’t like that. Trump says he wants to deal with Carney. 6. Carney has used off shore banking to hide Brookfields income and owes 5.3 billion to the government over the last 15 years. The address for the account in Bermuda is a bike shop. Carney says it’s legal to hide money and not pay taxes. 7. Liberals had the government prorogued for 3 months while they played around with who could take over while Trump dumped tariffs on us. 8. Carney’s company Brookfield intends to build homes to rent to Canadians with our tax dollars and Brookfield being the owner. 9. Carney sells Canadian dirty coal to China and India then blames us with contributing 1.5% of the worlds carbon and carbon taxes us to death meanwhile China is at 32% of the world’s carbon that Carney helped them get to. What a hypocrite. 10. Carney kicks Chandra Arya to the curb who has won the last 3 elections in Nepean for the liberals. Carney took the easiest seat available to win to try to get an MP job. Another set up and another slimy move. 11. Carney’s company Brookfield has clear cut 9,000 hectares of rain forest in Brazil for pure profit. I thought his idea was net zero??!! 12. Mark Carney took an all expenses paid trip to the UK before he was even temporarily made PM. This is an unelected person getting a free $500,000 trip. This is unethical and he should have used his own money. 13. Carney has used his power to influence the UK to use more expensive jet fuel, then had his company Brookfield invest $1 billion to be able to profit from that. 14. Carney is proposing an altered much higher carbon tax on corporations that will dump down on citizens with no rebates. Carney says the carbon tax has been used sparingly and needs to be doubled. 15. Carney wants to institute carbon credits that will restrict travel in your vehicle and vacations but the ultra rich can buy your credits so they can still enjoy the world. Same as China. 16. Carney wants to bring in carbon tariffs, which is called a carbon border adjustment on any country that he feels doesn’t have a high enough carbon tax. This means the whole world. Carney thinks he’s in charge of the entire planet now. This will increase the price on all imported items we buy. You can only imagine what this will do to the cost of materials. 17. The former UK British Prime Minister Liz Truss has warned Canada to stay away from him and his disasterous Net Zero scams. As did the Mayor of Lima, Peru. 18. Former UK Prime Minister Liz Truss on Mark Carney: "I strongly recommend not backing Mark Carney for his policies on Net Zero. It was disastrous for Britain. It would be disastrous for Canada. She stated he printed too much money and put their economy off track. After he left his successors have struggled to clear up the mess. Inflation spiked to 11.1 % in the UK compared to 5.2% in France. 19. Mayor Lopez Aliaga of Lima Peru said Brookfield, chaired by Carney, was “making massive profits off a toxic contract” plagued by bribes. 20. The Municipality of Lima is currently suing Brookfield (Carney is part of Brookfield asset management) in a New York City court. It’s part of an ongoing legal battle that has been going on for years. Mark Carney and Brookfield instituted tolls on the poorest people that took 1/3 of their monthly income. 21. Carney lied when he said he would build LNG pipelines across Canada to the west in English, the told Quebec in French, never without their permission! 22. Carney lied straight to everyone's faces in the debate, when he said he had nothing to do with Brookfield leaving Canada for the USA. Actually he was still Chair and recommended the move 6 days after Trump announced the tariffs. So this was a move to please Trump and avoid Canadas taxes and Trumps tariffs. 23. Brookfield owns pipelines in other countries and Carney has fought tooth and nail not to have Canada’s resources hit the open market. This is loss of profit for his company. Conservatives have fought for this for years. Now Carney and the liberals are campaigning to do this. This will end up being another lie just to get votes. 24. Carney lied when he said he worked with Paul Martin on balancing the federal budget, when he was at Goldman Sachs at that time as a Wall Street banker. 25. Carney lied when he said he helped save Canada during the 2008 banking crisis. It was not him who steered Canada away from the disaster that the "Bankers" like him at Goldman Sachs caused, it was the late Jim Flaherty. 26. Carney is involved in the Century Initiative, which was created to increase Canada's population to 100 million by 2050 that’s over 2 million per year that tax payers have to foot the bill. No matter how devastating the costs, and an end to Canadian Identity as we know it. All for profit. They have a website where you can read all about it. Trudeau brought in 1 million per year over 3 years and crashed our housing and healthcare. 27. Carney refuses to declare his assets before becoming the Pm and put them in a blind trust. That’s why the election was called with minimal notice. 