PRESS RELEASE, DATED DECEMBER 16, 2005

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 December 2005
 
Commission File Number: 033-97038
 
BROOKFIELD ASSET MANAGEMENT INC.
(formerly Brascan Corporation)
(Translation of registrant's name into English)
 
BCE Place
Suite 300
181 Bay Street, P.O. Box 762
Toronto, 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 Rule 101(b)(1): ____
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(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 December 16, 2005 and the exhibit thereto are hereby incorporated by reference as exhibits to Brookfield Asset Management Inc.’s registration statement on Form F-9 (File No. 333-112049).
 
EXHIBIT LIST
Exhibit
 
Description
 
99.1
 

 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.
 
     
  BROOKFIELD ASSET MANAGEMENT INC.
 
 
 
 
 
 
Date: December 16, 2005
By:   /s/ Brian Lawson
 

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