Company: BNJ
Filing Date: 2025-05-16
Form Type: CORRESP
Source: 0001104659-25-050083
Chunk: 0

Company: BROOKFIELD Corp /ON/
Filing Date: 2025-05-16
Form: CORRESP
Chunk 0
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May 16, 2025

Division of Corporation Finance

Office of Real Estate & Construction

United States Securities and Exchange Commission
100 F Street, N.E.

Washington, D.C., 20549

Attention: Division of Corporation Finance, Office
of Real Estate & Construction (the “Staff”)

Re: Brookfield Corporation - Form 40-F for the
Fiscal Year Ended December 31, 2024 (File No. 001-15160)

Thank you for your comment letter dated May 7,
2025 in connection with the above-referenced Form 40-F (the “40-F”) of Brookfield Corporation, filed with the Securities and
Exchange Commission (the “Commission”) on March 24, 2025. For your convenience, we have reproduced your comment below in
italics and you will find our response below your comment. Capitalized terms used but not defined in this letter have the respective meanings
given to them in the 40-F.

| 1. | Reference is made to the table of reportable segment measures disclosed on page 151. We note you disclose                                    
 external and inter-segment/other revenue amounts by segment for fiscal years 2024 and 2023. Please tell us your consideration for disclosing 
 other specified amounts pursuant to guidance outlined within paragraph 23 of IFRS 8.                                                         |

We respectfully acknowledge the Staff’s
comment and advise the Staff that while revenue and intersegment revenue information was included in our segment disclosure in accordance
with paragraphs 23(a) and 23(b) of IFRS 8, income and expense line items of the nature contemplated by paragraphs 23(c) through 23(i)
of IFRS 8 were either specified amounts not included in the respective segment profitability measure and were not regularly reviewed by
or provided to our chief operating decision maker, or alternatively, were not included as we took the time necessary to evaluate the impacts
of the IFRS Interpretation Committee’s (the “Committee”) July 2024 agenda decision IFRIC Agenda Decision – Disclosing
Revenue and Expenses for Reportable Segments (the “IFRIC agenda decision”). Making the judgments discussed by the Committee,
while also considering both the core principle of IFRS 8 Operating Segments and the definition of materiality in IAS 1 Presentation of
Financial Statements, presents inherent complexities in our circumstance given the fact that different measures of profitability are used
by our chief operating decision maker across our operating segments