Keeping Financially Healthy During Covid-19 with Maria Rekrut on All Things Real Estate, July 02, 2020 at 8:00 pm EST. Maria Rekrut is a long time real estate investor who has seen many ups and downs in the economy since 1982, when she started her first business and has always made “Lemonade out of Lemons”. https://youtu.be/BwwyD5f0154
Brookfield Asset Management (BAM) is a global powerhouse in the world of alternative asset management, managing over $1 trillion in assets. With a presence in 30 countries across five continents, BAM plays a pivotal role in sectors like renewable power, infrastructure, private equity, real estate, and credit. Among its notable leaders, Mark Carney has emerged as a significant figure, bringing his expertise in sustainable finance and climate action to the forefront.
But with his recent exit from BAM to pursue a political career, questions about his tenure and decisions have sparked heated discussions. Let’s unpack his journey and its broader implications.
Brookfield Asset Management: A Global Financial Titan
Headquartered in Toronto, Canada, Brookfield Asset Management is one of the largest alternative asset managers in the world. Operating as a subsidiary of Brookfield Corporation, BAM focuses on creating long-term value through investments in real assets and essential service businesses. Its client base includes pension plans, endowments, sovereign wealth funds, financial institutions, and private investors—a testament to its global influence and trust within the financial community.
While its roots remain in Canada, BAM’s reach extends to financial hubs like New York, where it recently moved its head office as part of a broader corporate restructuring. This relocation has stirred interest and scrutiny, particularly during Mark Carney’s political campaign, as critics explore the implications of this decision.
Mark Carney’s Tenure: Championing ESG and Climate Action
Mark Carney joined BAM in August 2020 as vice chair and head of ESG (Environmental, Social, and Governance) and impact fund investing. In this role, he led efforts in sustainable finance, focusing on transition investing to accelerate the shift toward a net-zero economy. Drawing on his vast experience as a former central banker—having served as governor of both the Bank of Canada (2008-2013) and the Bank of England (2013-2020)—Carney brought a unique perspective to BAM’s climate-related strategies.
Under Carney’s leadership, BAM prioritized investments that aligned with global sustainability goals. His expertise as the UN special envoy for climate action and finance further solidified BAM’s position as a leader in ESG-driven initiatives. Carney’s innovative approach to impact investing earned him recognition as a forward-thinking leader in the financial world.
The Move to New York: Strategic Decision or Political Controversy?
In late 2024, BAM announced the relocation of its head office from Toronto to New York, a decision that came amidst a corporate restructuring. While the move was formally approved after Carney’s departure in January 2025, it has become a focal point of criticism during his campaign for the leadership of Canada’s Liberal Party. Detractors have questioned Carney’s role in the decision, suggesting it reflects broader issues related to his tenure at BAM.
Carney, however, has maintained that his resignation severed all ties with BAM, emphasizing his commitment to his new political aspirations. The scrutiny surrounding this move highlights the complexities of balancing corporate leadership with public accountability, particularly for figures transitioning into politics.
Carney’s Legacy: What Lies Ahead?
Mark Carney’s departure from BAM marks the end of a significant chapter in his career, but it also opens the door to new opportunities in public service. As he campaigns for the Liberal Party leadership, his track record in sustainable finance and central banking will undoubtedly shape his political platform. Meanwhile, BAM continues its journey as a global financial titan, navigating the challenges and opportunities of a rapidly evolving economic landscape.
Key Takeaways from Mark Carney’s BAM Journey
Brookfield Asset Management manages over $1 trillion in assets, focusing on sectors like renewable power, infrastructure, and real estate.
Mark Carney spearheaded BAM’s ESG and climate-focused initiatives, emphasizing sustainable finance and transition investing.
BAM’s decision to move its head office from Toronto to New York has sparked controversy, particularly during Carney’s political campaign.
Carney’s extensive experience as a central banker and UN climate envoy positioned him as a transformative leader within the financial industry.
Conclusion
Mark Carney’s tenure at Brookfield Asset Management underscores the evolving role of financial leaders in addressing global challenges like climate change. His departure to pursue political leadership adds a new dimension to his legacy, raising important questions about the intersection of corporate strategy and public accountability. As BAM continues to shape the future of sustainable investing, Carney’s contributions will remain a key part of its story. What do you think about the impact of Carney’s leadership on BAM and his transition to politics? Share your thoughts in the comments below! 🌟
I can’t post directly these links on Facebook because of the censorship laws introduced by Trudeau. You can see how insane Canada has become so that we as citizens can’t even share our news to fellow Canadians!! Is that freedom of speech? Wake up Canadians before it’s too late!!
Residents in the riding of Nepean react to Chandra Arya not being allowed to run as a Liberal
The longtime MP had his nomination revoked by the Liberal Party. He’s been MP of the area since 2015.
SO MUCH FOR CARNEYS LANDSLIDE WIN!! LOL – SOME MORE LIBERAL JOKES AND TRICKS OF THE TRADE – READ ON TO LEARN MORE!
Carney’s landslide victory in the Liberal leadership race—securing an overwhelming 85.9% of the vote—signals a calculated and ruthless move by the party to install a leader they believe can counter Poilievre’s aggressive populist appeal. The former Bank of Canada governor, known for his economic expertise and steady-handed leadership, represents a sharp contrast to the firebrand Conservative leader, whose “common sense” rhetoric has galvanized his base but now faces an unexpected challenge in the form of a resurgent Liberal Party. REPORTED BY CBC
NOW FOR THE HARD TRUTH!!
