Carney’s $50B conflict of interest?
It’s budget day in Canada, and Prime Minister Mark Carney’s first budget is shaping up to be a blockbuster of spending. The government is expected to unveil a $50-billion ‘local infrastructure fund’ for hospitals, housing, and transportation projects, along with billions more for healthcare upgrades and new military equipment.But watchdogs warn the numbers don’t add up. With Canada’s national debt already near $1.3 trillion, the deficit and interest payments are set to surge — and critics question whether Carney could personally benefit from the projects through his Brookfield and other stock options, which remain active until 2033.
Duff Conacher of Democracy Watch joins Marc Patrone to explain why Canada’s ethics laws allow the Prime Minister to profit from policies he oversees — calling the blind-trust system a “sham” that hides real conflicts of interest.
Also on today’s show: questions swirl over the federal government’s $15-billion deal with Stellantis after the automaker shifted production out of Ontario, and Manitoba Premier Wab Kinew slams a Supreme Court ruling that struck down mandatory minimum sentences for child-porn offenders.
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