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Fact Check: Medicare's trust fund will run out by 2033, three years earlier than expected.

Fact Check: Medicare's trust fund will run out by 2033, three years earlier than expected.

Published June 19, 2025
by TruthOrFake AI
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VERDICT
True

# Fact Check: "Medicare's trust fund will run out by 2033, three years earlier than expected." ## What We Know The claim that Medicare's trust fund w...

Fact Check: "Medicare's trust fund will run out by 2033, three years earlier than expected."

What We Know

The claim that Medicare's trust fund will run out by 2033, three years earlier than previously expected, is supported by the latest reports from the Medicare Trustees. According to the 2025 Medicare Trustees Report, the Hospital Insurance (HI) Trust Fund, which finances Medicare, is projected to deplete its reserves in 2033. This marks a shift from previous estimates, which had anticipated the fund would remain solvent until 2036. The report attributes this change to higher-than-expected expenditures and adjustments in economic assumptions.

Additionally, the Trustees Report Summary confirms that the HI Trust Fund's depletion date has indeed moved up by three years compared to last year's projections. The report states that once the fund is depleted, it will only be able to pay approximately 89% of scheduled benefits, indicating significant financial challenges ahead for the program.

Analysis

The reliability of the sources supporting this claim is high, as they are official reports from the Medicare Trustees, who are responsible for providing annual assessments of the financial status of Medicare and Social Security programs. The 2025 Medicare Trustees Report and the Trustees Report Summary are both authoritative documents that reflect the consensus of experts in the field.

The shift in the depletion date for the HI Trust Fund from 2036 to 2033 is significant and reflects a broader trend of increasing financial strain on Medicare. This change is attributed to several factors, including rising healthcare costs and demographic shifts that affect the number of beneficiaries relative to the funding available. Reports from reputable news outlets, such as Reuters and The Washington Post, corroborate these findings, indicating that the earlier depletion date is a widely recognized concern among financial analysts and policymakers.

However, it is essential to note that while the depletion date has moved up, the specifics of how benefits will be affected post-depletion remain a topic of discussion. The reports indicate that while the fund will be depleted, there will still be some income available to cover a portion of the benefits, albeit at a reduced rate.

Conclusion

The claim that Medicare's trust fund will run out by 2033, three years earlier than expected, is True. This conclusion is based on the latest findings from the Medicare Trustees, which indicate a significant shift in the projected financial status of the HI Trust Fund. The evidence from the Trustees' reports and corroborating news sources confirms the accuracy of this claim.

Sources

  1. Trustees Report Summary
  2. 2025 Medicare Trustees Report
  3. Medicare and Social Security go-broke dates pushed up
  4. US Social Security, Medicare to run short of funds in 2033, ...
  5. Social Security fund could run dry ahead of earlier forecast, ...
  6. Social Security Administration releases new trust fund ...
  7. Medicare and Social Security trust funds face earlier depletion dates
  8. Social Security's insolvency date is now a year earlier. ...

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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 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

Apr 13, 2025
Read more →
🔍
Mostly False

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
Read more →
🔍
Mostly False

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: Social Security trust fund may be depleted by 2033.
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Fact Check: Social Security trust fund may be depleted by 2033.

Detailed fact-check analysis of: Social Security trust fund may be depleted by 2033.

Jun 19, 2025
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