28. Carney’s competitors were illegally eliminated before the liberal mini election to purposely to give Carney the job even though they raised the $350K. Ruby Dhalla is one of them, and Chandra Arya is another. Now Carney took his riding. 29. Carney says he would implement the emergency act against tariffs if necessary again. 30. In Carney’s own book he states capitalism is evil and rigid controls on personal freedoms, industry and corporations are necessary. Poverty will definitely happen but for the good of world order. In other words personal freedom is not an option. 31. Carney and the others that fought for the PM job (in the liberal debate) were forbidden to discuss the fentanyl crisis, homelessness, immigration, border issues, bail reform, China foreign interference or mass debt issues. This is from Trudeau himself. If Carney will lie this much before the election then refuse to follow all the proper ethics and conflict investigations, then he is going to continue to lie well after he gets in office. This is just another Justin Trudeau! Liar Personified! This is who Trudeau wants in office as Prime Minister without him ever being elected. His partner in corruption, greed, and immorality. Except he is even better connected, and established with the funds behind him. And soon he will have access to all of Canadas fund and Information about all companies for when he returns to the private sector. Ask yourself, why is a guy making $20 million a year here to make $203,000 as an MP (which Carney is not one) plus $203,000 for prime minister. = $406,000

Detailed fact-check analysis of: Carney has massive direct ties to Trump and Elon Musk. 1. Carney moved Brookfield asset management to NY only 6 days after Trump imposes tariffs. This makes Trump happy. 2. Carney will not get rid of bill C69 which is no new pipelines in Canada. So this means most of our oil and gas continues to go to Trump in the US. We need to be independent. Again siding with Trump, Trump is very happy. 3. Trumps son-in-law Jared Kushner was in financial trouble and Carney’s company Brookfield signed a 99 year lease on his property at 666 fifth ave for 1.1 billion with all funds up front (unheard of terms) this cements Trumps admiration for Carney and Carney is now considered family. 4. Carney had Brookfield asset management bail out Elon Musk (Twitter) when he had the big buyout. This is Trumps best buddy and considers Carney also a big business partner with him now. 5. Trump publicly stated that he prefers dealing with the liberals as they never say anything bad about him but Pierre stands up for Canada and says Canada will never be the 51st state and he doesn’t like that. Trump says he wants to deal with Carney. 6. Carney has used off shore banking to hide Brookfields income and owes 5.3 billion to the government over the last 15 years. The address for the account in Bermuda is a bike shop. Carney says it’s legal to hide money and not pay taxes. 7. Liberals had the government prorogued for 3 months while they played around with who could take over while Trump dumped tariffs on us. 8. Carney’s company Brookfield intends to build homes to rent to Canadians with our tax dollars and Brookfield being the owner. 9. Carney sells Canadian dirty coal to China and India then blames us with contributing 1.5% of the worlds carbon and carbon taxes us to death meanwhile China is at 32% of the world’s carbon that Carney helped them get to. What a hypocrite. 10. Carney kicks Chandra Arya to the curb who has won the last 3 elections in Nepean for the liberals. Carney took the easiest seat available to win to try to get an MP job. Another set up and another slimy move. 11. Carney’s company Brookfield has clear cut 9,000 hectares of rain forest in Brazil for pure profit. I thought his idea was net zero??!! 12. Mark Carney took an all expenses paid trip to the UK before he was even temporarily made PM. This is an unelected person getting a free $500,000 trip. This is unethical and he should have used his own money. 13. Carney has used his power to influence the UK to use more expensive jet fuel, then had his company Brookfield invest $1 billion to be able to profit from that. 14. Carney is proposing an altered much higher carbon tax on corporations that will dump down on citizens with no rebates. Carney says the carbon tax has been used sparingly and needs to be doubled. 15. Carney wants to institute carbon credits that will restrict travel in your vehicle and vacations but the ultra rich can buy your credits so they can still enjoy the world. Same as China. 16. Carney wants to bring in carbon tariffs, which is called a carbon border adjustment on any country that he feels doesn’t have a high enough carbon tax. This means the whole world. Carney thinks he’s in charge of the entire planet now. This will increase the price on all imported items we buy. You can only imagine what this will do to the cost of materials. 