Sam Cooper

A democracy watchdog is warning that Prime Minister Mark Carney’s sprawling private investments, including substantial holdings in Brookfield as well as shares in more than 550 other companies, cause a disabling conflict of interest that cannot be solved by his so-called “ethics screen,” ultimately undermining Ottawa’s credibility and negating Carney’s capacity to confront hostile regimes, including China.

In a scathing statement this week, Democracy Watch urged Carney to fully divest his shares and stock options, arguing that Ottawa’s purported “screen” — which relies on Carney’s chosen staff to supposedly shield the prime minister from conflicted business decisions — actually “allows him to participate in, and hides his participation in, almost all decisions that affect his investments.”

“PM Carney’s so-called ‘blind’ trust isn’t blind at all,” the watchdog said. “He knows exactly what he put in, he chose his own trustee, can instruct them not to sell, and can receive updates at any time. On top of that, he owns stock options in Brookfield that he can’t sell for years, guaranteeing he stays tethered to these corporate interests.”

Democracy Watch cited the landmark 1987 Parker Commission on conflicts of interest, which concluded that top public officials must sell all investments outright and that blind trusts should be banned as ineffective “shams.”

These warnings echo The Bureau’s March 2025 pre-election investigation, which outlined in granular detail Carney’s deep entanglements with Brookfield and China.

The Bureau revealed that Brookfield, the $900 billion investment giant Carney joined in 2020, held over $3 billion in politically sensitive assets connected to Chinese state-linked real estate and energy conglomerates, as well as a significant offshore banking footprint. One of its headline deals — a $750 million stake in a Shanghai commercial property project dating back to 2013 — was tied to a Hong Kong tycoon with official links to the Chinese People’s Political Consultative Conference, a central “united front” body identified by the CIA as a tool of Beijing’s overseas influence operations.

Brookfield’s heavy exposure in Shanghai was compounded last year when, amid China’s collapsing real estate market, Carney’s company secured nearly $300 million in emergency loans from the Bank of China. As The Bureau reported, this arrangement carried echoes of Carney’s tenure as Bank of England governor, when he helped facilitate the global expansion of the Chinese financial system and lauded the internationalisation of the renminbi as “a global good.”

While Carney claims to have stepped away from operational control at Brookfield before entering politics, The Bureau’s reporting suggested that his influence over the firm’s China strategy lingered well into his leadership tenure.

Duff Conacher, co-founder of Democracy Watch, reinforced the watchdog’s position in interviews with The Bureau.

“It was very unethical for Mark Carney to hide his investments in more than 560 companies for the past four months,” Conacher said. “Unfortunately, many media outlets failed to cover the conflicts of interest, especially regarding Brookfield, and failed to point out that his so-called blind trust isn’t blind at all.”

Conacher warned that Carney’s private holdings risk tainting not just domestic policy but also Canada’s international relationships and moral authority.

“Mark Carney’s investments will affect not only his decisions about laws, policies, taxes and subsidies that affect businesses in Canada but also, given Brookfield’s business interests around the world, will also taint the Canadian government’s relationships,” Conacher said. “This will weaken the government’s actions concerning other countries, including countries like China that interfere in Canadian politics and threaten Canada’s interests in many ways.”

In yet another pre-election investigation published in February 2025, The Bureau delved into Carney’s deep political and business networks that bridge global trade interests converging around China and pro-Beijing Western business elites — networks that illustrate the same theme of ethical conflicts haunting Ottawa today.

As Canada braced for a leadership change — with Prime Minister Justin Trudeau poised to step down in February — the central question of Carney’s campaign, as The Bureau reported, was whether he would govern differently from the deeply unpopular Trudeau. That framework held until Carney’s team succeeded in shifting baby boomer voters onto a new predominant election issue: that he was the best leader to confront President Donald Trump in a trade war — a claim that, in hindsight, appears absurd to critics, given Carney’s massive personal investment interests in American companies.

Regardless, back in February, Carney’s camp insisted he was a fundamentally different figure from Trudeau.

Yet The Bureau’s closer examination of Carney’s elite network — guided by the principle that long-standing relationships of trust and shared financial interests shape governance — revealed a constellation of global influencers deeply tied to the World Economic Forum and China’s trade and finance arms, particularly the Asian Infrastructure Investment Bank (AIIB). At its core, this network of influential figures — whose stated goals center on consolidating financial power across borders to coordinate carbon-reduction policies and progressive social outcomes — included not just Carney and Trudeau but also former Canadian ambassador to China Dominic Barton, Trudeau campaign backers Mark Wiseman and Gerald Butts, and AIIB’s Jin Liqun, a senior Chinese Communist Party operative.

