Is Carney ready to go big on corporate tax reform?
Ahead of the federal budget, the government is under pressure to make Canada a more competitive place for business investment – but the task is a tricky political undertaking
James Bradshaw
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Brookfield, CPPIB to launch $50-billion fund to invest in strategic sectors, sources say
The Canada Pension Plan Investment Board and Brookfield Asset Management Ltd. are jointly launching a $50-billion “Maple Fund” that will make major investments in infrastructure and key sectors in Canada, two sources said Monday. Brookfield and CPPIB will each put up as much as $25-billion over the next five years to make equity investments in sectors that Canada considers strategic...
Can Carney close? The Prime Minister's pitch to the world’s top investors will be the ultimate test
Prime Minister Mark Carney’s plan to bring the world’s most powerful investors to Toronto next week was always a gambit to ease the economic pressure from the Trump administration’s trade crusade by pitching Canada as an alternative, more reliable place to put money to work. What event planners could not have predicted is the way a feud over tariffs would...
Nobody has met with Carney about Brookfield since his resignation, COO says
No one at Brookfield Corp. has spoken with Prime Minister Mark Carney about company business since he resigned earlier this year to run for the Liberal leadership, according to chief operating officer Justin Beber. He testified at the House Ethics Committee Monday, which is studying the Conflict of Interest Act. Marc-André Blanchard, Mr. Carney’s chief of staff, and Michael Sabia...
Mark Carney’s business experience cemented his reputation for pragmatism
In the thick of the COVID-19 pandemic, Mark Carney was the chief capital wrangler for a novel product marketed by Brookfield Asset Management Ltd. BAM-T +0.95%increase In theory, his job was simple: persuade top financial executives to pour billions of dollars into a promised boom in renewable-energy and green-technology investments. In practice, it involved cajoling, hand-holding and decoding climate finance...
Pierre Poilievre’s disdain for big business is creating an uneasy relationship with corporate Canada
Mark Carney’s closer Bay Street ties could spell trouble for the Conservative leader On the 34th floor of First Canadian Place, the BMO-branded tower at the core of corporate Canada’s Bay Street hub, a distinctly downtown crowd of about 150 people gathered to get a glimpse of Pierre Poilievre. Law firm Bennett Jones hosted the fundraiser. Robert Staley – a...