WATCH NOW: Mark Carney’s housing scheme could make Brookfield BILLIONS
In Part 3 of our Carney Lies series, Candice Malcolm reveals how Mark Carney’s involvement in Canada’s "most ambitious housing plan" could personally earn him millions, or even billions.
Earlier this week, Liberal leader Mark Carney introduced what the Liberals and Liberal media called “the most ambitious housing plan in Canada since the second world war.”
Ambitious. That’s one way of putting it.
Many conservatives rightly criticized this program as being “soviet-style” or flat out communism.
That is, after all, what you call a system where the government owns the means of production.
So, rather than having Canadian businesses, entrepreneurs and homebuilders managing and building new homes, Carney wants government bureaucrats to do it.
But these criticisms miss a deeper, far more concerning problem.
Yes, Carney’s announcement seems like a silly leftist scheme and classic top-down, rule-by-experts, big government solution.
But when we dig into the details, this isn’t just another leftist gimmick. Juno News has found a worrying connection: Mark Carney could personally make millions or maybe even billions of dollars from this housing scheme.
Let’s dig into the details of the housing plan:
They want to build 500,000 new housing units per year
Create a new government agency called Build Canada Homes (BCH), which will be a public-private partnership – that’s an important detail
Act as a developer to build affordable housing at scale, including on public lands
Provide over $25 billion in financing to build prefabricated home in Canada
Another $10 billion in low-cost financing and capital to affordable home builders
$1 billion in equity financing to innovative Canadian prefabricated home builders
So, government bureaucrats will manage the project, but private interests will build it. The scheme will give $25 billion in loans, another $10 billion in more low interest loans and capital – the distribution of which is not stated, plus $1 billion in “equity financing” which basically means free handouts to developers.
And here’s where we get to the most alarming part.
When we look at the full report from the Liberal website, it’s very clear from this document that Mark Carney’s plan is to build RENTAL units.
A key plank of this proposal is to: “reintroducing a tax incentive which, when originally introduced in the 1970s, spurred tens of thousands of rental housing across the country.”
Here are the details from the longer report:
The background documents uses the word rental four times, but does not once mention home ownership.
Toronto housing expert Ron Butler pointed out this disturbing detail on social media.
Here is what he wrote on X
So did I. It doesn’t say home ownership, but it does say rental units several times.
The goal of Carney’s housing scheme is not for Canadians to own homes. The plan is to build homes for Canadians to rent.
Remember the World Economic Fund goal for the future: Own nothing and be happy?
Perhaps that is Mark Carney’s goal for Canada. We own nothing, he and his friends control everything.
So, according to this plan, who is going to own these homes? And who will our new landlord be?
Could it be Mark Carney’s former company, Brookfield Asset Management, the one he moved its HQ from Toronto to New York City to appease Donald Trump?
Well, Brookfield does have a property leasing division that operates in Canada.
Brookfield Properties, a subsidiary of Brookfield Property Partners (itself under Brookfield Asset Management) manages a diverse portfolio that includes office, retail, logistics, hospitality, and multi-family residential properties.
Their multi-family residential focus involves owning, developing, and leasing apartment buildings, condominiums, and similar units, primarily in high-demand urban markets across North America. They manage over 42,000 multifamily units worldwide, with over 9,000 units in development.
In Canada, Brookfield Properties operates multi-family rentals in cities like Toronto and Vancouver.
In the U.S., Brookfield Properties manages over 100 residential communities across 21 states.
Unlike Brookfield Residential, Brookfield Residential focuses on land development and homebuilding, where they design, construct, and sell single-family homes, townhomes, and multi-family units (like condos or apartments) to buyers or investors.
As of their 2023 Annual Report, Brookfield Residential reported controlling approximately 74,000 single-family lots across the U.S. and Canada, with total assets valued at $5.2 billion USD
Earlier this year, Brookfield acquired 2,165 apartments in San Francisco, making it the city's largest landlord.
So, is that their plan for Canadian cities too? To become our largest landlord?
Brookfield is already in the business of being a landlord, so it isn’t a stretch to assume they would be awarded part or all of this new housing deal.
So, is the plan for Brookfield to get the contract, to build and own these homes, with subsidies to the tune of $36 billion from Canadian taxpayers?
How much of a return on investment would that give to Carney and his wealthy banking buddies?
Why isn’t the media asking these questions or connecting these dots?
And herein lies the real problem with Mark Carney.
Usually, in Parliamentary democracy, citizens have multiple opportunities to get to know a candidate, to vet their record and scrutinize their character.
Typically in Canada, this is done multiple times before someone becomes Prime Minister – first, by local party members when someone runs for the party’s nomination.
Then, by the general public when that person runs to be a Member of Parliament.
Then again, when that person runs to become party leader – typically after years of service and representing constituents as an MP.
But Mark Carney skipped all those steps. Rather than serving as an elected official in Canada, he was appointed as a central banker, worked for the World Economic Forum, the United Nations, Goldman Sachs and Brookfield – serving internationalist interests and globalist financiers.
Carney was selected in a backroom deal. Liberal officials disqualified any candidate that stood in his way. We were told there were more than 400,000 qualified Liberal voters, but inexplicably, only 150,000 votes were counted.
Typically this vetting process would also uncover a person’s assets and financial interests. Just how rich is Mark Carney, how did he make his money and where is his money invested? How many shares does he own in Brookfield and how much does he stand to make should Brookfield be given this housing deal?
We don’t know, and perhaps we’ll never know.
So, is Mark Carney’s plan to push a globalist agenda onto Canada, capping our energy, forcing a green revolution, further impoverishing Canadians while making millions or billions through his Brookfield assets?
These are questions that Canadians deserve to know.
Please share this article so that more Canadians can learn the truth.
For Juno News, I’m Candice Malcolm. Thank you and God bless.
Did we not know Carney was in Canada,to make money for himself and his Wealthy friends.Canadians open up your eyes.Carney has his own Plan
So, does the slime drip from the liberal party membership to the leader or vice versa?