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

April 23, 2025by TruthOrFake
VERDICT
Mostly False

# The Claim: Mark Carney's Alleged Ties to Trump and Elon Musk ## Introduction The claim surrounding Mark Carney suggests that he has extensive and q...

The Claim: Mark Carney's Alleged Ties to Trump and Elon Musk

Introduction

The claim surrounding Mark Carney suggests that he has extensive and questionable connections to both former President Donald Trump and billionaire entrepreneur Elon Musk. The assertions range from Carney's business dealings and political maneuvers to accusations of unethical behavior and conflicts of interest. This article will explore the various elements of the claim, examining the evidence and context surrounding each point.

What We Know

  1. Brookfield Asset Management and Jared Kushner: Brookfield Asset Management, where Carney previously served as CEO, signed a 99-year lease on Jared Kushner's property at 666 Fifth Avenue for $1.1 billion upfront in 2018. This deal has been scrutinized for its favorable terms and its timing amidst Kushner's financial difficulties 35.

  2. Carney's Political Stance: Carney has been criticized for his position on Canadian energy policies, particularly regarding Bill C-69, which aims to regulate pipeline projects. Critics argue that this stance aligns with U.S. interests, particularly those of Trump 69.

  3. Allegations of Influence and Ethics: Carney has faced scrutiny over his past as Governor of the Bank of England and his role in various financial institutions. Critics claim he has used his influence to benefit Brookfield and its interests, particularly in relation to environmental policies and carbon taxes 89.

  4. Environmental Policies: Carney has been involved in discussions about carbon taxes and climate change initiatives. Some sources allege that his policies disproportionately affect lower-income individuals while favoring wealthier corporations 9.

  5. Legal Issues in Peru: Brookfield is reportedly involved in legal disputes in Peru, with allegations of corruption and exploitation of local resources, which have raised ethical questions about Carney's leadership 9.

  6. Political Aspirations: Carney has been mentioned as a potential candidate for leadership positions within the Canadian government, leading to speculation about his motivations and connections to influential figures like Trudeau and Trump 68.

Analysis

The claims regarding Carney's ties to Trump and Musk are complex and multifaceted. The sources cited provide a mix of factual reporting, opinion pieces, and speculative assertions.

  • Source Reliability:

    • The New York Times and AP News are generally considered reliable sources, providing well-researched articles based on factual reporting 234. However, opinion pieces from outlets like the National Post and Juno News may exhibit bias, particularly if they align with specific political agendas 67.
    • Substack articles, while they can provide in-depth analysis, often lack the editorial oversight of traditional news outlets, which raises questions about their reliability 9.
  • Conflicts of Interest: Some sources may have inherent biases based on their affiliations or the political leanings of their readership. For instance, conservative outlets may portray Carney in a more negative light, while liberal sources might downplay the controversies surrounding him 78.

  • Methodology and Evidence: The claims about Carney's influence and actions often rely on anecdotal evidence or interpretations of his business decisions. For example, the assertion that Carney's policies are designed to benefit Trump lacks concrete evidence linking specific actions to direct outcomes for Trump or his administration 69.

  • Missing Information: Additional context regarding Carney's decision-making processes, the full scope of Brookfield's business dealings, and more comprehensive data on the environmental impact of his policies would be beneficial to fully assess the validity of these claims.

Conclusion

Verdict: Mostly False

The claims regarding Mark Carney's alleged ties to Donald Trump and Elon Musk are largely based on circumstantial evidence and speculative interpretations rather than concrete proof of direct connections. While there are valid concerns about Carney's business dealings and political stances, particularly regarding Brookfield Asset Management and environmental policies, the evidence does not substantiate the more extreme assertions of unethical behavior or direct influence over Trump or Musk.

It is important to note that while some of Carney's actions may raise ethical questions, the complexity of the relationships and the lack of definitive evidence linking him directly to Trump or Musk contribute to the "Mostly False" verdict. The claims often rely on interpretations that may not fully capture the nuances of Carney's professional landscape.

