Apr 27, 2025

Local News with Bruce Wark at Warktimes.com formerly with the CBC - New Brunswick

 


Local News...
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"McKenna and BAM: Frank McKenna served as Chairman of BAM, playing a strategic role in its operations, including subsidiaries like BGRS with government contracts. His influence in New Brunswick ties BAM to local initiatives like Tantramar 2035. McKenna and Carney: McKenna and Carney overlapped at BAM, with McKenna as Chairman and Carney as Chair of Transition Investing until January 2025. Their shared Liberal Party ties and McKenna’s political history suggest he supports Carney’s 2025 PM candidacy, especially in regions like New Brunswick. Tantramar 2035 Context: The Tantramar 2035 initiative, presented by Francesco Fiorani, focuses on sustainability, aligning with Carney’s net-zero agenda. McKenna’s BAM role and New Brunswick influence may connect BAM to such local projects, fueling concerns about technocratic control. Conclusion Frank McKenna’s ties to Brookfield Asset Management are clear through his role as Chairman, where he influenced BAM’s strategic direction, including subsidiaries like BGRS with government contracts. His connection to Mark Carney stems from their overlapping BAM roles and shared Liberal Party affiliations, with McKenna likely supporting Carney’s 2025 PM bid, particularly in New Brunswick. The Tantramar 2035 initiative, as highlighted in the X post, reflects local planning efforts that align with Carney’s climate agenda, but public skepticism (e.g., “test tubing technocracy”) suggests distrust in how McKenna and BAM’s influence shapes such projects. This nexus of corporate power, political ambition, and regional governance underscores the broader implications of their ties."

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