Tracking down Mark Carney's hidden billions in Bermuda
Mark Carney's Bermuda tax dodge betrays Canadian trust, exposes elite hypocrisy and erodes public faith in leadership.
Tonight, on The Ezra Levant Show: Ezra embarked on a whirlwind journey to Bermuda to investigate financial dealings linked to Mark Carney, and his former company, Brookfield Asset Management. The Atlantic island, a renowned tax haven, hosts billions in Brookfield funds, including $25 billion in environmental projects Carney personally managed.
Brookfield maintains it complies with all laws, as stated in a response from spokesperson Simon Mayne, who argued offshore entities prevent “double taxation.” However, the Canada Revenue Agency (CRA) is suing Brookfield, alleging illegal tax evasion. Even if legal, the ethics of hiding billions in Bermuda — far from Canada’s tax system — are questionable. Carney’s claim that funds “flow through” to Canadian entities for taxation seems dubious when his companies, including solar and wind ventures, operate globally but register in Bermuda for secrecy.
Carney’s personal stake in Brookfield — $6.8 million in unexercised stock options — further complicates his role as Prime Minister. Setting tax policy while tied to a company accused of dodging Canadian taxes raises conflict-of-interest concerns, especially as Brookfield seeks government contracts. When the CBC questioned Carney about his assets, he deflected sharply, telling the reporter to “look within herself.” His globalist credentials, including three passports and World Economic Forum ties, fuel perceptions of an elite disconnected from Canadian priorities.
Local Bermudians were unsurprised by the findings. Notably, no other journalists had investigated 73 Front Street, possibly due to Carney’s influence, including a reported $150 million campaign contribution to the CBC. Carney’s Bermuda strategy appears less about efficiency and more about privilege. While advocating for net-zero policies and carbon taxes, he shields his wealth from the burdens imposed on Canadians.

COMMENTS
-
Patricia Webster commented 2025-05-09 21:42:36 -0400 FlagMany Canadians have used offshore accounts for financial reasons. I highly doubt that Prime Minister Carney broke any laws. Plus all this fanning the flames about Brookfield, his company, going to the states typically inspires an OMYGOSH is this really true, from naive Canadians. No, I don’t think going to Bermuda is such a noble task. It’s part of destroying any hope that may be left among our population in Canada. Why? Because people who are discouraged find life very hard and tend to cotton on to any and all criticism. PM Mark Carney was born in Canada, do you really think he wants to see its demise? Getting tired of the negativity that flourishes in the alt media now.
-
Lillian Kelly commented 2025-05-08 21:40:52 -0400 FlagWhat about the offices that Brookfield got from the TRump family? I read this online. Is this true?
-
al jenkins commented 2025-05-08 21:34:42 -0400 FlagEXCELLENT JOURNALISM, ezra – flying to Bermuda on a shoe-string budget ($1,000 night hotel rooms not for u & camera man) is the modus operandi of Committed Journalism. . . . . Professional Grifter Politicians are caught flat-footed when citizen-journalists not subject to ‘perks & flattery’ ask the blunt & serious questions about job performance/behavior. . . . AND, sir, u’ve got style – kudos rebnews, ezra
-
Bruce Atchison commented 2025-05-08 20:58:53 -0400 FlagEzra does the sort of journalism which legacy media used to do. Now they propagandize us and wonder why nobody cares about their blarney. And what a cringy video Mark Carney’s team put out. Sheila Gunn Reid should put that on the Daily Cringe segment of the Rebel Roundup.