17. The former UK British Prime Minister Liz Truss has warned Canada to stay away from him and his disasterous Net Zero scams. As did the Mayor of Lima, Peru. 18. Former UK Prime Minister Liz Truss on Mark Carney: "I strongly recommend not backing Mark Carney for his policies on Net Zero. It was disastrous for Britain. It would be disastrous for Canada. She stated he printed too much money and put their economy off track. After he left his successors have struggled to clear up the mess. Inflation spiked to 11.1 % in the UK compared to 5.2% in France. 19. Mayor Lopez Aliaga of Lima Peru said Brookfield, chaired by Carney, was “making massive profits off a toxic contract” plagued by bribes. 20. The Municipality of Lima is currently suing Brookfield (Carney is part of Brookfield asset management) in a New York City court. It’s part of an ongoing legal battle that has been going on for years. Mark Carney and Brookfield instituted tolls on the poorest people that took 1/3 of their monthly income. 21. Carney lied when he said he would build LNG pipelines across Canada to the west in English, the told Quebec in French, never without their permission! 22. Carney lied straight to everyone's faces in the debate, when he said he had nothing to do with Brookfield leaving Canada for the USA. Actually he was still Chair and recommended the move 6 days after Trump announced the tariffs. So this was a move to please Trump and avoid Canadas taxes and Trumps tariffs. 23. Brookfield owns pipelines in other countries and Carney has fought tooth and nail not to have Canada’s resources hit the open market. This is loss of profit for his company. Conservatives have fought for this for years. Now Carney and the liberals are campaigning to do this. This will end up being another lie just to get votes. 24. Carney lied when he said he worked with Paul Martin on balancing the federal budget, when he was at Goldman Sachs at that time as a Wall Street banker. 25. Carney lied when he said he helped save Canada during the 2008 banking crisis. It was not him who steered Canada away from the disaster that the "Bankers" like him at Goldman Sachs caused, it was the late Jim Flaherty. 26. Carney is involved in the Century Initiative, which was created to increase Canada's population to 100 million by 2050 that’s over 2 million per year that tax payers have to foot the bill. No matter how devastating the costs, and an end to Canadian Identity as we know it. All for profit. They have a website where you can read all about it. Trudeau brought in 1 million per year over 3 years and crashed our housing and healthcare. 27. Carney refuses to declare his assets before becoming the Pm and put them in a blind trust. That’s why the election was called with minimal notice. 28. Carney’s competitors were illegally eliminated before the liberal mini election to purposely to give Carney the job even though they raised the $350K. Ruby Dhalla is one of them, and Chandra Arya is another. Now Carney took his riding. 29. Carney says he would implement the emergency act against tariffs if necessary again. 30. In Carney’s own book he states capitalism is evil and rigid controls on personal freedoms, industry and corporations are necessary. Poverty will definitely happen but for the good of world order. In other words personal freedom is not an option. 31. Carney and the others that fought for the PM job (in the liberal debate) were forbidden to discuss the fentanyl crisis, homelessness, immigration, border issues, bail reform, China foreign interference or mass debt issues. This is from Trudeau himself. If Carney will lie this much before the election then refuse to follow all the proper ethics and conflict investigations, then he is going to continue to lie well after he gets in office. This is just another Justin Trudeau! Liar Personified! This is who Trudeau wants in office as Prime Minister without him ever being elected. His partner in corruption, greed, and immorality. Except he is even better connected, and established with the funds behind him. And soon he will have access to all of Canadas fund and Information about all companies for when he returns to the private sector. Ask yourself, why is a guy making $20 million a year here to make $203,000 as an MP (which Carney is not one) plus $203,000 for prime minister. = $406,000

Apr 23, 2025
