<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019e89e6-068e-75bf-a412-b19d4a3609b7,g:3e7f87aa-96cc-4003-9f41-87a44478f0a2-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_ifrs-full_VoluntaryChangesInAccountingPolicyAxis_019e89e6-1474-7b12-ba59-9fd650a496ff_terseLabel_en-US" xlink:label="lab_ifrs-full_VoluntaryChangesInAccountingPolicyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Voluntary changes in accounting policy [axis]</link:label>
    <link:label id="lab_ifrs-full_VoluntaryChangesInAccountingPolicyAxis_label_en-US" xlink:label="lab_ifrs-full_VoluntaryChangesInAccountingPolicyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Voluntary changes in accounting policy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_VoluntaryChangesInAccountingPolicyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_VoluntaryChangesInAccountingPolicyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_VoluntaryChangesInAccountingPolicyAxis" xlink:to="lab_ifrs-full_VoluntaryChangesInAccountingPolicyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceLLCMember_019e89e6-158d-7a8c-a07d-0484ba8a40e7_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceLLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BFL</link:label>
    <link:label id="lab_bn_BrookfieldFinanceLLCMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceLLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance LLC [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceLLCMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceLLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance LLC [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceLLCMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceLLCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceLLCMember" xlink:to="lab_bn_BrookfieldFinanceLLCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpense_019e89e6-1500-70a9-ab8c-4680cf977f5f_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_label_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpense" xlink:to="lab_ifrs-full_InterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_HotelMember_019ff171-c74e-7fec-a9cb-6fbc06726808_terseLabel_en-US" xlink:label="lab_srt_HotelMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hotel</link:label>
    <link:label id="lab_srt_HotelMember_label_en-US" xlink:label="lab_srt_HotelMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hotel [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_HotelMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_HotelMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_HotelMember" xlink:to="lab_srt_HotelMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_019e89e6-1474-783f-be20-341de49db116_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInPropertyPlantAndEquipment_019e89e6-1474-7bba-a383-cffe4c1b6de7_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ChangesInPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_019e89e6-1474-7aa2-8310-398e41390235_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CategoryofAssetsDomain_019e89e6-1474-765d-8f03-26337745e936_terseLabel_en-US" xlink:label="lab_bn_CategoryofAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Category of Assets [Domain]</link:label>
    <link:label id="lab_bn_CategoryofAssetsDomain_label_en-US" xlink:label="lab_bn_CategoryofAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Category of Assets [Domain]</link:label>
    <link:label id="lab_bn_CategoryofAssetsDomain_documentation_en-US" xlink:label="lab_bn_CategoryofAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Category of Assets [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CategoryofAssetsDomain" xlink:href="bn-20260630.xsd#bn_CategoryofAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CategoryofAssetsDomain" xlink:to="lab_bn_CategoryofAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_019e89e6-13c4-7dff-9bdf-c69ae25dd2d9_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interests held by non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interests held by non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_019e89e6-1474-7d0f-a3c9-56fac33c460e_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ExecutivesMember_019e89e6-1474-71a9-a682-3ea5632dd68b_terseLabel_en-US" xlink:label="lab_bn_ExecutivesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Executives [Member]</link:label>
    <link:label id="lab_bn_ExecutivesMember_label_en-US" xlink:label="lab_bn_ExecutivesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Executives [Member]</link:label>
    <link:label id="lab_bn_ExecutivesMember_documentation_en-US" xlink:label="lab_bn_ExecutivesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Executives [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ExecutivesMember" xlink:href="bn-20260630.xsd#bn_ExecutivesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ExecutivesMember" xlink:to="lab_bn_ExecutivesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_019e89e6-158d-7b90-aff4-879ccb685cb4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_019e89e6-1500-7f6c-bac3-30bc0add2ee7_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_019e89e6-1474-76c7-8305-a0ec6a62ea31_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisaggregationofRevenueTable_019e89e6-1474-7e37-9a28-77777350c8ad_terseLabel_en-US" xlink:label="lab_bn_DisaggregationofRevenueTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Table]</link:label>
    <link:label id="lab_bn_DisaggregationofRevenueTable_label_en-US" xlink:label="lab_bn_DisaggregationofRevenueTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Table]</link:label>
