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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 BAM's Carney ready to step in, but not now

2024-12-19 07:17 ET - In the News

The Globe and Mail reports in its Thursday edition that Prime Minister Justin Trudeau was not about to announce he was stepping down right after the release of Chrystia Freeland's earthquake resignation letter on budget-update day. The Globe's Lawrence Martin writes that would have been a clear admission she had toppled him. Regicide on the Rideau. Mr. Trudeau will wait a while, leaving the impression he might stay, much like President Joe Biden did after his catastrophic debate performance. But, like the U.S. President, Mr. Trudeau will realize -- despite his fatuous talk of Liberals just having a family spat -- that he has no choice but to vacate. Dominic LeBlanc, whom he has just appointed Finance Minister, is planning to run to head up the Liberals. He is a leading candidate, along with global finance virtuoso Mark Carney. One of Mr. Carney's organizers says that his campaign is ready to go as soon as the leadership opening arises. In a CTV poll last month, Mr. Carney led potential candidates with 18 per cent, followed by Ms. Freeland at 11. The other possible contenders were all below 5 per cent. The distinguished Mr. Carney, given his career in financial boardrooms, will have to fight off the elitist tag.

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