Brookfield’s Deep Ties to Chinese Land, Loans, and Green Deals—And a Real Estate Tycoon With CCP Links
Raise Questions as Carney Takes Over from Trudeau
OTTAWA, Canada — A review of corporate
documents reveals that Brookfield—the influential $900 billion Canadian
investment fund from which Liberal Prime Minister-to-be Mark Carney
stepped away from in order to replace Justin Trudeau as Canada’s
leader—maintains over $3 billion in politically sensitive investments
with Chinese state-linked real estate and energy companies, along with a
substantial offshore banking presence. One of its major real estate
ventures, a $750 million entry into high-end Shanghai commercial
property in 2013, involved a Hong Kong tycoon affiliated with the
Chinese People’s Political Consultative Conference (CPPCC)—which the CIA
labels a central “united front” entity of Beijing. ---More...