    <link:label id="lab_bn_DisaggregationofRevenueTable_documentation_en-US" xlink:label="lab_bn_DisaggregationofRevenueTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisaggregationofRevenueTable" xlink:href="bn-20260630.xsd#bn_DisaggregationofRevenueTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisaggregationofRevenueTable" xlink:to="lab_bn_DisaggregationofRevenueTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods_019e89e6-1474-78a6-9859-a7a0f9f5737c_terseLabel_en-US" xlink:label="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realized disposition gains related to prior periods</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods_label_en-US" xlink:label="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), Relating to Prior Periods</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods_documentation_en-US" xlink:label="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), Relating to Prior Periods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealizedDispositionGainLossRelatingtoPriorPeriods" xlink:href="bn-20260630.xsd#bn_RealizedDispositionGainLossRelatingtoPriorPeriods"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealizedDispositionGainLossRelatingtoPriorPeriods" xlink:to="lab_bn_RealizedDispositionGainLossRelatingtoPriorPeriods" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series17ClassAPreferredSharesMember_019e89e6-13c4-73b9-9f7a-408c781419f9_terseLabel_en-US" xlink:label="lab_bn_Series17ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 17 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series17ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series17ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 17 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series17ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series17ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 17 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series17ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series17ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series17ClassAPreferredSharesMember" xlink:to="lab_bn_Series17ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Proportionofownershipinterestinassociateorjointventure_019e89e6-1474-7d1e-a9d0-dd746ac531b0_terseLabel_en-US" xlink:label="lab_bn_Proportionofownershipinterestinassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate or joint venture</link:label>
    <link:label id="lab_bn_Proportionofownershipinterestinassociateorjointventure_label_en-US" xlink:label="lab_bn_Proportionofownershipinterestinassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate or joint venture</link:label>
    <link:label id="lab_bn_Proportionofownershipinterestinassociateorjointventure_documentation_en-US" xlink:label="lab_bn_Proportionofownershipinterestinassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Proportionofownershipinterestinassociateorjointventure" xlink:href="bn-20260630.xsd#bn_Proportionofownershipinterestinassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Proportionofownershipinterestinassociateorjointventure" xlink:to="lab_bn_Proportionofownershipinterestinassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EliminationOfIntersegmentAmountsMember_019e89e6-1500-7108-90fb-a53123f5109b_terseLabel_en-US" xlink:label="lab_ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Elimination of intersegment amounts</link:label>
    <link:label id="lab_ifrs-full_EliminationOfIntersegmentAmountsMember_label_en-US" xlink:label="lab_ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Elimination of intersegment amounts [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:to="lab_ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_019e89e6-1500-76e8-850d-80dd6df7d486_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distributions to common and preferred shareholders</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid to equity holders of parent, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorePlusMember_019e89e6-1500-7dfa-b668-11615eacb38e_terseLabel_en-US" xlink:label="lab_bn_CorePlusMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Core plus</link:label>
    <link:label id="lab_bn_CorePlusMember_label_en-US" xlink:label="lab_bn_CorePlusMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Core plus [Member]</link:label>
    <link:label id="lab_bn_CorePlusMember_documentation_en-US" xlink:label="lab_bn_CorePlusMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Core plus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorePlusMember" xlink:href="bn-20260630.xsd#bn_CorePlusMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorePlusMember" xlink:to="lab_bn_CorePlusMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldInfrastructurePartnersL.P.Member_019e89e6-13c4-70d7-ac33-08747764240a_terseLabel_en-US" xlink:label="lab_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Infrastructure Partners L.P. (&#8220;BIP&#8221;)6</link:label>
    <link:label id="lab_bn_BrookfieldInfrastructurePartnersL.P.Member_019e89e6-13c4-765a-a167-22f84df381fd_verboseLabel_en-US" xlink:label="lab_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">BIP</link:label>
    <link:label id="lab_bn_BrookfieldInfrastructurePartnersL.P.Member_label_en-US" xlink:label="lab_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Infrastructure Partners L.P. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldInfrastructurePartnersL.P.Member_documentation_en-US" xlink:label="lab_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Infrastructure Partners L.P. (&#8220;BIP&#8221;) [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:href="bn-20260630.xsd#bn_BrookfieldInfrastructurePartnersL.P.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:to="lab_bn_BrookfieldInfrastructurePartnersL.P.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Revenueofacquiredentitiessinceacquisitiondate_019e89e6-1500-7f6a-b7a4-6f9ca1ee3799_terseLabel_en-US" xlink:label="lab_bn_Revenueofacquiredentitiessinceacquisitiondate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue of acquired entities since acquisition date</link:label>
    <link:label id="lab_bn_Revenueofacquiredentitiessinceacquisitiondate_label_en-US" xlink:label="lab_bn_Revenueofacquiredentitiessinceacquisitiondate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue of acquired entities since acquisition date</link:label>
    <link:label id="lab_bn_Revenueofacquiredentitiessinceacquisitiondate_documentation_en-US" xlink:label="lab_bn_Revenueofacquiredentitiessinceacquisitiondate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue of acquired entities since acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Revenueofacquiredentitiessinceacquisitiondate" xlink:href="bn-20260630.xsd#bn_Revenueofacquiredentitiessinceacquisitiondate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Revenueofacquiredentitiessinceacquisitiondate" xlink:to="lab_bn_Revenueofacquiredentitiessinceacquisitiondate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_JointventuresandassociatesAxis_019e89e6-1474-73f0-9522-5a1c6b481508_terseLabel_en-US" xlink:label="lab_bn_JointventuresandassociatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures and associates [Axis]</link:label>
