Brookfield Corporation

In property, Rio Tinto has signed up to be the anchor tenant of BGRE's 27-storey office tower in Elizabeth Quay, confirming months of speculation.

BGRE, formerly Brookfield Properties, signed an agreement with the mining giant for the latter to move into the tower at 15 The Esplanade.

Subject to some approvals, Rio Tinto is set to establish its headquarters in the new tower, which is part of Brookfield's trio of developments on the quay.

Under the agreement, Rio will lease all 53,000 square metres of office space in the building over a 15-year lease term.

Several industry sources have told Business News that Rio Tinto and Brookfield signed a memorandum of understanding in June, but the parties would not confirm at the time.

And finally...

A small winery in Bridgetown has flagged plans to expand its cellar door to showcase products from wine producers in the southwest Blackwood Valley.

who happens to be the prime minister, by the way.

But because he was hired in that way, he wasn't subject to ethics rules, which means that for the five years that he was whispering in Justin Trudeau's ear, all that economic advice, oh boy, can't you see how good that advice was? he was able to enrich his Brookfield portfolio, although those low, those many, many days.

So that's what he's been up to.

And it hasn't stopped because now that he's the boss, his buddies are getting rich around him too.

Yeah, like if you watched that committee clip and you didn't know that that was the... ethics commissioner, you would think that Bond villain-esque sounding guy, Conrad von Finkenstein, was a lawyer for the Liberal Party of Canada or a lawyer from the government based on the amount of excuses he's making for the Liberals there about why this didn't come up in an ethics screen that his running buddy, Mark Carney's running buddy, they run together.

is the CEO of Telesat, and Telesat is getting billions of dollars in Canadian money, and it's causing their shares to skyrocket.

And you better believe that there's Telesat or there's some sort of tangential link between that and Brookfield.

But to put it all into context...

And as we see the connection here, Hypertech is the largest shareholder in 5C Group.

Now, if you've been around here for a while, you know this light yellow color means that this company has deals with Brookfield.

And that's what we see here.

$835 million capital raise for 5C financing, Brookfield led from Brookfield Infrastructure Partner Solutions.

We've got another one here, August 10th, 2026.

These are recent.

This one's from this year.

$605 million financing.

All right.

But that doesn't align well with getting Brookfield and your pals very wealthy.

Sorry.

Is going to be affordability.

It's not a marketing exercise.

No, it's not a marketing exercise, but it's definitely a business development exercise.

Again, for you, Brookfield, and your elitist club.

The

several times now, it's now $500 billion.

And so a lot of the infrastructure can be financed by these pension funds in Mexico, but a lot of those pension funds themselves are investing in these global infrastructure funds like BlackRock and Brookfield that raise money from Mexico's pension funds that then gets reinvested back in Mexico and in the rest of the world.

I went to Tech Week, a few of those panels.

I went to a great panel actually, Nico Berman of Kasek, which is the ex-Macau Libre guys that founded about 14 years ago, the top LATAM VC fund.

So the Qataris are investing...

in companies like Brookfield, which may have political ramifications or carry favor with it.

This is the institution that Prime Minister Carney ran before he became prime minister.

So the fact that, for example, the Qataris gave Brookfield $400 million, the same amount, perhaps it's a coincidence, that the Carney government gave to the Palestinian Authority.

Interesting.

So infiltrating, you know, funding our financial institutions, funding media, funding universities, and soft power, has an effect if you're receiving you know billions and billions of dollars uh from an entity you may be predisposed to be kind to that entity so and i think what we've discovered in our research is that the qataris are playing with about a trillion dollars in assets a trillion dollars where they're investing in universities media public relations cultural institutions sports franchises that have you know, an impact in terms of political power and soft power.

I am a bit of a grave dancer, that's for sure.

That's a great transition into your next top pick for today, which is Brookfield Corporation.

As you were saying, it's on sale right now, right? It's had a bit of an issue that caused the stock price to go down.

You like this as a buying opportunity.

And the general application rule basically allows somebody, if it's a matter of general application tax, for example, or any other legislation that can be broadly applied, to participate in the discussions in that.

For example, Deb, in the case of the prime minister, it's well known, you know, he's invested in many, many things, including Brookfield Asset Management, the Brookfield Global Transition Fund.

And I'll tell you why this is important in a second.

So we talked about closing that general application rule in the report that we did.