Tuesday, February 3, 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

Joly says Canadians interested in 'being involved' in Ukraine's security after war

Joly says Canadians interested in 'being involved' in Ukraine's security after war
Foreign Affairs Minister Mélanie Joly says she wants Canadians to play a role in keeping the peace in Ukraine after Russia's war ends. U.S. President Donald Trump has pledged to hold talks with Russian officials on how to end the war, which started with Moscow's 2014 invasion and escalated to a full-scale war almost three years ago.

Joly says Canadians interested in 'being involved' in Ukraine's security after war

Singh says pipelines would not be first priority for NDP energy policy

Singh says pipelines would not be first priority for NDP energy policy
NDP Leader Jagmeet Singh says he sees an east-west clean electricity corridor as his first priority for expanding the Canadian energy market — not new pipelines. While Singh isn't shutting the door entirely to pipelines, he says pipeline projects must be accepted by the communities through which they're routed, must not hurt the environment, must provide good jobs and must meet Indigenous consultation requirements.

Singh says pipelines would not be first priority for NDP energy policy

Mark Carney trouncing Liberal leadership rivals at fundraising

Mark Carney trouncing Liberal leadership rivals at fundraising
Former central banker Mark Carney is dominating the fundraising field in the race for the federal Liberal leadership. And his main rival appears to be trailing at the back of the pack. Financial data published by Elections Canada shows Carney raised $1.9 million for his leadership bid — more than eight times the sum collected by his nearest fundraising competitor.

Mark Carney trouncing Liberal leadership rivals at fundraising

Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%

Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada's annual inflation rate ticked back up in January. Statistics Canada's consumer price index on Tuesday reported the annual inflation rate rose to 1.9 per cent last month, up from 1.8 per cent in December, as the effects from a full month of the federal government's GST break were offset by higher fuel costs.

Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%

Most passengers injured in Pearson airport plane crash released from hospital: Delta

Most passengers injured in Pearson airport plane crash released from hospital: Delta
Delta Air Lines says all but two passengers injured Monday when a plane crashed and flipped on the tarmac at Toronto's Pearson airport have been released from hospitals as of this morning. Delta says in a social media post that 19 out of 21 passengers initially taken to Toronto-area hospitals have since been released as the investigation into the cause of the crash continues. 

Most passengers injured in Pearson airport plane crash released from hospital: Delta

B.C. Labour Relations Board finds Starbucks made threats against pro-union employee

B.C. Labour Relations Board finds Starbucks made threats against pro-union employee
The B.C. Labour Relations Board has found Starbucks wrongfully made "threats of adverse consequences" against an employee for her unionization activity, but found the company had a "legitimate business reason" to close down its only unionized location in Vancouver. 

B.C. Labour Relations Board finds Starbucks made threats against pro-union employee