Amid a harsh winter, many Canadians are struggling with fuel shortages from Superior Propane, which has failed to deliver promised services after payment. This situation raises questions about the involvement of Prime Minister Mark Carney's former employer, Brookfield Asset Management, which has invested heavily in Superior Plus, the parent company of Superior Propane.
• Superior Plus is a publicly traded company owned by various shareholders, with the largest investors being major firms like The Vanguard Group and Brookfield Corporation.
• Mark Carney does not have a direct investment in Superior Propane, but his previous employer, Brookfield Asset Management, invested $260 million in Superior Plus in 2020.
• Carney holds stock options in Brookfield worth about $6.8 million, linking his wealth to the company's performance, including Superior Propane.
• Many customers, including Brian and Judi, report issues with obtaining propane, resulting in complaints about the company's service and lack of communication.
• Attempts to reach Superior Propane for updates or refunds have been frustrating, leaving customers without heat during severe weather.
• A customer named Nizar from Superior Propane informed Brian and Judi that they could only receive a refund after terminating their account, which would take an extensive timeframe.
The inability of Superior Propane to serve its customers during winter raises serious concerns about the company and its investors, including Brookfield. This situation prompts questions about the response from Canadian leaders, such as PM Carney and Nova Scotia Premier Tim Houston, who seem focused on political disputes while citizens struggle without essential propane supplies.
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