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Fact Check: Carney has massive direct ties to Trump and Elon Musk. 1. Carney moved Brookfield asset management to NY only 6 days after Trump imposes tariffs. This makes Trump happy. 2. Carney will not get rid of bill C69 which is no new pipelines in Canada. So this means most of our oil and gas continues to go to Trump in the US. We need to be independent. Again siding with Trump, Trump is very happy. 3. Trumps son-in-law Jared Kushner was in financial trouble and Carney’s company Brookfield signed a 99 year lease on his property at 666 fifth ave for 1.1 billion with all funds up front (unheard of terms) this cements Trumps admiration for Carney and Carney is now considered family. 4. Carney had Brookfield asset management bail out Elon Musk (Twitter) when he had the big buyout. This is Trumps best buddy and considers Carney also a big business partner with him now. 5. Trump publicly stated that he prefers dealing with the liberals as they never say anything bad about him but Pierre stands up for Canada and says Canada will never be the 51st state and he doesn’t like that. Trump says he wants to deal with Carney. 6. Carney has used off shore banking to hide Brookfields income and owes 5.3 billion to the government over the last 15 years. The address for the account in Bermuda is a bike shop. Carney says it’s legal to hide money and not pay taxes. 7. Liberals had the government prorogued for 3 months while they played around with who could take over while Trump dumped tariffs on us. 8. Carney’s company Brookfield intends to build homes to rent to Canadians with our tax dollars and Brookfield being the owner. 9. Carney sells Canadian dirty coal to China and India then blames us with contributing 1.5% of the worlds carbon and carbon taxes us to death meanwhile China is at 32% of the world’s carbon that Carney helped them get to. What a hypocrite. 10. Carney kicks Chandra Arya to the curb who has won the last 3 elections in Nepean for the liberals. Carney took the easiest seat available to win to try to get an MP job. Another set up and another slimy move. 11. Carney’s company Brookfield has clear cut 9,000 hectares of rain forest in Brazil for pure profit. I thought his idea was net zero??!! 12. Mark Carney took an all expenses paid trip to the UK before he was even temporarily made PM. This is an unelected person getting a free $500,000 trip. This is unethical and he should have used his own money. 13. Carney has used his power to influence the UK to use more expensive jet fuel, then had his company Brookfield invest $1 billion to be able to profit from that. 14. Carney is proposing an altered much higher carbon tax on corporations that will dump down on citizens with no rebates. Carney says the carbon tax has been used sparingly and needs to be doubled. 15. Carney wants to institute carbon credits that will restrict travel in your vehicle and vacations but the ultra rich can buy your credits so they can still enjoy the world. Same as China. 16. Carney wants to bring in carbon tariffs, which is called a carbon border adjustment on any country that he feels doesn’t have a high enough carbon tax. This means the whole world. Carney thinks he’s in charge of the entire planet now. This will increase the price on all imported items we buy. You can only imagine what this will do to the cost of materials. 17. The former UK British Prime Minister Liz Truss has warned Canada to stay away from him and his disasterous Net Zero scams. As did the Mayor of Lima, Peru. 18. Former UK Prime Minister Liz Truss on Mark Carney: "I strongly recommend not backing Mark Carney for his policies on Net Zero. It was disastrous for Britain. It would be disastrous for Canada. She stated he printed too much money and put their economy off track. After he left his successors have struggled to clear up the mess. Inflation spiked to 11.1 % in the UK compared to 5.2% in France. 19. Mayor Lopez Aliaga of Lima Peru said Brookfield, chaired by Carney, was “making massive profits off a toxic contract” plagued by bribes. 20. The Municipality of Lima is currently suing Brookfield (Carney is part of Brookfield asset management) in a New York City court. It’s part of an ongoing legal battle that has been going on for years. Mark Carney and Brookfield instituted tolls on the poorest people that took 1/3 of their monthly income. 21. Carney lied when he said he would build LNG pipelines across Canada to the west in English, the told Quebec in French, never without their permission! 22. Carney lied straight to everyone's faces in the debate, when he said he had nothing to do with Brookfield leaving Canada for the USA. Actually he was still Chair and recommended the move 6 days after Trump announced the tariffs. So this was a move to please Trump and avoid Canadas taxes and Trumps tariffs. 23. Brookfield owns pipelines in other countries and Carney has fought tooth and nail not to have Canada’s resources hit the open market. This is loss of profit for his company. Conservatives have fought for this for years. Now Carney and the liberals are campaigning to do this. This will end up being another lie just to get votes. 24. Carney lied when he said he worked with Paul Martin on balancing the federal budget, when he was at Goldman Sachs at that time as a Wall Street banker. 25. Carney lied when he said he helped save Canada during the 2008 banking crisis. It was not him who steered Canada away from the disaster that the "Bankers" like him at Goldman Sachs caused, it was the late Jim Flaherty. 