Moreover, the available evidence is limited and sometimes biased, which complicates the ability to draw firm conclusions. Readers are encouraged to critically evaluate the information presented and consider the broader context before forming their own opinions on the matter.

Sources

  1. Wyden Continues Investigation Into Kushner Conflicts of Interest, Influence on U.S. Foreign Policy
  2. Musk Slams Navarro, Trump’s Trade Adviser, Exposing Inner Circle Rift - The New York Times
  3. Deal Gives Kushners Cash Infusion on 666 Fifth Avenue - The New York Times
  4. The Latest: Elon Musk says he hopes for zero tariffs with Europe someday | AP News
  5. Carney’s ex-company Brookfield has deep financial ties with the Trump family
  6. What we know about Mark Carney’s Brookfield connections
  7. Terry Glavin: Who is this Mark Carney guy, anyway? | National Post
  8. Canada election: Mark Carney, Brookfield in the spotlight
  9. Trump, Carney, and Brookfield: The Billion-Dollar Connection

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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 t...

Apr 23, 2025
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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 ...

Mar 24, 2025
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Fact Check: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financial Post, by Matthew Lau. "Having left his gig as UN Special Envoy for Climate and Finance to lead the federal Liberal government, Mark Carney is now in a position to focus his and Greta Thunberg’s global climate crusade squarely on Canada. The crusade, Carney boasted back in 2021 while in his previous role, is worth many trillions of dollars. As he told CBC News at that year’s UN climate conference, “We have banks, asset managers, pension funds, insurance companies from around the world — more than 45 countries — and their total resources, totalling US$130 trillion” dedicated to transitioning the world’s economy away from fossil fuels. That dollar figure is higher than global GDP. Last month, Carney laid out Canada’s required contribution to his climate ambitions: “Canada must invest $2 trillion by 2050 — about $80 billion per year — to become carbon competitive and achieve Net Zero. However, investments in decarbonisation currently run between $10–20 billion annually.” The implication is that another $60-70 billion a year will need to be wrung out of Canadian businesses and consumers, either through direct taxation and government spending or with regulatory browbeating to push Canadians’ savings and investments into global warming initiatives. Carney has made no effort to hide his agenda to browbeat businesses into joining his and Greta Thunberg’s climate crusade. In a 2021 interview he declared, “We need a sustainable economy, and is your business aligned with that? Are your hiring practices consistent with that? Are you developing people in a way that’s consistent with that? Ultimately, what’s being asked of businesses when it comes to climate is, do you have a plan for net-zero? Canada has a legislated objective for net zero alongside another 130 countries.” “A Swedish teenager,” Carney continued, referring to Thunberg, “can figure out the carbon budget and that we have less than 10 years and you have to get to net-zero to stabilize it and if you’re a company and you have purpose, well, what’s your plan? And all these plans need to come together.” This is utter insanity: under Justin Trudeau Canada suffered rapidly declining business investment and now his successor wants the country’s business leaders to take financial planning directives from Greta Thunberg. While the federal government barrels down the road to net-zero impoverishment for Canada, everyone else is looking for the exit ramp. In January, six of the largest U.S. banks — JPMorganChase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley — quit the Carney-led net-zero banking alliance. Canada’s Big Six Banks — RBC, TD Bank, BMO, Scotiabank, CIBC and National Bank — have quit the initiative as well. Even Europe is beginning to back off on government piling climate obligations onto businesses in the name of fighting global warming. As the Wall Street Journal reports, the EU is watering down its climate accounting policies “amid pushback from member states and companies within the bloc over the new rules, which they say would have increased costs and reduced the competitiveness of their business.” Specifically, regulations previously scheduled for this year would have forced companies “to report in detail on their environmental, social and corporate-governance performance while making significant cuts to the emissions from within their supply chain.” The EU is now dropping, weakening or postponing many of these climate regulations, so that businesses will be able to better “grow, innovate, and create quality jobs.” This is effectively an admission that piling climate obligations and environmental reporting mandates onto businesses prevents them from growing, innovating and creating good jobs. Unfortunately, Mark Carney is all about climate obligations and reporting mandates. The road Canada is currently marching down for climate-related financial disclosures is based on a framework proposed by a task force Carney initiated in 2015. His aforementioned Thunberg-praising interview was not with an environmental journalist, but with Pivot Magazine, which is published by CPA Canada, the accounting industry’s national association. “We cannot get to net-zero without proper climate reporting,” he insisted, speaking of the need for “one core global standard” for climate accounting and reporting. A global climate reporting standard to help push trillions of dollars — yes, trillions with a “T” — from Canadian workers and taxpayers into Mark Carney and Greta Thunberg’s climate crusade? After a decade of Justin Trudeau’s ruinous policies weakening Canada from coast to coast, there could be little worse for the country and its economy than a Liberal government led by Mark Carney." The Financial Post Cape Breton Politics Jason Boudreau · 1h · Big numbers in unions. 😁😁

