Behind the Net-Zero Mask: Power, Profit, and National Decline
By Peter J. Merrick, TEP® and Adrian C. Spitters, CFP®, co-authors of the international bestseller It Starts With Gold™ and the forthcoming book Guns, Gold & Land™
This analysis continues a series of long-form investigations published in The Merrick Spitters Reset Report™
As Canadians Struggle, Carney Profits From Offshore Deals And Pipelines
Canadians are facing a stark new reality. The cost of living has soared. Taxes consume nearly half of household income. Energy prices are volatile. Yet as the nation descends into economic hardship, Prime Minister Mark Carney flourishes.
He presides over a collapsing middle class from a perch of privilege, untouched by the consequences of his own policies. While families downsize and businesses close, Carney quietly consolidates influence and multiplies his wealth. The disparity is not coincidental. It is structural, engineered through his financial networks, foreign affiliations, and environmental mandates that hollow out Canadian industry.
Carney’s ascent is rooted in elite institutions. As a former executive at Goldman Sachs and later the Governor of both the Bank of Canada and the Bank of England, he has long operated in the halls of global finance. More recently, he served on the board of fintech giant Stripe.com while consulting for United Nations climate finance programs. His wife, Diana Carney, has also played a role, working as a senior advisor to Terramera Inc., a firm that received $3.2 million in Agriculture Canada grants.
Together, the Carneys represent the fusion of political power and financial capital, leveraging insider connections to grow a family empire linked to public funds and global agendas.
The Brookfield Web: Energy, Influence, and China
At the heart of Carney’s influence is Brookfield Asset Management, one of the world’s largest alternative investment firms. Carney joined Brookfield to lead its environmental, social, and governance (ESG) strategy. In theory, his role was to direct investment into sustainable infrastructure. In practice, Brookfield expanded its global energy dominance, including pipelines, data centres, and utilities, while marketing itself as green.
In 2019, Brookfield acquired $2 billion worth of land in Shanghai. It also secured a $276 million loan from the Bank of China. This placed the Canadian-based company in direct partnership with a state-controlled entity. At the same time, Brookfield was vying for a $9-billion acquisition of Colonial Pipeline in the United States, a key artery for American fuel supply. These moves raised fundamental questions about national security, foreign influence, and the true nature of Carney’s climate commitment.
Domestically, Brookfield is building Battery Energy Storage Systems (BESS) in Ottawa, sold as part of Canada’s green transition. Yet these systems offer only short-term power backup. In a nation plagued by energy instability, four hours of backup does little to stabilize the grid. Meanwhile, wind farms and solar arrays are built on taxpayer subsidies, enriching Brookfield’s renewable division, Evolugen.
The Tax Shuffle: Net Zero for You, Net Yield for Him
Behind the curtain of green virtue lies a playbook of financial engineering. According to the Centre for International Corporate Tax Accountability and Research (CICTAR), Brookfield avoided up to $6.5 billion in Canadian taxes in 2021 by using offshore subsidiaries in Bermuda and other tax havens. One such structure involved listing revenues under a front company, a bike shop, to obscure real profits.
Carney’s net-zero ideology imposes burdens on ordinary Canadians while shielding the elite. Under his policies, the average Canadian family pays nearly 50% of their income in taxes, with the burden increasing each year. Value-added taxes, carbon fees, excise duties, and Harmonized Sales Tax (HST) all pile onto stagnant wages. Meanwhile, Brookfield’s offshore structure continues to funnel profits away from Canadian oversight.
The Globalist’s Net-Zero Illusion
Carney’s policies are not uniquely Canadian. They are globalist in origin and execution. Through his roles with the United Nations and the World Economic Forum, Carney has championed a worldwide shift to net-zero emissions. But this transition has become a convenient cover for top-down economic control.
While marketed as climate responsibility, the net-zero framework has morphed into a tool for restructuring economies. Carney’s climate cartel positions multinational firms as stewards of environmental salvation while marginalizing national industries, independent farmers, and local manufacturers.
In Canada, this strategy has translated into regulatory overload. Farmers now face carbon pricing on fertiliser. Energy producers are denied permits. Resource-rich provinces like Alberta are under siege. Jobs vanish while foreign capital consolidates control over land, water, and mineral rights.
A Managed Decline, Not an Honest Debate
Critics of Carney’s agenda face dismissal, censorship, and gaslighting. Those questioning net-zero mandates are framed as conspiracy theorists. But as The Financial Post and other outlets have begun reporting, many of these mandates are based on shaky science and political expediency rather than hard data.
Professor Ian Lee of Carleton University has warned that Carney’s refusal to support oil export pipelines signals a continued hostility to resource development. He cautions that Canada’s fiscal and trade standing is now under threat from overregulation and globalist ideology masquerading as policy.
Countries like the United Kingdom, New Zealand, and several U.S. states are walking back their net-zero targets after public backlash. Rolling blackouts, food inflation, and economic stagnation have exposed the high cost of climate absolutism. Yet Carney’s Canada marches forward.
What Comes Next for Canada and the World
Carney may well be Canada’s final unifying figure, not because of strength, but because of collapse. The erosion of trust in federal institutions has revived separatist movements in Alberta, Saskatchewan, and parts of Atlantic Canada. Provincial leaders are exploring legal autonomy, economic sovereignty, and even referendums.
The world should pay attention. What begins as green reform can end in national fragmentation. If global financial elites can use climate mandates to override democratic will, manipulate national infrastructure, and strip economic autonomy from citizens, then no democracy is safe.
Central bank digital currencies (CBDCs), ESG scoring systems, and digital identity frameworks are accelerating this trend. Carney is a vocal advocate for all three. Each represents a step toward programmable compliance, not individual freedom.
There Is Still Hope
Yet resistance is building. A growing number of Canadians now see through the illusion. Farmers are organizing. Independent media is rising. Provinces are pushing back. Dialogue is becoming action.
As we reveal in our #1 international best-selling book, It Starts With Gold™, co-authored by Peter J. Merrick and Adrian C. Spitters, this agenda can be stopped, but only if people are informed and prepared.
In the book, we reveal how wealth extraction, offshore finance, climate-driven austerity, and the financial restructuring of sovereign nations are coordinated through seemingly “green” policies that are anything but. Visit www.ItStartsWithGold.comto learn more.
To find out more, order your own copy of It Starts With Gold™ from Amazon today. CLICK HERE
References:
- · Carney, Trudeau found to be heavily linked to Beijing, WEF in new expose
- · Brookfield’s Deep Ties to Chinese Land, Loans, and Green Deals
- · Is Canada’s Largest Alternative Asset Manager Dodging Global Taxes?
- · Ian Lee: The Trump-Carney standoff and why Canada must face hard truths on trade
- · Taxes versus the Necessities of Life: The Canadian Consumer Tax Index 2024