26. Carney is involved in the Century Initiative, which was created to increase Canada's population to 100 million by 2050 that’s over 2 million per year that tax payers have to foot the bill. No matter how devastating the costs, and an end to Canadian Identity as we know it. All for profit. They have a website where you can read all about it. Trudeau brought in 1 million per year over 3 years and crashed our housing and healthcare. 27. Carney refuses to declare his assets before becoming the Pm and put them in a blind trust. That’s why the election was called with minimal notice. 28. Carney’s competitors were illegally eliminated before the liberal mini election to purposely to give Carney the job even though they raised the $350K. Ruby Dhalla is one of them, and Chandra Arya is another. Now Carney took his riding. 29. Carney says he would implement the emergency act against tariffs if necessary again. 30. In Carney’s own book he states capitalism is evil and rigid controls on personal freedoms, industry and corporations are necessary. Poverty will definitely happen but for the good of world order. In other words personal freedom is not an option. 31. Carney and the others that fought for the PM job (in the liberal debate) were forbidden to discuss the fentanyl crisis, homelessness, immigration, border issues, bail reform, China foreign interference or mass debt issues. This is from Trudeau himself. If Carney will lie this much before the election then refuse to follow all the proper ethics and conflict investigations, then he is going to continue to lie well after he gets in office. This is just another Justin Trudeau! Liar Personified! This is who Trudeau wants in office as Prime Minister without him ever being elected. His partner in corruption, greed, and immorality. Except he is even better connected, and established with the funds behind him. And soon he will have access to all of Canadas fund and Information about all companies for when he returns to the private sector. Ask yourself, why is a guy making $20 million a year here to make $203,000 as an MP (which Carney is not one) plus $203,000 for prime minister. = $406,000

Detailed fact-check analysis of: Carney has massive direct ties to Trump and Elon Musk. 1. Carney moved Brookfield asset management to NY only 6 days after Trump imposes tariffs. This makes Trump happy. 2. Carney will not get rid of bill C69 which is no new pipelines in Canada. So this means most of our oil and gas continues to go to Trump in the US. We need to be independent. Again siding with Trump, Trump is very happy. 3. Trumps son-in-law Jared Kushner was in financial trouble and Carney’s company Brookfield signed a 99 year lease on his property at 666 fifth ave for 1.1 billion with all funds up front (unheard of terms) this cements Trumps admiration for Carney and Carney is now considered family. 4. Carney had Brookfield asset management bail out Elon Musk (Twitter) when he had the big buyout. This is Trumps best buddy and considers Carney also a big business partner with him now. 5. Trump publicly stated that he prefers dealing with the liberals as they never say anything bad about him but Pierre stands up for Canada and says Canada will never be the 51st state and he doesn’t like that. Trump says he wants to deal with Carney. 6. Carney has used off shore banking to hide Brookfields income and owes 5.3 billion to the government over the last 15 years. The address for the account in Bermuda is a bike shop. Carney says it’s legal to hide money and not pay taxes. 7. Liberals had the government prorogued for 3 months while they played around with who could take over while Trump dumped tariffs on us. 8. Carney’s company Brookfield intends to build homes to rent to Canadians with our tax dollars and Brookfield being the owner. 9. Carney sells Canadian dirty coal to China and India then blames us with contributing 1.5% of the worlds carbon and carbon taxes us to death meanwhile China is at 32% of the world’s carbon that Carney helped them get to. What a hypocrite. 10. Carney kicks Chandra Arya to the curb who has won the last 3 elections in Nepean for the liberals. Carney took the easiest seat available to win to try to get an MP job. Another set up and another slimy move. 11. Carney’s company Brookfield has clear cut 9,000 hectares of rain forest in Brazil for pure profit. I thought his idea was net zero??!! 12. Mark Carney took an all expenses paid trip to the UK before he was even temporarily made PM. This is an unelected person getting a free $500,000 trip. This is unethical and he should have used his own money. 13. Carney has used his power to influence the UK to use more expensive jet fuel, then had his company Brookfield invest $1 billion to be able to profit from that. 14. Carney is proposing an altered much higher carbon tax on corporations that will dump down on citizens with no rebates. Carney says the carbon tax has been used sparingly and needs to be doubled. 