Business
Conservatives demand Brookfield Asset Management reveal Mark Carney’s compensation
From Conservative Party Communications
Canadians Deserve to Know How Much Carney is Being Paid
Today, Common Sense Conservative MPs Michelle Rempel Garner and Michael Barrett wrote this letter to Bruce Flatt, the CEO of Brookfield, calling on him to fully disclose Carbon Tax Carney’s compensation for his role as Chair of Brookfield Asset Management. The full text can be found below:
Dear Mr. Flatt,
We are writing with regard to the Chair of Brookfield Asset Management, Mark Carney, who has acted in a senior leadership position for your company for some time now.
During the same time period, Mr. Carney has been advising Prime Minister Justin Trudeau’s government, and advocating for policies that have arguably wreaked havoc on Canada’s economy, like the carbon tax.
After nine years of this NDP-Liberal Government, which by their own very public admissions have relied on Mark Carney for advice, Canadians are witnessing the worst decline in living standards in forty years. The cost of housing has doubled, and record numbers of Canadians are having to depend on food banks to survive.
Since August 2020, Mr. Carney has helped the NDP-Liberal Government hike its carbon tax on the backs of working Canadians, even endorsing it in his book, saying “One of the most important initiatives is carbon pricing…The Canadian federal carbon pricing framework is a model for others.” And since September 2024, when Trudeau appointed Carney as the Liberal Party’s Chair of the Leader’s Taskforce on Economic Growth, he would have had input into the most recent Fall Economic Statement which plunged Canada into a $62 billion deficit, blowing past the NDP-Liberal Government’s own fiscal guardrails.
And all the while Carney was advising the Liberals to continue carrying out their agenda of economic vandalism, he remained the Chair of Brookfield Asset Management, posing grave ethical questions that could have real-life consequences for millions of Canadians.
For instance, just a few days after his official appointment as Chair of the Leader’s Taskforce on Economic Growth, The Logic reported that Brookfield Asset Management has been actively lobbying the same federal Liberal government he’s been advising for $10 billion from the Canadian taxpayer. And Mr. Carney has strongly advocated for policies that would destroy Canada’s oil and gas sector, while at the same time your company invested in oil companies in Brazil and the United Arab Emirates.
There are many other instances of questionable policy decisions the NDP-Liberal Government has made while Mark Carney was both advising them and acting as the Chair of Brookfield Asset Management – decisions that potentially could have resulted in Mr. Carney’s personal gain.
While we have written to the Federal Lobbying Commissioner to examine whether this arrangement broke any lobbying rules, that investigation may not shed public light on whether Mr. Carney was personally motivated by the structure of his compensation model with your company to advocate for certain policies in his senior advisory capacity with Justin Trudeau’s Liberal government.
Executive compensation for a Chair at a company the size of Brookfield can include salary, performance bonuses, stock options, lucrative expense accounts and more. Since Mr. Carney has a direct, senior, advisory line into Justin Trudeau’s government, and since your company has many interests which involve the type of policy on which Mr. Carney was advising the government, revealing the full scope of Mr. Carney’s compensation package to the public is essential to understanding what impact his access into the federal Liberal government had on his personal fortunes, if any.
For this reason, you must disclose Carney’s compensation structure with Brookfield Asset Management. This is especially important as Carney is now mounting a leadership campaign – with the help of members of Justin Trudeau’s inner circle – that could see him become the leader of the Liberal Party of Canada and the Prime Minister of this country, with even more power and more access.
It is vitally important for Canadians to know whether or not Mr. Carney’s compensation with Brookfield could increase if the Liberals implement his policy ideas. While food banks report over two million visits in a single month, Canadians have a right to know the fine details about the impact of insider access on their lives.
You must be transparent with Canadians on this matter. The stakes could not be higher.
Business
Google Rejects Eurocrats’ Push For More Censorship
From the Daily Caller News Foundation
By Ireland Owens
Google soundly rejected the European Union’s push for the platform to censor content Thursday, declaring that it would not implement so-called “fact-checks.”
The tech giant told the EU that it would not incorporate fact checks into its search results and YouTube videos, Axios first reported. Google’s President of Global Affairs Kent Walker wrote a letter to Renate Nikolay, deputy director-general for Communications Networks, Content and Technology at the European Commission, stating the fact-checking required by the law “simply isn’t appropriate or effective for our services.”
