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Investments, blind trusts, TFSAs: what do they mean for this election? [Video]

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Canadian National News

Let’s talk about money. Like it has in many past elections, money and the economy have become a focal point. And party leaders are facing scrutiny when it comes to their own portfolios business dealings past or present. 

Many readers have asked CBC for more clarity on the different financial terms leaders have argued over — from investments, to assets, tax cuts, tax havens and blind trusts.

Liberal Leader Mark Carney has gotten a lot of questions about his assets and investments. Think stocks, mutual funds, real estate and businesses, basically whatever he either owns or has put money into with the intention of making more money.

Ahead of calling the election, Carney announced he had placed all of his assets other than cash and real estate into a blind trust.

Carney has also faced questions about reports that two investment funds he co-chaired while at Brookfield Asset Management were registered in Bermuda, a tax haven that benefits investors by avoiding some Canadian taxes, according to information obtained by Radio-Canada.

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