Based on the available information, a significant portion of registered Liberals did not cast a ballot in the leadership vote that elected Mark Carney as the new Liberal Party leader and Prime Minister.
The turnout was notably low, with many registered Liberals unable to participate. This low turnout is not unusual and is similar to previous leadership races. The reasons for the low participation rate likely include the distinction between being a registered Liberal and a paid-up party member, as well as a reportedly challenging verification process for some registered Liberals.
These factors likely contributed to the number of registered Liberals who did not participate in the vote, rather than them being explicitly disallowed from voting.
Posted inReal Estate Investing|Comments Off on SO MUCH FOR CARNEYS LANDSLIDE WIN!! LOL – SOME MORE LIBERAL JOKES AND TRICKS OF THE TRADE – READ ON TO LEARN MORE!
Carney’s landslide victory in the Liberal leadership race—securing an overwhelming 85.9% of the vote—signals a calculated and ruthless move by the party to install a leader they believe can counter Poilievre’s aggressive populist appeal. The former Bank of Canada governor, known for his economic expertise and steady-handed leadership, represents a sharp contrast to the firebrand Conservative leader, whose “common sense” rhetoric has galvanized his base but now faces an unexpected challenge in the form of a resurgent Liberal Party. REPORTED BY CBC
NOW FOR THE HARD TRUTH!!
Based on the available information, a significant portion of registered Liberals did not cast a ballot in the leadership vote that elected Mark Carney as the new Liberal Party leader and Prime Minister.
The turnout was notably low, with many registered Liberals unable to participate. This low turnout is not unusual and is similar to previous leadership races. The reasons for the low participation rate likely include the distinction between being a registered Liberal and a paid-up party member, as well as a reportedly challenging verification process for some registered Liberals.
These factors likely contributed to the number of registered Liberals who did not participate in the vote, rather than them being explicitly disallowed from voting.
Dreaming of owning a home but facing financial roadblocks? Rent-to-own could be the solution you’ve been searching for. This innovative strategy blends renting with the opportunity to purchase a home in the future, offering an accessible path to homeownership. Whether you’re struggling with a low credit score or need more time to save for a down payment, rent-to-own opens the door to possibilities. Let’s explore how it works, its benefits, and what you should consider before diving in.
What is Rent-to-Own and How Does It Work?
Rent-to-own agreements are designed to give tenants the option to purchase the property they’re renting after a set period. Typically lasting between one to three years, this arrangement allows tenants to build equity while living in their future home. A portion of the monthly rent, known as the “rent premium,” is set aside and applied toward the down payment when the purchase is finalized.
For example, if you’re not ready to secure a traditional mortgage due to financial hurdles, rent-to-own provides the time and flexibility to prepare. During the rental period, tenants can save, improve their credit scores, and lock in a purchase price—offering predictability in a market where home prices are often on the rise.
Why Rent-to-Own Benefits Aspiring Homeowners
This strategy is particularly appealing for those who face challenges in securing a mortgage. Here’s why:
Time to Build Credit: Tenants can focus on improving their credit scores, which is essential for securing better mortgage terms in the future.
Gradual Savings: A portion of the rent contributes to the down payment, making it easier to save while living in the home.
Predictable Costs: The purchase price is locked in at the start of the agreement, protecting tenants from rising market prices.
Transition to Ownership: Living in the home before buying it allows tenants to familiarize themselves with the property and neighborhood.
How Investors Benefit from Rent-to-Own
It’s not just tenants who gain from this arrangement—investors stand to benefit significantly as well. Here’s why rent-to-own is an attractive option for property owners:
Consistent Income: Rental payments provide a steady stream of passive income, a hallmark of successful investing.
Property Appreciation: Over time, the property’s value may increase, boosting the investor’s equity and overall returns.
Committed Tenants: Rent-to-own attracts tenants serious about purchasing, which often leads to reduced turnover and more stable tenancy.
Tax Advantages: Investors can benefit from deductions on property taxes and mortgage interest, enhancing their financial returns.
Understanding the Risks and Legalities
While rent-to-own offers numerous benefits, it’s essential to approach it with caution and thorough planning. Tenants risk losing their accumulated equity if they default on payments, while investors face the possibility of tenants opting not to purchase, leaving the property vacant. To avoid potential pitfalls:
Tenants should carefully review the lease and purchase agreements to ensure clarity on terms and responsibilities.
Investors should screen tenants thoroughly, verifying income and credit history to minimize risks.
Both parties should consult a real estate attorney to draft or review contracts, ensuring legal protection and mutual understanding.
Making Rent-to-Own a Win-Win Solution
When executed properly, rent-to-own can pave the way for financial growth and stability for both tenants and investors. Tenants gain a structured pathway to homeownership, while investors enjoy consistent income and potential long-term appreciation. Clear communication, careful planning, and legal due diligence are the cornerstones of a successful rent-to-own agreement.
Are you ready to take the first step toward your dream home or diversify your investment portfolio? Rent-to-own could be the key to unlocking new opportunities. Share your thoughts and questions in the comments below—we’d love to hear your insights! 😊
Listen to “Magnetic Minds – International Women’s Day with Maria Rekrut and Amanda Renaud” on Real Wealth Radio. https://creators.spotify.com/pod/show/maria-rekrut4/episodes/Magnetic-Minds—International-Womens-Day-with-Maria-Rekrut-and-Amanda-Renaud-e2vu64t
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