Tuesday, February 17, 2026
ADVT 
National

Incoming prime minister Mark Carney says he has put his assets in a blind trust

Darpan News Desk IANS, 11 Mar, 2025 09:48 AM
  • Incoming prime minister Mark Carney says he has put his assets in a blind trust

Mark Carney's leadership campaign says he has given a "full and robust conflict of interest management plan" to the country's ethics commissioner.

In a media statement, the campaign says that as part of that plan, Carney has divested all of his assets other than personal real estate into a blind trust.

The campaign spokesperson says this happened four months before it was required by law.

Carney will become subject to Canada's conflict of interest laws once he's sworn in as prime minister, giving him a 60-day window to disclose financial information to the ethics commissioner.

Within 120 days of taking office, a cabinet minister or parliamentary secretary must divest controlled assets by selling them at arm's length or putting them in a blind trust.

The Conservatives have taken aim at Carney over his assets in recent weeks, calling him "sneaky" and claiming he was exploiting a loophole in the laws by not disclosing his assets as soon as he became a candidate for the Liberal leadership.

MORE National ARTICLES

Green Party's Elizabeth May reflects on unprecedented week in Canadian politics

Green Party's Elizabeth May reflects on unprecedented week in Canadian politics
In a year-end interview with The Canadian Press, May — now in her 13th year as the B.C. MP for Saanich—Gulf Islands — spoke about the bombshell events on Parliament Hill, the parliamentary stalemate that has paralyzed the House of Commons for months and her thoughts on the fate of Prime Minister Justin Trudeau's Liberal leadership.

Green Party's Elizabeth May reflects on unprecedented week in Canadian politics

Ontario asks Canada's highest court to hear youth-led climate case

Ontario asks Canada's highest court to hear youth-led climate case
Ontario is asking the Supreme Court of Canada to urgently decide whether it will hear a historic youth-led challenge of the province's climate plan. It's the first case to be tried in Canada that considers whether a government's climate plan can violate the Charter of Rights and Freedoms.

Ontario asks Canada's highest court to hear youth-led climate case

Bank of Canada watching economy closely after half-point rate cut

Bank of Canada watching economy closely after half-point rate cut
Members considered only cutting by a quarter-point, but ultimately brought the rate down to 3.25 per cent in a bid to bring it closer to its so called neutral rate, where it is neither slowing nor speeding up economic growth.

Bank of Canada watching economy closely after half-point rate cut

Environment Canada issues blizzard warning in Yukon, gusts up to 100 km/h expected

Environment Canada issues blizzard warning in Yukon, gusts up to 100 km/h expected
Environment Canada has issued a blizzard warning for Dempster Highway near the Richardson Mountains in Yukon. The advisory warns drivers in the region that travel is "extremely hazardous" due to gusty winds with "persistent visibility near zero" due to blowing snow. 

Environment Canada issues blizzard warning in Yukon, gusts up to 100 km/h expected

Second mudslide victim's body found as more high winds strike B.C. coast

Second mudslide victim's body found as more high winds strike B.C. coast
High winds are again hitting the coast of British Columbia, as gusts surpassing 100 km/h have been reported at several outlying islands. The continuing stormy weather comes as police say emergency crews have recovered the body of a second victim killed in a mudslide in the Sea to Sky region during another windstorm last weekend.

Second mudslide victim's body found as more high winds strike B.C. coast

Trudeau to chair Canada-U.S. relations cabinet committee amid calls to resign

Trudeau to chair Canada-U.S. relations cabinet committee amid calls to resign
A mid-day adjustment to Trudeau's itinerary was issued by the Prime Minister's Office and notes he will take part in the meeting virtually, though a specific time wasn't listed.

Trudeau to chair Canada-U.S. relations cabinet committee amid calls to resign