🚨 WHAT’S THE BIG DEAL? 🚨
Carney is not just an ordinary businessman—he is seeking to become Prime Minister without ever holding elected office before. That alone is unprecedented in Canadian history, but the bigger issue is his potential financial conflict of interest. If Carney still owns shares or stock options in Stripe, he could directly benefit from policies that impact Canada’s financial sector, small businesses, and digital payment regulations.
To make matters worse, Stripe has been under fire for refusing to pass along government-negotiated interchange fee savings to small businesses. In 2024, Visa and Mastercard agreed to cut interchange fees, a move that was supposed to save small businesses $1 billion over five years. But Stripe chose to keep the savings, padding its own profits while leaving small businesses struggling.
🚨 THE TIMELINE DOESN’T ADD UP! 🚨
🔹 Carney was a board member of Stripe while also serving as a senior economic advisor to Justin Trudeau.
🔹 Stripe is preparing to go public, and insiders claim board members could make millions overnight if they still hold shares.
🔹 Carney resigns from Stripe’s board on January 16, 2025, but doesn’t confirm if he sold off his assets.
🔹 Canada’s Conflict of Interest Act gives new office holders 120 days to disclose their finances—meaning if Carney wins and quickly calls an election, Canadians won’t know the truth until it’s too late.
🚨 WHAT ARE CONSERVATIVES DEMANDING? 🚨
🔹 Carney must immediately disclose his assets in Stripe.
🔹 He must confirm whether he stands to gain financially from Stripe’s IPO.
🔹 He must call for Stripe to pass along fee savings to Canadian small businesses instead of keeping the profits.
💬 What do you think? Should Carney reveal his financial interests NOW? Drop a comment below and let us know!
Video Transcript:
(00:01) [Music] hello and welcome back before we dive in make sure to hit that subscribe button to stay informed on the latest news effect in Canada the camera Fades into a shot of Parliament Hill The Towering peace Tower standing as a Silent Witness to the political storm brewing within the question is simple yet the stakes could not be highed should him in seeking to be Canada’s next prime minister be allowed to keep his financial interests hidden from the public the answer should be obvious transparency is a Cornerstone of
(00:40) democracy but for Mark Carney the front runner in the liberal leadership race the details of his corporate ties remain shrouded in secrecy and now conservatives are demanding answers Michelle rimple Garner a senior conservative Member of Parliament has sounded the alarm Penning a fiery letter calling on carne to come clean about his assets specifically his connection to stripe the multi-billion dollar Irish American Payment Processing Company the timing could not be more critical rumors are swirling that stripe is preparing to
(01:13) go public a move that could send its valuation soaring to an estimated $65 billion as a former board member of strip Carney knows this what Canadians don’t know is whether Carney himself stands to benefit financially from this lucrative development Carney has already stepped down from his board positions at stripe Brookfield Bloomberg and Pimco but stepping down is not the same as devasting rimple Garner points out a glaring Omission in carne’s public statements nowhere has he explicitly stated whether he still holds stock
(01:46) options or other Financial interests in these companies this is not a small detail it is a question of whether Canada’s next potential prime minister has an undisclosed stake in a financial Empire one that could lead to Serious conflicts of interest if he assumes office Carney has built his reputation as an economic expert serving as governor of both the Bank of Canada and the bank of England his supporters argue that his vast experience in global Finance makes him uniquely qualified to steer Canada’s economy but critics see
(02:15) something else they see a man whose entire career has been spent within the corporate Elite a man whose ties to billion dooll firms could put him in a position to shape policy in ways that benefit him and his former colleagues at the expense of ordinance Canadians the issue is not just theoretical stripe operates in Canada as a federally regulated financial services company that means if Carney becomes prime minister he will have direct influence over the policies governing an industry in which he may still have personal
(02:47) financial interests this is why full disclosure is necessary Canadians deserve to know whether the in asking for their trust is playing by the same rules as everyone else or whether he is using legal loopholes to conceal conflicts of interest there is another troubling element to this story under Canada’s conflict of interest act elected officials must disclose their financial Holdings within 60 days of assuming office with an additional 120-day window before finalizing them but here’s where it gets murky Carney
(03:18) does not currently hold elected office that means he has no legal obligation to disclose anything about his financial Holdings until he actually becomes prime minister if he wins the liberal leadership race on March 9th and immediately calls a general election it is entirely possible that Canadians will cast their votes without ever knowing the full extent of his financial entanglements rimple Garner’s letter raises a troubling scenario Carney could use this legal loophole to withhold details about his wealth waiting until
(03:49) after an election to disclose his assets if at all by the time Canadians get the truth it may be too late the system was never designed for a mon to go directly from corporate boardrooms into the highest elected office in the country without ever holding prior public office this is Uncharted Territory and carne’s silence on the matter is making people uneasy then there is the issue of Stripes business practices in Canada last year visa and MasterCard agreed to cut interchange fees the charges Merchants pay on credit card
(04:21) transactions a move expected to save small businesses across Canada $1 billion over 5 years but stripe a major player in the payment processing industry refused to pass these savings along to some of its Canadian customers small business Advocates were outraged the federal government promised action then nothing happened rimple Garner points out that Carney who was serving as a strip board member at the time remained silent on the issue if he had Financial interests in strip did he have a personal stake in keeping those fees
(04:53) savings locked up did his influence within the liberal government help delay any meaningful policy action on the matter and now that he is running for prime minister why hasn’t he called on stripe to do the right thing the Optics are damning a man who has built his brand on economic fairness and stability remains tight lipped about whether he holds Financial interests in a company that refused to pass savings to small businesses a man who promises transparency is exploiting legal loopholes to avoid disclosing his assets
(05:23) a man who claims to be working in the best interest of Canadians May in fact be positioning himself to benefit from policies that disproportionately favor the corporate Elite the call for Carney to disclose his assets is not just political rhetoric it is a fundamental test of Integrity if he has nothing to hide he should have no problem providing full transparency today but the longer he remains silent the more it appears that he has something to gain by keeping Canadians in the dark rimple Garner’s message is clear Carney should
(05:54) immediately disclose all his financial interests including any stock options or other ties to stripe he should also use his influence to demand that strip pass interchange fee savings to small businesses a move that would directly benefit hardworking entrepreneurs across Canada the broader issue at play is one of trust Canadians have seen what happens when political leaders use their positions for personal gain they have witnessed scandals broken promises and backro deals that prioritize the wealthy over the working class if Carney truly
(06:26) wants to lead this country he must prove that he is not just another corporate Insider looking to use public office for private benefit for now the questions remain unanswered the ball is in carne’s court will he step up and provide the transparency Canadians deserve or will he continue to dodge accountability hoping that voters won’t notice until it’s too late the stakes could not be higher Canadians deserve leadership that is honest accountable and truly working in their best interest the question is will Mark Carney meet that standard or
(06:59) will he fail the very first test of his leadership the camera slowly Zooms in on Parliament Hill as the sun sets behind the iconic peace Tower the battle for Canada’s future is just beginning and the truth must come out before it is too late thanks for watching don’t forget to like subscribe and share your thoughts in the comments below until next time stay informed and stay engaged