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Brookfield Asset Management Ltd
Symbol BAM
Shares Issued 443,049,121
Close 2024-12-18 C$ 77.68
Market Cap C$ 34,416,055,719
Recent Sedar Documents

Globe says Brookfield's Carney won't be joining gov't

2024-12-19 07:04 ET - In the News

The Globe and Mail reports in its Thursday edition that talks with former Bank of Canada governor Mark Carney have broken off and he's not joining the Liberal government, Finance Minister Dominic LeBlanc says. A triple-bylined item led by Stephanie Levitz says that Mr. LeBlanc, a New Brunswick MP, told Brunswick News that "Carney is not an option," and "that discussion has concluded," going on to say he has been given assurances by Prime Minister Justin Trudeau that the finance portfolio belongs to him. Mr. LeBlanc was named Finance Minister after Chrystia Freeland resigned Monday from Mr. Trudeau's cabinet. The Globe, citing three sources, reported that she decided to step down after Mr. Trudeau told her in a Zoom call on Friday that she was going to be replaced by Mr. Carney. A cabinet shuffle is still expected, however, and could come as early as Friday. Mr. Carney has held repeated talks with the Liberals about joining their ranks over the past several months. In July, Mr. Trudeau acknowledged that he had asked Mr. Carney to join the government. At that time, Mr. Carney turned down the offer but, in September, he agreed to head a Liberal Party task force on economic growth, seen by many as a rebuke of Ms. Freeland.

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