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Conservatives demand Brookfield Asset Management reveal Mark Carney’s compensation

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6 minute read

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.

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Education

Schools should focus on falling math and reading grades—not environmental activism

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From the Fraser Institute

By Michael Zwaagstra

In 2019 Toronto District School Board (TDSB) trustees passed a “climate emergency” resolution and promised to develop a climate action plan. Not only does the TDSB now have an entire department in their central office focused on this goal, but it also publishes an annual climate action report.

Imagine you were to ask a random group of Canadian parents to describe the primary mission of schools. Most parents would say something along the lines of ensuring that all students learn basic academic skills such as reading, writing and mathematics.

Fewer parents are likely to say that schools should focus on reducing their environmental footprints, push students to engage in environmental activism, or lobby for Canada to meet the 2016 Paris Agreement’s emission-reduction targets.

And yet, plenty of school boards across Canada are doing exactly that. For example, the Seven Oaks School Division in Winnipeg is currently conducting a comprehensive audit of its environmental footprint and intends to develop a climate action plan to reduce its footprint. Not only does Seven Oaks have a senior administrator assigned to this responsibility, but each of its 28 schools has a designated climate action leader.

Other school boards have gone even further. In 2019 Toronto District School Board (TDSB) trustees passed a “climate emergency” resolution and promised to develop a climate action plan. Not only does the TDSB now have an entire department in their central office focused on this goal, but it also publishes an annual climate action report. The most recent report is 58 pages long and covers everything from promoting electric school buses to encouraging schools to gain EcoSchools certification.

Not to be outdone, the Vancouver School District (VSD) recently published its Environmental Sustainability Plan, which highlights the many green initiatives in its schools. This plan states that the VSD should be the “greenest, most sustainable school district in North America.”

Some trustees want to go even further. Earlier this year, the British Columbia School Trustees Association released its Climate Action Working Group report that calls on all B.C. school districts to “prioritize climate change mitigation and adopt sustainable, impactful strategies.” It also says that taking climate action must be a “core part” of school board governance in every one of these districts.

Apparently, many trustees and school board administrators think that engaging in climate action is more important than providing students with a solid academic education. This is an unfortunate example of misplaced priorities.

There’s an old saying that when everything is a priority, nothing is a priority. Organizations have finite resources and can only do a limited number of things. When schools focus on carbon footprint audits, climate action plans and EcoSchools certification, they invariably spend less time on the nuts and bolts of academic instruction.

This might be less of a concern if the academic basics were already understood by students. But they aren’t. According to the most recent data from the Programme for International Student Assessment (PISA), the math skills of Ontario students declined by the equivalent of nearly two grade levels over the last 20 years while reading skills went down by about half a grade level. The downward trajectory was even sharper in B.C., with a more than two grade level decline in math skills and a full grade level decline in reading skills.

If any school board wants to declare an emergency, it should declare an academic emergency and then take concrete steps to rectify it. The core mandate of school boards must be the education of their students.

For starters, school boards should promote instructional methods that improve student academic achievement. This includes using phonics to teach reading, requiring all students to memorize basic math facts such as the times table, and encouraging teachers to immerse students in a knowledge-rich learning environment.

School boards should also crack down on student violence and enforce strict behaviour codes. Instead of kicking police officers out of schools for ideological reasons, school boards should establish productive partnerships with the police. No significant learning will take place in a school where students and teachers are unsafe.

Obviously, there’s nothing wrong with school boards ensuring that their buildings are energy efficient or teachers encouraging students to take care of the environment. The problem arises when trustees, administrators and teachers lose sight of their primary mission. In the end, schools should focus on academics, not environmental activism.

Michael Zwaagstra

Senior Fellow, Fraser Institute
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2025 Federal Election

Conservative MP Leslyn Lewis warns Canadian voters of Liberal plan to penalize religious charities

Published on

From LifeSiteNews

By Anthony Murdoch

A Liberal government plan for pro-life and religious groups to be stripped of their tax charity status is an ‘assault’ on people’s faith, MP Leslyn Lewis said.

Canadian Conservative pro-life MP Leslyn Lewis said a plan supported by Mark Carney’s Liberal government that calls for pro-life and religious groups to be stripped of their tax charity status should be an election issue as it’s an “assault” on people’s faith.

“The Liberal plan to revoke the charitable status of religious organizations is an assault on people of faith across Canada,” Lewis wrote on X last week.

Lewis linked her post to an opinion piece published in the Niagara Independent by Lee Harding with the headline “Canada’s sleeper election issue: the loss of charitable status for religious organizations.”

Harding observed that the “potential loss of charitable status for religious charities might be the biggest sleeper issue in the federal election.”

“The Liberal government proposed the change and only Conservatives opposed,” Harding said.

Lewis noted that 40 percent of the 85,600 charities in Canada are religious organizations.

“These are organizations that feed the hungry, support the elderly, rally around people in crisis, provide addiction recovery services – and this is just the tip of the iceberg,” she wrote.

“It is quite honestly disgusting that the Liberals would try to sneak in this unconscionable attack in a Finance Committee report, just before Parliament prorogued.”

She noted how a recent Cardus study shows that if these charities lose their tax status “Canadians would lose $16.5B in services.”

“Fortunately, Canadians can vote down this misguided attack on religious charities. Whether they do so is up to them.”

Last month, the Conservative Party of Canada launched a petition blasting a recent finance committee recommendation supported by Carney that calls for pro-life and religious groups to have their charity tax status revoked.

The Finance Committee’s pre-budget report proposal released in December 2024 by the all-party Finance Committee suggested that legislation is needed to strip pro-life pregnancy centers and religious groups of their charitable status.

The legislation would amend the Income Tax Act and Income Tax. Section 429 of the proposed legislation recommends the government “no longer provide charitable status to anti-abortion organizations.”

All federal parties except for the Conservatives under Pierre Poilievre support the finance report’s recommendation.

Canada’s Catholic bishops have blasted the report’s recommendations and have urged the Liberal federal government to not proceed with any legislation that would target pro-life groups of religious organizations’ charity tax status.

The good news is that in light of former Prime Minister Justin Trudeau’s shutting of Parliament in order to step down from office, already planned legislation to strip pro-life pregnancy centers of charity status is on pause, at least for now.

Despite the reality that Poilievre is also pro-abortion, the former Trudeau now Carney Liberal government has in recent months ramped up his abortion rhetoric on social media in a seeming bid to rally its base, consistently boasting about his government’s desire to make killing a child in the womb easier than ever. Trudeau also repeatedly bragged about his pro-abortion record in the House of Commons.

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