Carney’s influence also appeared to extend into Canada’s state broadcaster. Former Power & Politics host Evan Solomon — who in 2015 was embroiled in an art-dealing scandal involving Carney, whom he referred to as “the Guv” — later joined a consultancy with Carney’s wife and Gerald Butts. In a leaked email, cited in The Toronto Star’s 2015 art-dealing exposé, Solomon reportedly wrote: “Next year in terms of the Guv will be very interesting. He has access to the highest power network in the world.”

As it turned out, the ties between the former CBC art-dealing host and the former Bank of Canada governor stood the test of years. Solomon was ultimately chosen by Carney to run for the Liberal Party in Toronto and now serves as his Minister of Artificial Intelligence — a revealing trajectory that exemplifies the ethical ambiguity behind Carney’s deeply intertwined media, business, and political influence networks.

Fr0m LifeSiteNews

By Doug Mainwaring

‘Perjury is a crime,’ Sen. Rand Paul declared on X. ‘And Fauci must be held accountable.’

Sen. Rand Paul announced Monday that he is again pressuring the U.S. Department of Justice (DOJ) to launch a criminal probe of Dr. Anthony Fauci after The New York Times revealed his 11th-hour pardon by the Biden administration is likely invalid.

“Today, I will reissue my criminal referral of Anthony Fauci to Trump DOJ!” declared Paul, later adding, “Perjury is a crime. And Fauci must be held accountable.”

By late in the afternoon on Monday, the Kentucky senator had composed a letter to Attorney General Pam Bondi citing the times he believed Fauci had lied under oath during congressional hearings and urging the DOJ to finally investigate Fauci.

“In July 2023, I referred Dr. Anthony Fauci to the Department of Justice for lying under oath to Congress. His own emails directly contradicted his sworn testimony,” Paul wrote X.

“NYT reports Fauci was quietly pardoned by an autopen, operated by Biden’s staff. If the President didn’t authorize this pardon personally, then the Department has a duty to investigate and prosecute as it would any ordinary citizen,” Paul said.

“Fauci has been sainted by the extremist Left, but it doesn’t erase his lying before Congress,” Paul said. “I am officially re-referring Dr. Fauci to the DOJ.”

Sen. Paul concluded his letter to Bondi by explaining that his autopen pardon is now seen to be illegitimate:

On January 19, 2025, Dr. Fauci was issued a full and unconditional pardon for any offenses that he may have committed or taken part in since 2014. Dr. Fauci was included among a group of individuals granted unprecedented preemptive pardons on President Joe Biden’s final day in office. However, new information has revealed that these pardons were executed via autopen, with no documented confirmation that the President personally reviewed or approved each individual grant of clemency.

According to reports, White House staff authorized the use of the autopen to issue the clemency documents. This raises serious constitutional and legal concerns about the legitimacy of Dr. Fauci’s Pardon.

President Donald Trump told reporters on Monday that the constant reliance on the autopen by the Biden administration is “one of the biggest scandals that we’ve had in 50 to 100 years.”

“I guarantee (Biden) knew nothing about what he was signing,” Trump asserted.

“I guarantee it,” he emphasized.

Fauci’s mendacious relationship with Congress 

The senator from the Bluegrass State and Dr. Fauci have long had a combative relationship.

In 2021, Sen. Paul alleged that Fauci, who then served as director of the National Institutes of Allergy and Infectious Disease (NIAID) and as medical adviser to former President Joe Biden, “lied to Congress” when he claimed that the National Institutes of Health (NIH), of which the NIAID is a part, was not funding and had never funded “gain-of-function” research in Wuhan, China.

Then in 2023, Paul again filed a criminal referral to the DOJ against the White House COVID czar for lying to Congress about his role in subsidizing controversial gain-of-function (GOF) research that was suspected of contributing to the COVID outbreak.

“We have him dead to rights, the problem is this: we have Merrick Garland who I think is a pure rank partisan,” Paul said at the time. “I don’t think he’ll ever be prosecuted. We also have a Democrat Party that is happy to have paid him more than the president, more than any president makes and he actually got a million dollars from a private foundation while he was still a public servant. Everything about this is rotten to the core and if we don’t bring him to justice we’ll never get the control we need on this type of research to try and prevent it from happening again.”

Paul has said multiple times that Dr. Fauci should “go to prison” for lying to Congress.