Brookfield’s Deep Ties to Chinese Land, Loans, and Green Deals—A Real Estate Tycoon With CCP Links—Raise Questions as Carney Takes Over from Trudeau

Brookfield Bet Billions on Shanghai Land as China’s Market Peaked and Secured $276 Million Bank of China Refinancing Under Mark Carney as Market Crashed


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...

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