And we want you to fuck off, PP.
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And I want PP to fuck off, but sadly he doesn't seem like he's gonna stop suckling at the taxpayers' teat anytime soon.
Edit: a typo
Why is this guy still around?
Guy living in the government funded house for the leader of the official opposition, even though he is not the leader of the official opposition, suggests the PM isn't being ethical.
Polievre still doesn't understand how a blind trust works eh?
He understands it perfectly well, but he knows a large chunk of his base doesn't
Rather than having a fire sale (selling all investments, which implies in the short term), the trustee sells and buys investments as he sees fit without consulting the owner. It's just Poilievre adding a step that seems obvious to the ignorant and harms the person he's attacking.
I don't know how Carney was managing his investments previously, and switching to a different fund has the same issues I raised before, but ask yourself this question. How is this more relevant for Carney than all the other politicians, and why are these demands being made of only him? I'm don't have a problem with limits on how politicians invest, but I expect the investment advantages are similar for most politicians at a given level of politics, especially for the senior politicians. So why is Poilievre banging on this drum, and not broader anti-corruption measures?
So we should stop having politicians from having investments in housing, right?
Well, there's nothing stopping Poilievre and his wife from selling the rental properties they own, which should help remove some conflict of interest they may have in this issue which is so important to many Canadians, and he doesn't even have to get the approval of anyone but his wife to make it happen (and that only for one of them).
I don't like that I agree with Poilievre here.
But it's unclear what the vesting schedule for Carney's Brookfield stock options is. Meaning that whoever is administering the 'blind' trust may not even have the ability to decide whether to exercise those options while Carney is in office.
I can't see how that's not a problem tbh
Edit: if you're gonna downvote this, then go ahead and tell everyone what a vesting schedule is, and what the vesting schedule for Carney's stock options is. I'll wait.
Carney could, for instance, sign away any future claim to them.
At the very least, Canadians deserve to know what the vesting schedule is. But he's a rich man already. If he was really in politics for the greater good (doubtful!), and if he cared about not having conflicts of interest or even appearing not to (also doubtful!), then he'd have zero qualms about giving up these Brookfield options.
Instead, he gets mad at anyone who questions the arrangement, and continues to push projects in sectors that Brookfield is heavily invested in.
google is free
And that's exactly my point. So go on, answer the question please?
go use google is the answer...
Carney was kind enough to let you squat in Stornoway, Pierre. Pretty ungrateful.
Just put the fries in the bag, Peter Polliver. Oh wait, your non-existent skill-set makes you ineligible for even that sort of job.
It is a blind trust fuckwit.... What is wrong with you... Just go away loser...
Fine by me. Most of the policies Carney proposed will support big companies and people with stocks.
If Carney sells his stocks and doesn't have investments he'll be like a significant proportion of Canadians.
Join us, rich boy.
(And Poilievre can sell his ten rental properties and donate his parliamentary pension to cats or something)
The problem is, his stock options may not have vested, and Carney would be aware of the vesting schedule. It could be years before he (or whoever is managing the trust) could exercise those options and/or sell those shares.
In other words, the trust may not be 'blind' in practice.
This was the original criticism from reporters such as Rosie Barton, and many of Carney's supporters never bothered to try to understand the issue.
And when will that be? Will that happen while he is PM? Carney knows, and we don't. And that's the problem!
So why doesn't Carney disclose this? Do you agree he should?
Personally I've not heard of a PM having millions in unvested stock options before this one, so, not sure how standard it is.
If Poilievre was doing the same, would you have the same response?
We don't have a clear legal mechanism, but we to have the power of public outrage.
The whole point of conflict of interest legislation is that politicians should not have, nor be seen to have, opportunity for personal gain.
Carney could easily clear this up to satisfy critics like myself. Choosing not to only makes it look worse, frankly.
People mad about Poilievre not having a security clearance should also be mad about this.
If this were simply a ploy to manufacture outrage, then Carney's best move would be to neutralize that ploy, or 'distraction', by calling people's bluff and actually being transparent.
Instead, he got angry at reporters for asking him about it, and denied that there could be any possible conflict.
Meanwhile he continues to pitch projects in sectors that Brookfield has tens of billions invested in.
I mean, he didn't have to run for the Liberal leadership on the first place. I heard one commentator describe it as the 'opportunity cost' of running for PM.
Am I surprised that someone who sets up funds in the Caymans is trying to use the letter of the rules as a get out of jail free card? No.
But he must have known it would look terrible. If all this was a surprise to Carney, then we should be very worried about his ability to govern this country.
He should waive his right to exercise those stock options. Or step down if he values the money more.
This is why a PM gets a good salary and pension: they're giving up things to be in a position of immense power. That's the trade.
Lol I figured you'd say that.
Why is it "crazy" to want to ensure the leader of a country doesn't have multi-million dollar conflicts of interest?
Sorry, but I don't think we should be casual about this stuff. He's making decisions that affect 40 million people.
If Carney doesn't want to be PM then he can step down. If he does, then he has to accept limitations on what counts as a "blind" trust.
I don't think this is unreasonable in the slightest.
You mentioned precedent before.
What precedent would it set if someone could work for a company, be handed millions in stock options, and then run for office with the secret but explicit understanding that the stock options were arranged as a way to incentivize certain policy positions?
I wouldn't be totally opposed to what you're suggesting, but as you say, there's no mechanism for doing it.
So, too bad for Carney, he should have thought of this before he agreed to be paid in stock options and then run for PM. This is his own mess!
And frankly I'm kind of shocked that anyone is defending a multimillionaire who's doing something so brazenly counter to the spirit of our ethics rules.
Well, I'd expect it from Trump or Poilievre supporters, sure.
If he cashes out of his investments, then what does PP expect him to do, hold a massive cash position, and eat inflation?
He's already holding his investments in a blind trust. If he CASHED out his blind trust, then what is he supposed to do?
And why would the chosen investment strategy be any different from what he already had....? Like, whoever he chooses to manage the trust is going to be aligned with whatever Carney's preferred investment strategy is... and if that hasn't changed, the portfolio is going to look quite similar. Adding an extra step where you cash out and buy back similar assets... it's silly.
Basically yeah, or Carney gives it all away and pp cries bRibEs!!!1!
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