6-K

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of March 2005

Commission File Number: 033-97038

           BRASCAN CORPORATION          
(Translation of registrant’s name into English)

BCE Place
Suite 300
181 Bay Street, P.O. Box 762
oronto, Ontario, Canada M5J 2T3
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F.

Form 20-F _____ Form 40-F __X___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule101(b)(7): ____

Indicate by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-
2(b) under the Securities Exchange Act of 1934.

Yes _____ No __X__

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82- ________

INCORPORATION BY REFERENCE

       The Form 6-K of Brascan Corporation dated March 11, 2005 and the exhibit thereto are hereby incorporated by reference as exhibits to Brascan Corporation’s registration statement on Form F-9 (File No. 333-112049).

EXHIBIT LIST

Exhibit	Description
99.1	Press Release, Dated March 11, 2005, Regarding
	Brascan Acquires Canary Wharf Property

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: March 11, 2005

BRASCAN CORPORATION

By:   /s/ Brian Lawson                                               
        Name: Brian D. Lawson
        Title:Executive Vice President & CFO

EX-99

News Release

BRASCAN ACQUIRES CANARY WHARF OFFICE PROPERTY

Toronto, CANADA, March 11, 2005 – Brascan Corporation (NYSE/ TSX: BNN) today announced that it has acquired a controlling interest in 20 Canada Square, a high quality office property on the Canary Wharf Estate in London, U.K. for £337.5 million (US$624 million). The property was acquired in partnership with Barclays Capital.

Gordon Arnell, Chairman of Brascan International stated that, “we are pleased to be purchasing 20 Canada Square. We look forward to continuing to enhance our office presence in London and build on our relationship with Canary Wharf Group and Songbird Estates.”

20 Canada Square is one of 28 office properties within the Canary Wharf Estate, a 97 acre office property complex in East London, in which Brascan owns a 17% interest. It is a 12 storey, 555,000 square foot, state of the art office property within the Estate, connected to retail at ground and promenade levels, with major tenants, The McGraw-Hill Companies and British Petroleum’s Integrated Supply and Trading Division.

The transaction was completed by a wholly owned subsidiary of Brascan and a subsidiary controlled by Barclays Bank PLC.

*******

Brascan Corporation is an asset management company. With a focus on property, power and infrastructure assets, the company has direct investments of $20 billion and a further $7 billion of assets under management. This includes 70 premier office properties and over 120 power generating plants. The company is listed on the New York and Toronto stock exchanges under the symbol BNN. For more information, please visit our web site at www.brascancorp.com

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Contacts:

Brascan Corporation
Katherine C. Vyse
SVP, Investor Relations and Communications
Tel: 416-369-8246
Email: kvyse@brascancorp.com

Note: This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe”, “expect”, “anticipate”, “intend”, “estimate” and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward looking statements. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forward in the forward looking statements include general economic conditions, interest rates, availability of equity and debt financing and other risks detailed from time to time in the company’s 40-F filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.