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Brookfield’s NYC Move Becomes Political Attack Line on Carney

Brookfield Asset Management Ltd.’s decision to shift its head office to New York from Toronto is featured in a new attack ad against Mark Carney, who’s running to become Canadian prime minister.

Carney is one of the leading candidates to replace Justin Trudeau as Liberal Party leader and assume Canada’s highest political office. He had been Brookfield’s chair and head of transition investing until January, when he resigned to launch his campaign.

In a video released Friday, the Conservative Party took aim at Carney’s views on the economy and at Brookfield’s relocation. “Trudeau and Carney sold out Canada with job-killing taxes that push jobs south,” the narrator of the video says. “Carney even moved his company’s headquarters to New York.”

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