    <link:label id="lab_bn_JointventuresandassociatesAxis_label_en-US" xlink:label="lab_bn_JointventuresandassociatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures and associates [Axis]</link:label>
    <link:label id="lab_bn_JointventuresandassociatesAxis_documentation_en-US" xlink:label="lab_bn_JointventuresandassociatesAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint ventures and associates [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_JointventuresandassociatesAxis" xlink:href="bn-20260630.xsd#bn_JointventuresandassociatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_JointventuresandassociatesAxis" xlink:to="lab_bn_JointventuresandassociatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidOtherShares_019e89e6-1474-7417-baa3-47b1801c1c57_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOtherShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Preferred equity</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidOtherShares_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOtherShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, other shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOtherShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidOtherShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidOtherShares" xlink:to="lab_ifrs-full_DividendsPaidOtherShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_019e89e6-13c4-716d-bc4d-ed841191a657_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_019e89e6-13c4-7ee3-a15e-c87548f3bd15_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_019e89e6-1474-7eea-b176-1b3fd3df52e4_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gross amounts of financial instruments set-off in Consolidated Balance Sheets</link:label>
    <link:label id="lab_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_label_en-US" xlink:label="lab_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_GrossFinancialAssetsSetOffAgainstFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents_019e89e6-1500-7159-b239-faa3a0189a5b_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash and deposits</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) decrease (increase) in restricted cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_019e89e6-158d-7ced-a0df-eb284b619fb7_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for fair value measurement [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for fair value measurement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis_019e89e6-1500-7aaa-8f8a-335e04739866_terseLabel_en-US" xlink:label="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ranges of exercise prices for outstanding share options [axis]</link:label>
    <link:label id="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis_label_en-US" xlink:label="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ranges of exercise prices for outstanding share options [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:to="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate_019e89e6-1500-7f5d-bfad-a03a1b6904b7_terseLabel_en-US" xlink:label="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate_019e89e6-1500-7628-b47e-cd0695ccc9eb_totalLabel_en-US" xlink:label="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identifiable Assets Acquired Recognised As Of Acquisition Date</link:label>
    <link:label id="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Identifiable Assets Acquired Recognised As Of Acquisition Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:href="bn-20260630.xsd#bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:to="lab_bn_IdentifiableAssetsAcquiredRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_019e89e6-13c4-7677-8d5b-dd3427e9983b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Financial assets and other</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of financial instruments, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory_019e89e6-13c4-7910-95f8-bea9e96adbc2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of investments in associates</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interests in associates [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestsInAssociatesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestsInAssociatesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series48ClassAPreferredSharesMember_019e89e6-1500-7fbe-a7d6-9a8fca8b252c_terseLabel_en-US" xlink:label="lab_bn_Series48ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 48 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series48ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series48ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 48 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series48ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series48ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 48 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series48ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series48ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series48ClassAPreferredSharesMember" xlink:to="lab_bn_Series48ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_GasstorageassetsMember_019e89e6-13c4-71cc-a966-641c042945cc_terseLabel_en-US" xlink:label="lab_bn_GasstorageassetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gas storage assets [Member]</link:label>
    <link:label id="lab_bn_GasstorageassetsMember_label_en-US" xlink:label="lab_bn_GasstorageassetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gas storage assets [Member]</link:label>
