Carney’s assets are in a blind trust. Does that block potential conflicts of interest?

A man with grey hair and wearing a navy blue suit, gestures with his right hand as he speaks from a podium.

Prime minister-designate Mark Carney has responded to Conservative attacks on his assets by moving everything but real estate into a blind trust months before he was required. But what is a blind trust? How does it work? And is it an effective mechanism to ensure prime ministers avoid a conflict of interest?

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