Brookfield runs $50 billion businesses out of Bermuda building with bike shop « Canada’s NDP

April 2, 2025 at 3:00 am  Federal, Politics

A CTV report this morning that many of the core businesses of Brookfield Asset Management, where Mark Carney was Chair until January, have registries to 73 Front St. in Hamilton, Bermuda. The building is an oceanfront address with a bike shop that looks like this.

CTV found:

The company’s annual report for the fiscal year ending December 2024 outlines five core areas of its businesses — renewable power and transition, infrastructure, private equity, real estate and credit — along with their corresponding LPs (limited partnerships).

Four of those LPs are registered to an office in a building on Front Street, a busy, waterfront promenade in Bermuda’s capital that is lined with colourful, colonial-era buildings.

CTV reports that three of those businesses, Brookfield Renewable Partners L.P., Brookfield Infrastructure Partners L.P., and Brookfield Business Partners L.P., are worth a combined $50 billion.

Experts say Brookfield “may claim the title of Canada’s top tax dodger.” Recently, a review of their annual report found that despite reporting a billion in profits, Brookfield Asset Management paid no income tax in the last three years Carney was Chair.

View the full article from the original source

No conversations yet

Activity Stream

Fri, Jul 10, 2026 at 12:53 pm – Kamloops Film Society posted on their blog: Sensory Friendly Screenings – The Kamloops Film Society
Fri, Jul 10, 2026 at 12:13 pm – Kamloops Film Society posted on their blog: SUMMER CAMP! – The Kamloops Film Society
Thu, Jul 9, 2026 at 1:26 pm – Kamloops Film Society posted on their blog: Cinema Passport | JULY – The Kamloops Film Society
Thu, Jul 9, 2026 at 8:00 am – David Suzuki posted on their blog: As the world burns, the powerful deny and delay
Tue, Jul 7, 2026 at 12:08 pm – Kamloops Film Society posted on their blog: Free Family Flick – The NeverEnding Story – The Kamloops Film Society
Tue, Jul 7, 2026 at 11:44 am – Kamloops Film Society posted on their blog:  Summer Camp!  – The Kamloops Film Society
Thu, Jul 2, 2026 at 8:00 am – David Suzuki posted on their blog: What the fungal networks can teach us
Thu, Jun 25, 2026 at 8:00 am – David Suzuki posted on their blog: LNG poses risky bet for pension funds
Thu, Jun 18, 2026 at 8:00 am – David Suzuki posted on their blog: Attacks on energy transition are attacks on workers
Mon, Jun 15, 2026 at 5:08 pm – Kamloops Film Society posted on their blog: Dusty, Broke N ’ Broken Hearted – Thursday Film Series July 9th – 30th – The Kamloops Film Society
Full Stream
No items found