Detailed fact-check analysis of: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financia...

Mar 25, 2025
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Fact Check: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financial Post, by Matthew Lau. "Having left his gig as UN Special Envoy for Climate and Finance to lead the federal Liberal government, Mark Carney is now in a position to focus his and Greta Thunberg’s global climate crusade squarely on Canada. The crusade, Carney boasted back in 2021 while in his previous role, is worth many trillions of dollars. As he told CBC News at that year’s UN climate conference, “We have banks, asset managers, pension funds, insurance companies from around the world — more than 45 countries — and their total resources, totalling US$130 trillion” dedicated to transitioning the world’s economy away from fossil fuels. That dollar figure is higher than global GDP. Last month, Carney laid out Canada’s required contribution to his climate ambitions: “Canada must invest $2 trillion by 2050 — about $80 billion per year — to become carbon competitive and achieve Net Zero. However, investments in decarbonisation currently run between $10–20 billion annually.” The implication is that another $60-70 billion a year will need to be wrung out of Canadian businesses and consumers, either through direct taxation and government spending or with regulatory browbeating to push Canadians’ savings and investments into global warming initiatives. Carney has made no effort to hide his agenda to browbeat businesses into joining his and Greta Thunberg’s climate crusade. In a 2021 interview he declared, “We need a sustainable economy, and is your business aligned with that? Are your hiring practices consistent with that? Are you developing people in a way that’s consistent with that? Ultimately, what’s being asked of businesses when it comes to climate is, do you have a plan for net-zero? Canada has a legislated objective for net zero alongside another 130 countries.” “A Swedish teenager,” Carney continued, referring to Thunberg, “can figure out the carbon budget and that we have less than 10 years and you have to get to net-zero to stabilize it and if you’re a company and you have purpose, well, what’s your plan? And all these plans need to come together.” This is utter insanity: under Justin Trudeau Canada suffered rapidly declining business investment and now his successor wants the country’s business leaders to take financial planning directives from Greta Thunberg. While the federal government barrels down the road to net-zero impoverishment for Canada, everyone else is looking for the exit ramp. In January, six of the largest U.S. banks — JPMorganChase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley — quit the Carney-led net-zero banking alliance. Canada’s Big Six Banks — RBC, TD Bank, BMO, Scotiabank, CIBC and National Bank — have quit the initiative as well. Even Europe is beginning to back off on government piling climate obligations onto businesses in the name of fighting global warming. As the Wall Street Journal reports, the EU is watering down its climate accounting policies “amid pushback from member states and companies within the bloc over the new rules, which they say would have increased costs and reduced the competitiveness of their business.” Specifically, regulations previously scheduled for this year would have forced companies “to report in detail on their environmental, social and corporate-governance performance while making significant cuts to the emissions from within their supply chain.” The EU is now dropping, weakening or postponing many of these climate regulations, so that businesses will be able to better “grow, innovate, and create quality jobs.” This is effectively an admission that piling climate obligations and environmental reporting mandates onto businesses prevents them from growing, innovating and creating good jobs. Unfortunately, Mark Carney is all about climate obligations and reporting mandates. The road Canada is currently marching down for climate-related financial disclosures is based on a framework proposed by a task force Carney initiated in 2015. His aforementioned Thunberg-praising interview was not with an environmental journalist, but with Pivot Magazine, which is published by CPA Canada, the accounting industry’s national association. “We cannot get to net-zero without proper climate reporting,” he insisted, speaking of the need for “one core global standard” for climate accounting and reporting. A global climate reporting standard to help push trillions of dollars — yes, trillions with a “T” — from Canadian workers and taxpayers into Mark Carney and Greta Thunberg’s climate crusade? After a decade of Justin Trudeau’s ruinous policies weakening Canada from coast to coast, there could be little worse for the country and its economy than a Liberal government led by Mark Carney." The Financial Post Cape Breton Politics Jason Boudreau · 1h · Big numbers in unions. 😁😁

