Episode

Unexamined Conflicts: The PRC/Carney Brookfield Dealings Research Behind My Washington D.C. Panel Remarks

Podcast
The Bureau Podcast
Published
May 22, 2026
Duration seconds
3815
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not_requested
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https://www.thebureau.news/p/unexamined-conflicts-the-prccarney
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https://api.substack.com/feed/podcast/198840607/5de910c966665c6fb607ba06c94a2054.mp3
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Summary

OTTAWA — This podcast discussion from late April was recovered from the cloud by Jason James, and was taped a month before my appearance this week alongside an incredible cast of national experts at the Hudson Institute in Washington, D.C. At that event, Mike Doran — director of the Center for Peace and Security in the Middle East at Hudson and a former senior White House national security official — asked me to explain how China seeds its influence through elite financial institutions. My answer, it turned out, foreshadowed a bombshell congressional report released this week by the House Select Committee on China, which found that major Wall Street banks turned a blind eye to underwriting deals with Chinese military-linked and Uyghur slave labor-connected companies. In my answer to Doran, I argued that China invests across Wall Street, Bay Street, and Silicon Valley to forge bonds of obligation and influence with the most powerful, politically connected business figures in the West. Using the example of Mark Carney and Brookfield, I also explained how significant Canadian political leaders — and the business networks that back them — have been granted privileged access to China’s green infrastructure and real estate markets. I told Doran this is, in my view, United Front influence tradecraft. In Carney’s case, it could be said to have created the perception of a conflict of interest: that Carney’s private interests, and those in his orbit, may now benefit from his government’s deepening trade dealings with Beijing — including a significant electric vehicle arrangement that would likely raise the precise concerns now at the center of the committee’s investigation into JPMorgan, Bank of America, and Morgan Stanley. There are a few minor lags in this tape due to some tec…