Brookfield Executive Questioned by MPs on Pay and Tax Issues

Brookfield COO Justin Beber testified before the House of Commons ethics committee, facing scrutiny over Prime Minister Mark Carney’s potential conflicts of interest and Brookfield’s tax practices. Beber stated that Carney severed ties with the company on January 16, 2025, and insisted there had been no communication regarding Brookfield business since then. While acknowledging Carney’s eligibility for carried interest from one fund, Beber refuted claims that he would earn substantial profits from two other funds. The committee’s discussions highlighted concerns about lawmakers’ asset management and potential conflicts of interest in the context of ongoing ethics reforms.

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