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Billionaires line up to support Mark Carney in Liberal leadership race

Frontrunners Carney, Freeland both received large donations from ultra-wealthy Canadians

Carly PenroseBethany Lindsay, Local Journalism Initiative ReporterKate Schneider
Carly Penrose, Bethany Lindsay, Local Journalism Initiative Reporter, Kate Schneider

24 Feb 2025 • 4 min read

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A man stands behind a mic speaking to a crowd. He wears a blue button up shirt under a black jacket with a maple leaf pin.
Mark Carney smiles during his Liberal leadership campaign launch in Edmonton on Jan. 16. Carney's campaign was backed by more billionaire family donors than any other candidate, though fellow frontrunner Chrystia Freeland had a few big-money donors in her corner. (The Canadian Press/Jason Franson)

Carly Penrose
Carly Penrose

Carly is a Toronto-based journalist. She holds a master of journalism from Toronto Metropolitan University. Her work has appeared in the National Post, This Magazine and The Canadian Press.

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