Divest United States holdings
Petitioners ask the Prime Minister to instruct the trustee of his blind trust to completely divest all United States-based holdings, including stocks, corporate interests and real estate, and reinvest the proceeds solely into Canadian-based companies.
Why we would sign this petition
- Aligns the prime minister’s personal portfolio with his public call for domestic investment, strengthening credibility for a Canada-focused economic message.
- Reduces or removes a perceived conflict of interest by eliminating financial ties to U.S.-based firms while promoting Canadian investment.
- Rechannels capital into Canadian-headquartered companies, which supporters say would boost domestic investment and signal confidence in Canada.
Why we wouldn’t sign this petition
- Imposes a political directive on private asset management that could conflict with the trustee’s duties or the trust’s investment mandate.
- Concentrating holdings in Canadian companies may reduce diversification and increase financial risk for the trust’s beneficiary.
- Complete divestment could be impractical, costly or delayed by market conditions, legal limits or issues transferring certain assets.
The summary and both sets of reasons are AI-generated from the petition and given equal weight. Claims are the petitioners’ own; consult the official record for the full text.
Official petition
Petition to the Prime Minister Prime Minister Mark Carney recently stated in a public address to Canadians that the country's economic ties to the United States have become "weaknesses that we must correct" and emphasized the need to build a stronger, independent Canadian economy through domestic investment; Public disclosures indicate that approximately 91% of the Prime Minister's stock holdings are headquartered in the United States, and he reportedly retains significant financial interests tied to Brookfield Asset Management, a firm he previously chaired that recently relocated its head office from Toronto to New York City to prioritize American capital markets over Canada; and The Prime Minister is actively encouraging investment in Canada and must demonstrate absolute confidence in the domestic market to support his "Canada Strong" agenda. We, the undersigned, citizens and residents of Canada, call upon the Prime Minister to lead by example and eliminate any perception of a conflict of interest by instructing the trustee of his blind trust to completely divest his asset portfolio of all United States-based holdings, including stocks, corporate interests, and real estate properties, and to reinvest those funds entirely into Canadian companies that are based in Canada.
Government response
No government response is available yet.