Detailed fact-check analysis of: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financia...

Mar 25, 2025
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Fact Check: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financial Post, by Matthew Lau. "Having left his gig as UN Special Envoy for Climate and Finance to lead the federal Liberal government, Mark Carney is now in a position to focus his and Greta Thunberg’s global climate crusade squarely on Canada. The crusade, Carney boasted back in 2021 while in his previous role, is worth many trillions of dollars. As he told CBC News at that year’s UN climate conference, “We have banks, asset managers, pension funds, insurance companies from around the world — more than 45 countries — and their total resources, totalling US$130 trillion” dedicated to transitioning the world’s economy away from fossil fuels. That dollar figure is higher than global GDP. Last month, Carney laid out Canada’s required contribution to his climate ambitions: “Canada must invest $2 trillion by 2050 — about $80 billion per year — to become carbon competitive and achieve Net Zero. However, investments in decarbonisation currently run between $10–20 billion annually.” The implication is that another $60-70 billion a year will need to be wrung out of Canadian businesses and consumers, either through direct taxation and government spending or with regulatory browbeating to push Canadians’ savings and investments into global warming initiatives. Carney has made no effort to hide his agenda to browbeat businesses into joining his and Greta Thunberg’s climate crusade. In a 2021 interview he declared, “We need a sustainable economy, and is your business aligned with that? Are your hiring practices consistent with that? Are you developing people in a way that’s consistent with that? Ultimately, what’s being asked of businesses when it comes to climate is, do you have a plan for net-zero? Canada has a legislated objective for net zero alongside another 130 countries.” “A Swedish teenager,” Carney continued, referring to Thunberg, “can figure out the carbon budget and that we have less than 10 years and you have to get to net-zero to stabilize it and if you’re a company and you have purpose, well, what’s your plan? And all these plans need to come together.” This is utter insanity: under Justin Trudeau Canada suffered rapidly declining business investment and now his successor wants the country’s business leaders to take financial planning directives from Greta Thunberg. While the federal government barrels down the road to net-zero impoverishment for Canada, everyone else is looking for the exit ramp. In January, six of the largest U.S. banks — JPMorganChase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley — quit the Carney-led net-zero banking alliance. Canada’s Big Six Banks — RBC, TD Bank, BMO, Scotiabank, CIBC and National Bank — have quit the initiative as well. Even Europe is beginning to back off on government piling climate obligations onto businesses in the name of fighting global warming. As the Wall Street Journal reports, the EU is watering down its climate accounting policies “amid pushback from member states and companies within the bloc over the new rules, which they say would have increased costs and reduced the competitiveness of their business.” Specifically, regulations previously scheduled for this year would have forced companies “to report in detail on their environmental, social and corporate-governance performance while making significant cuts to the emissions from within their supply chain.” The EU is now dropping, weakening or postponing many of these climate regulations, so that businesses will be able to better “grow, innovate, and create quality jobs.” This is effectively an admission that piling climate obligations and environmental reporting mandates onto businesses prevents them from growing, innovating and creating good jobs. Unfortunately, Mark Carney is all about climate obligations and reporting mandates. The road Canada is currently marching down for climate-related financial disclosures is based on a framework proposed by a task force Carney initiated in 2015. His aforementioned Thunberg-praising interview was not with an environmental journalist, but with Pivot Magazine, which is published by CPA Canada, the accounting industry’s national association. “We cannot get to net-zero without proper climate reporting,” he insisted, speaking of the need for “one core global standard” for climate accounting and reporting. A global climate reporting standard to help push trillions of dollars — yes, trillions with a “T” — from Canadian workers and taxpayers into Mark Carney and Greta Thunberg’s climate crusade? After a decade of Justin Trudeau’s ruinous policies weakening Canada from coast to coast, there could be little worse for the country and its economy than a Liberal government led by Mark Carney." The Financial Post

