Carney’s Brookfield had another $5B stashed in the Cayman Islands

Carney is facing scrutiny over his past role at Brookfield Asset Management, following revelations that a third multi-billion dollar fund under his leadership was registered in an offshore tax haven.

Source: Wikimedia Commons

Liberal Leader Mark Carney is once again facing scrutiny over his past role at Brookfield Asset Management, following new revelations that a third multi-billion dollar investment fund under his leadership was registered in an offshore tax haven—this time in the Cayman Islands.

Records obtained by Radio-Canada confirm that Brookfield’s $5-billion Catalytic Transition Fund was incorporated in the Cayman Islands during Carney’s tenure at the firm from 2020 to 2025