Prime Minister Mark Carney has taken proactive steps to avoid conflicts of interest related to his previous roles in the private sector, according to a newly released ethics disclosure. The document, filed with the Office of the Conflict of Interest and Ethics Commissioner, outlines a conflict of interest screen that will be jointly managed by Carney’s chief of staff and Canada’s top public servant.
Carney, who assumed office in March 2025, was required by law to declare all assets and potential conflicts upon becoming prime minister. The filing confirms that he has placed his financial assets, including stocks, into a blind trust as part of his compliance with federal ethics rules.
Specifically, the ethics screen bars Carney from participating in decisions that could benefit Brookfield Asset Management, Brookfield Corporation, and Stripe — companies in which he held interests prior to the establishment of the trust. These measures are meant to ensure that government decisions remain free from any undue influence linked to Carney’s past affiliations.
A spokesperson from the Prime Minister’s Office said Carney voluntarily put the screen in place as a safeguard to maintain public trust and uphold high ethical standards. “The prime minister has taken this step to proactively address any perception of conflict and reinforce his commitment to transparency and good governance,” the spokesperson said.
The screen will be overseen to ensure the prime minister recuses himself from any discussions, decisions, or briefings that could intersect with his previous business associations.