Conservatives say Carney is lying about his role moving investment firm’s office to U.S. [Video]

Liberal leadership contender Mark Carney helped steer two G7 economies through turbulent times and his track record as a central banker earned him praise and offers to serve on the board of directors of some prominent businesses, non-profits and philanthropic organizations, including one of Canada’s largest publicly traded companies, Brookfield Asset Management (BAM).

Now, the Liberal leadership front-runner is facing scrutiny for some of the decisions taken by BAM during his time as board chairman — including one to move the company’s head office from Toronto to the U.S.

Carney downplayed his role in that decision at a news conference on Tuesday night after the Liberal leadership debate, saying it was a decision formally made by the board after he left the company in January.

But company documents show the board approved the move in October 2024, and the decision was affirmed by shareholders at a meeting late last month.

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