The European Commission’s Code of Practice on Disinformation, which was introduced in 2022, would require Google to incorporate fact-check results alongside its search results and YouTube videos and would also require it to incorporate fact-checking into its ranking systems and algorithms, Axios reported.
Axios’ report comes after Meta CEO Mark Zuckerberg announced on Jan. 7 that his company was ending its third-party fact-checking program in favor of implementing community notes. Meta’s announcement states that Meta’s platforms are “built to be places where people can express themselves freely.” Zuckerberg said that his company’s approach to content moderation often resulted in “censorship,” NPR reported.
Zuckerberg recently criticized the European Union’s data laws as “censoring” social media. The EU has rejected his claims as “misleading.”
Some people have criticized some major tech companies, claiming that they have censored conservative speech. Missouri Attorney General Andrew Bailey announced in October the launch of an investigation into Google for allegedly censoring conservatives.
Zuckerberg criticized Biden officials for pushing Meta to remove content that the Biden-Harris administration alleged to be disinformation during a recent appearance on the “Joe Rogan Experience” podcast.
President-elect Donald Trump has pledged to combat social media censorship.
In December, Trump announced that he was nominating Andrew Ferguson to lead the Federal Trade Commission, stating that Ferguson “has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country.”
Minnesota Republican Rep. Tom Emmer said in a post on X that Google’s decision was a “step in the right direction,” adding “Kudos to @Google.”
A source with knowledge of the matter confirmed to the Daily Caller News Foundation that the content of Google’s letter as reported by Axios was accurate.
Business
Report: Chinese government considering sale of TikTok to Elon Musk, possible X merger
From LifeSiteNews
“A potential high-profile deal with one of (returning President Donald) Trump’s closest allies holds some appeal for the Chinese government, which is expected to have some say over whether TikTok is ultimately sold”
Chinese government officials are considering the possibility of allowing TikTok to be sold to X owner Elon Musk ahead of a deadline to sever the social video platform from its Chinese government-linked ownership, according to a report published Monday by Bloomberg.
Last April, a law signed by President Joe Biden and supported by many in both parties, required TikTok to be sold by January 19 or shut down due to Chinese parent company ByteDance’s links to the ruling Chinese Communist Party (CCP) and its military and surveillance operations, sparking national security concerns over the Chinese regime’s access to the personal data of TikTok’s American users.
ByteDance challenged the law, but last week, the U.S. Supreme Court signaled in oral arguments that it would not block the law, although no ruling has yet been issued, with the deadline for divestment just days away.
On Monday, Bloomberg reported that “people familiar with the matter” said several options are now being considered on a preliminary basis, one of which would involve Musk purchasing TikTok and possibly merging it with X. That could drastically grow the latter platform’s user base and give Musk vast troves of data with which to improve his artificial intelligence project xAI.
“A potential high-profile deal with one of (returning President Donald) Trump’s closest allies holds some appeal for the Chinese government, which is expected to have some say over whether TikTok is ultimately sold,” according to the report. Musk vocally and financially supported Trump in the 2024 election and will be advising the new administration on spending cuts.
Musk, who opposed banning TikTok, has not commented on the report. ByteDance dismissed it as “pure fiction,” but Bloomberg said that “It’s not clear how much ByteDance knows about the Chinese government discussions.”
While at first glance it appears unlikely that the Chinese government would be willing to give a new owner outside its control the opportunity to examine TikTok’s collection and sharing of user data, the report suggests the regime may see it as a “potential area for reconciliation” ahead of negotiations with the Trump administration over issues such as trade and tariffs.
American politicians on both sides have inconsistent records on support for the video app. Last February, Biden’s reelection campaign joined the app despite his own administration labeling it a national security threat. White House National Security Council spokesman John Kirby admitted at the time that “there are still national security concerns about the use of TikTok on government devices and there’s been no change to our policy not to allow that,” but declined to comment on the propriety of his boss using the app.
In the final year of Trump’s first term, meanwhile, he levied sanctions against TikTok and supported banning it as well, but during his 2024 campaign reversed his position days after meeting with GOP megadonor and TikTok shareholder Jeff Yass. In December, Trump asked the Supreme Court to delay the divestment deadline until after he took office, arguing that he “alone possesses the consummate dealmaking expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the government.”
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