Canada / Petitions

e-7377 · Parliament 45

Divest U.S.-based holdings

AI summary

Petitioners ask the Prime Minister to instruct the trustee of his blind trust to divest all United States–based holdings and reinvest the proceeds entirely into companies headquartered in Canada.

AI summaries describe petitioners’ requests and claims. Consult the official record for the full text.

Official petition

Petition to the Prime Minister Prime Minister Mark Carney recently stated in a public address to Canadians that the country's economic ties to the United States have become "weaknesses that we must correct" and emphasized the need to build a stronger, independent Canadian economy through domestic investment; Public disclosures indicate that approximately 91% of the Prime Minister's stock holdings are headquartered in the United States, and he reportedly retains significant financial interests tied to Brookfield Asset Management, a firm he previously chaired that recently relocated its head office from Toronto to New York City to prioritize American capital markets over Canada; and The Prime Minister is actively encouraging investment in Canada and must demonstrate absolute confidence in the domestic market to support his "Canada Strong" agenda. We, the undersigned, citizens and residents of Canada, call upon the Prime Minister to lead by example and eliminate any perception of a conflict of interest by instructing the trustee of his blind trust to completely divest his asset portfolio of all United States-based holdings, including stocks, corporate interests, and real estate properties, and to reinvest those funds entirely into Canadian companies that are based in Canada.

Government response

No government response is available yet.