Monday, December 8, 2025
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

Canada halts second tariff wave after Trump announces pause

Canada halts second tariff wave after Trump announces pause
Finance Minister Dominic LeBlanc says Canada has suspended a second wave of retaliatory tariffs after U.S. President Donald Trump signed an executive order to pause some duties.

Canada halts second tariff wave after Trump announces pause

Former Canadian Olympic athlete added to FBI's 10 most wanted fugitives list

Former Canadian Olympic athlete added to FBI's 10 most wanted fugitives list
Ryan James Wedding is wanted for allegedly leading an organized crime group that moved large shipments of cocaine from Colombia through Mexico and California to Canada and other locations in the United States.

Former Canadian Olympic athlete added to FBI's 10 most wanted fugitives list

Shots over the bow: Why provinces are using liquor leverage in trade war with U.S.

Shots over the bow: Why provinces are using liquor leverage in trade war with U.S.
What they all have in common is the "currently unavailable" designation, having been yanked from sale by British Columbia's government in retaliation for U.S. President Donald Trump's tariffs on Canadian imports. Calling time on U.S. alcohol has been a popular move among Canadian provincial and territorial governments looking for ways to fight back in the trade war. 

Shots over the bow: Why provinces are using liquor leverage in trade war with U.S.

Trudeau aiming to secure extension to 2031 for signature $10-a-day child-care program

Trudeau aiming to secure extension to 2031 for signature $10-a-day child-care program
The federal government is trying to secure extensions through to 2031 for its national $10-a-day child-care program ahead of an expected election. Prime Minister Justin Trudeau announced today that 11 provinces and territories have agreed to extend the deals that give those jurisdictions billions of dollars to cut child-care fees for families.

Trudeau aiming to secure extension to 2031 for signature $10-a-day child-care program

Truckers scramble for new routes as tariffs bring shipments to a halt

Truckers scramble for new routes as tariffs bring shipments to a halt
Trucking companies are halting shipments, mulling layoffs and scrambling for new routes as tariffs wreak havoc on cross-border trade. The lead-up to U.S. President Donald Trump's sweeping 25 per cent tariff on Canadian imports as well as retaliatory duties from Canada that took effect Tuesday prompted a surge in deliveries over the past two months as shippers raced to beat the deadline.

Truckers scramble for new routes as tariffs bring shipments to a halt

Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico

Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico
U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico — a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy — triggering a continental trade war. Here is the latest news (all times eastern):

Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico