What does Mark Carney’s investment portfolio mean for Canadians? Ethics screen raises questions
A statement published by the Ethics Commissioner’s Office on Friday, July 11, summarizes the screen that prevents Carney from any official participation about Brookfield Asset Management, Brookfield Corporation and Stripe Inc. Companies where Carney worked or kept financial interests before starting in March.
The screen will be directed by Carney’s Chief of General Staff Marc-Anté Blanchard and Canada’s best officer Michael Sabia. According to the statement, Carney will be sure that in the decisions containing these companies, they are not “aware and did not participate”.
“This screen will prevent me from giving preferential treatment to any of the companies when using my picture powers, Car Carney said.
If a wider industrial group or general policy is part of it, but especially if they are not targeted, they are allowed to participate in discussions affecting these companies.
Carney also placed all his investments in a blind confidence before becoming a step that goes beyond the requirement of the law. A spokesman from the Prime Ministry said that all investment decisions are now taken independently. Conservatives argue that Carney should explain their existence when they start the leadership offer in January instead of waiting for 120 -day legal deadline. During the campaign, they accused of hiding potential conflicts. The ethical explanation reveals Carney’s stock options and postponed shares in Brookfield, and the shares of Strip. In addition, Tesla has invested in more than 560 companies through a third -party account, including large names such as Alphabet (Google), Lockheed Martin and Canada natural resources.
The value of these beings was not publicly explained.
Screen participation can limit, but still questions about how close it is to the strong companies he once worked for.