Detailed fact-check analysis of: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financia...

Mar 23, 2025
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Fact Check: Business leaders and ex bank heads throw support behind Poilievre A number of prominent business leaders formally threw their support behind Pierre Poilievre in the upcoming federal election on Saturday, arguing his Conservative Party will best handle Canada’s slowing economic growth. The group of more than 30 current and past executives includes Fairfax Financial CEO Prem Watsa, Canaccord Genuity CEO Dan Daviau, former RBC Capital Markets CEO Anthony Fell and former Scotiabank CEO Brian Porter. They published an open letter in several Canadian newspapers on Saturday saying Poilievre's plans are best to get the country's economy "back on track." "Productivity has stalled. Economic growth has slowed. Our GDP per capita is shrinking," the letter reads. "Nevertheless, this decline is not inevitable -- and it's not the Canada we know and love." To turn things around, the letter said Canada needs to eliminate barriers to productivity by streamlining permit processes and cutting outdated regulations that prevent investment and job creation. It also said the government needs to be more disciplined with its spending, impose lower taxes to make Canada more competitive and develop the country's natural resources by building pipelines, expanding mining and investing in energy. The letter, which was also signed by former RioCan Real Estate Investment Trust founder Edward Sonshine, Mattamy Homes CEO Peter Gilgan and past Toronto Blue Jays president Paul Godfrey, is one of the strongest shows of support Poilievre has seen from the business community yet. His competitor, Liberal Mark Carney, has spent much of the election campaign, which concludes on April 28 when Canadians go to the polls, touting his experience as leader of the central banks in both Canada and England. He argues that experience leaves him best equipped to address the country's economic woes and tariff threats from U.S. President Donald Trump. The Liberals did not immediately respond to request for comment on the letter. The Conservatives, however, took the missive as a sign that their platform is resonating with the business community. “Pierre Poilievre’s Canada First Economic Action Plan is being recognized as a strong plan to lower taxes and eliminate red tape to unleash our industries and bring home powerful paycheques for our people and a thriving economy," Conservative spokesman Sam Lilly said in a statement. Poilievre revealed earlier this week that his plan is designed to cut bureaucratic red tape by 25 per cent in two years through a "two-for-one" law. The law would see two regulations be repealed for every new one that's enacted and require that every dollar spent on new administrative costs trigger the cutting of two dollars in other areas. Meanwhile, Carney has said he will boost interprovincial trade by removing all exemptions under the Canadian Free Trade Agreement, develop a new fund to help link natural resource extraction sites with rail lines and roads and create new programs geared toward training workers. NDP Leader Jagmeet Singh said it was "no surprise" some business leaders are backing Poilievre and Carney because they're giving a tax break to the ultra-wealthy," rather than focusing on "what people actually need—health care, housing, and support when they lose a job." "Canadians are working hard but falling behind," Singh said in a statement. "Wages aren’t keeping up, housing is out of reach, and public services are stretched. The economy isn’t working for most people." This report by The Canadian Press was first published April 12, 2025. Tara Deschamps, The Canadian Press

Detailed fact-check analysis of: Business leaders and ex bank heads throw support behind Poilievre A number of prominent business le...

Apr 13, 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 | TruthOrFake Blog