15. Carney wants to institute carbon credits that will restrict travel in your vehicle and vacations but the ultra rich can buy your credits so they can still enjoy the world. Same as China. 16. Carney wants to bring in carbon tariffs, which is called a carbon border adjustment on any country that he feels doesn’t have a high enough carbon tax. This means the whole world. Carney thinks he’s in charge of the entire planet now. This will increase the price on all imported items we buy. You can only imagine what this will do to the cost of materials. 17. The former UK British Prime Minister Liz Truss has warned Canada to stay away from him and his disasterous Net Zero scams. As did the Mayor of Lima, Peru. 18. Former UK Prime Minister Liz Truss on Mark Carney: "I strongly recommend not backing Mark Carney for his policies on Net Zero. It was disastrous for Britain. It would be disastrous for Canada. She stated he printed too much money and put their economy off track. After he left his successors have struggled to clear up the mess. Inflation spiked to 11.1 % in the UK compared to 5.2% in France. 19. Mayor Lopez Aliaga of Lima Peru said Brookfield, chaired by Carney, was “making massive profits off a toxic contract” plagued by bribes. 20. The Municipality of Lima is currently suing Brookfield (Carney is part of Brookfield asset management) in a New York City court. It’s part of an ongoing legal battle that has been going on for years. Mark Carney and Brookfield instituted tolls on the poorest people that took 1/3 of their monthly income. 21. Carney lied when he said he would build LNG pipelines across Canada to the west in English, the told Quebec in French, never without their permission! 22. Carney lied straight to everyone's faces in the debate, when he said he had nothing to do with Brookfield leaving Canada for the USA. Actually he was still Chair and recommended the move 6 days after Trump announced the tariffs. So this was a move to please Trump and avoid Canadas taxes and Trumps tariffs. 23. Brookfield owns pipelines in other countries and Carney has fought tooth and nail not to have Canada’s resources hit the open market. This is loss of profit for his company. Conservatives have fought for this for years. Now Carney and the liberals are campaigning to do this. This will end up being another lie just to get votes. 24. Carney lied when he said he worked with Paul Martin on balancing the federal budget, when he was at Goldman Sachs at that time as a Wall Street banker. 25. Carney lied when he said he helped save Canada during the 2008 banking crisis. It was not him who steered Canada away from the disaster that the "Bankers" like him at Goldman Sachs caused, it was the late Jim Flaherty. 26. Carney is involved in the Century Initiative, which was created to increase Canada's population to 100 million by 2050 that’s over 2 million per year that tax payers have to foot the bill. No matter how devastating the costs, and an end to Canadian Identity as we know it. All for profit. They have a website where you can read all about it. Trudeau brought in 1 million per year over 3 years and crashed our housing and healthcare. 27. Carney refuses to declare his assets before becoming the Pm and put them in a blind trust. That’s why the election was called with minimal notice. 28. Carney’s competitors were illegally eliminated before the liberal mini election to purposely to give Carney the job even though they raised the $350K. Ruby Dhalla is one of them, and Chandra Arya is another. Now Carney took his riding. 29. Carney says he would implement the emergency act against tariffs if necessary again. 30. In Carney’s own book he states capitalism is evil and rigid controls on personal freedoms, industry and corporations are necessary. Poverty will definitely happen but for the good of world order. In other words personal freedom is not an option. 31. Carney and the others that fought for the PM job (in the liberal debate) were forbidden to discuss the fentanyl crisis, homelessness, immigration, border issues, bail reform, China foreign interference or mass debt issues. This is from Trudeau himself. If Carney will lie this much before the election then refuse to follow all the proper ethics and conflict investigations, then he is going to continue to lie well after he gets in office. This is just another Justin Trudeau! Liar Personified! This is who Trudeau wants in office as Prime Minister without him ever being elected. His partner in corruption, greed, and immorality. Except he is even better connected, and established with the funds behind him. And soon he will have access to all of Canadas fund and Information about all companies for when he returns to the private sector. Ask yourself, why is a guy making $20 million a year here to make $203,000 as an MP (which Carney is not one) plus $203,000 for prime minister. = $406,000

Apr 23, 2025
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