Brookfield Corporation’s chief operating officer agreed Prime Minister Mark Carney likely wouldn’t have as many conflicts to manage if he had sold off his assets with the global investment firm, instead of putting them into a blind trust — an ongoing point of contention in Canadian politics.

Justin Beber testified for two hours Monday before the House ethics committee as MPs review the Conflict of Interest Act and question whether Carney’s decisions as prime minister benefit his personal wealth.

“If the prime minister sold all of his Brookfield-linked assets instead of keeping them in trust, there would be no conflict to manage. Is that correct?” asked Conservative ethics critic Michael Barrett.

The senior Brookfield executive said it’s “probably a correct statement.”

Carney served as

See Full Page