Scandal? PM Carney’s potential conflicts of interest on Air Canada are reason to question why he ordered workers back to work so quickly

Written on: 2025-08-18

Written by: Gregory Staley

When Mark Carney refused to disclose his conflicts of interest to Canadians before the election, it should’ve set off alarm bells in every Canadian’s head. Now Carney is attempting to use government legislation to force Air Canada workers back to work less than 12 hours after the strike had begun. The potential conflict is that Brookfield, where Carney has ties, has investments in the aviation sector, including ties with Air Canada. This overlap could explain the Prime Minister’s urgency in ending the strike.

Brookfield, where the Prime Minister has millions invested and where he was a Vice Chair of ESG, holds approximately a 13.2 percent stake in Chorus Aviation, a company in the aviation sector. Air Canada also has a stake in Chorus Aviation, owning about 10 percent. Brookfield invested $374 million into Chorus Aviation, while Air Canada invested $97 million in Chorus through subscribing to 15,561,600 shares. The financial stakes of both Brookfield and Air Canada in Chorus Aviation highlight the intersection of interests involving Carney, Brookfield, and Air Canada.

Here’s where things get really interesting. There is a company flying directly under the Air Canada banner that is a subsidiary of Chorus Aviation. The company, called Jazz, is part of the Chorus Aviation group of companies and appears to operate over 50 aircraft within Air Canada’s fleet. So to put it simply, the Prime Minister holds investments with a company that is directly involved with Air Canada. It’s pretty clear that a prolonged strike wouldn’t be good for the Prime Minister’s investments.

Brookfield hired former Air Canada CEO to advise on Aviation investments

In addition to the financial conflicts we’ve outlined with Prime Minister Carney regarding the Air Canada strike, it must be pointed out that Brookfield hired a former Air Canada CEO to be their senior advisor regarding their aviation investments. This creates another layer of conflict when we consider the Prime Minister’s swift action in attempting to end the strike.

Former Air Canada CEO Calvin Rovinescu is a senior Advisor to Brookfield asset management – now you know why Carney is bulldozing worker rights in the air Canada dispute.

Why are conflicts of interest important again Liberal voters? Remember, you voted for this. pic.twitter.com/gCw60sXE2M

— Diverge Media (@DivergeMedia_) August 16, 2025

How can the Prime Minister claim to be neutral and unbiased in this matter when this is the case? How can Canadians trust the Prime Minister when he hasn’t come out and admitted to people that he has these conflicts of interest in the Air Canada strike?

Truth be told, the best thing the government can do is reduce the regulatory burdens and taxes that airliners like Air Canada have to pay and then that money can be used to come to an agreement that works for all of their employees.

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