Carney pledges to put assets in blind trust if he becomes prime minister

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Carney pledges to put assets in blind trust if he becomes prime minister
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Liberal leadership candidate’s promise comes after weeks of criticism over refusal to disclose financial holdings until he is legally required to do so

leadership candidate Mark Carney says he’ll immediately put his assets into a blind trust if he becomes prime minister.promise comes after weeks of criticism over his refusal to disclose his financial holdings until he is legally required to do so under existing conflict of interest and ethics law.

The Conflict of Interest Act requires public office holders to either sell their assets or place them in a blind trust within 120 days of their appointment. Until then, the former governor of the Bank of Canada and the Bank of England was Brookfield Asset Management’s board chair and head of transition investing as well as chair of the board of Bloomberg LP, the media and financial data company controlled by billionaire Michael Bloomberg.

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