Carney’s Ethics Test: How Brookfield’s Teekay Purchase Brushed Close to a Sanctioned Sino-Russian Venture

Op/Ed: Brookfield’s 2017 purchase of Teekay Offshore tied it to a corporate family whose LNG arm partnered with China’s COSCO to ship Russian Arctic gas under the shadow of Crimea-era sanctions.

Sep 15, 2025

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OTTAWA — In 2017, Brookfield, the investment giant that would later launch Prime Minister Mark Carney’s global business and political reach, bought control of Teekay Offshore Partners — a shipping de…

Carney’s Ethics Test: How Brookfield’s Teekay Purchase Brushed Close to a Sanctioned Sino-Russian Venture

Op/Ed: Brookfield’s 2017 purchase of Teekay Offshore tied it to a corporate family whose LNG arm partnered with China’s COSCO to ship Russian Arctic gas under the shadow of Crimea-era sanctions.

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