    <link:label id="lab_bn_GasstorageassetsMember_documentation_en-US" xlink:label="lab_bn_GasstorageassetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gas storage assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_GasstorageassetsMember" xlink:href="bn-20260630.xsd#bn_GasstorageassetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_GasstorageassetsMember" xlink:to="lab_bn_GasstorageassetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_019e89e6-158c-7467-a2ed-9d610f222f87_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_019e89e6-1474-7712-b003-53696e6da9ec_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceAustraliaMember_019e89e6-158d-721a-986b-ca9c2b904753_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceAustraliaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Finance Australia [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceAustraliaMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceAustraliaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance Australia [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceAustraliaMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceAustraliaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance Australia</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceAustraliaMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceAustraliaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceAustraliaMember" xlink:to="lab_bn_BrookfieldFinanceAustraliaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent_019e89e6-13c4-7cb8-9c2b-fbc7cd8542d7_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent_019e89e6-13c4-72a6-a674-241a1ff98833_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shareholders</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract_019e89e6-1474-7c4b-8823-9104afd3d909_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Attributable to:</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series36ClassAPreferredSharesMember_019e89e6-13c4-746d-840c-dbf60b41dca8_terseLabel_en-US" xlink:label="lab_bn_Series36ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 36 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series36ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series36ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 36 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series36ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series36ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 36 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series36ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series36ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series36ClassAPreferredSharesMember" xlink:to="lab_bn_Series36ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DataAndOtherMember_019e89e6-13c4-7a2e-83ee-0683ca2354d1_terseLabel_en-US" xlink:label="lab_bn_DataAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Data and Other [Member]</link:label>
    <link:label id="lab_bn_DataAndOtherMember_label_en-US" xlink:label="lab_bn_DataAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Data and Other [Member]</link:label>
    <link:label id="lab_bn_DataAndOtherMember_documentation_en-US" xlink:label="lab_bn_DataAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Data and Other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DataAndOtherMember" xlink:href="bn-20260630.xsd#bn_DataAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DataAndOtherMember" xlink:to="lab_bn_DataAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_019e89e6-1474-72ae-9c6f-3f20445298d4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RenewablePowerAndTransitionMember_019e89e6-13c4-774f-b44f-3bfbfead514b_terseLabel_en-US" xlink:label="lab_bn_RenewablePowerAndTransitionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Energy</link:label>
    <link:label id="lab_bn_RenewablePowerAndTransitionMember_label_en-US" xlink:label="lab_bn_RenewablePowerAndTransitionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewable Power and Transition [Member]</link:label>
    <link:label id="lab_bn_RenewablePowerAndTransitionMember_documentation_en-US" xlink:label="lab_bn_RenewablePowerAndTransitionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Renewable Power [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RenewablePowerAndTransitionMember" xlink:href="bn-20260630.xsd#bn_RenewablePowerAndTransitionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RenewablePowerAndTransitionMember" xlink:to="lab_bn_RenewablePowerAndTransitionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_019e89e6-1474-7cf0-a380-e6c6def94de0_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings arranged</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from issue of bonds, notes and debentures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:to="lab_ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FinancialContractMember_019e89e6-1474-79f3-8523-ea087fd4f3fe_terseLabel_en-US" xlink:label="lab_bn_FinancialContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments</link:label>
    <link:label id="lab_bn_FinancialContractMember_label_en-US" xlink:label="lab_bn_FinancialContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Contract [Member]</link:label>
    <link:label id="lab_bn_FinancialContractMember_documentation_en-US" xlink:label="lab_bn_FinancialContractMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FinancialContractMember" xlink:href="bn-20260630.xsd#bn_FinancialContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FinancialContractMember" xlink:to="lab_bn_FinancialContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentPayables_019e89e6-1474-7711-a67b-dc5469e47563_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentPayables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current portion of accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_NoncurrentPayables_label_en-US" xlink:label="lab_ifrs-full_NoncurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other non-current payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPayables" xlink:to="lab_ifrs-full_NoncurrentPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_019e89e6-1500-7905-a155-8dd6ba2253c0_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value through profit or loss</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_USWindMember_019e89e6-1474-73c5-b67d-26180f1ceeba_terseLabel_en-US" xlink:label="lab_bn_USWindMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Wind [Member]</link:label>
    <link:label id="lab_bn_USWindMember_label_en-US" xlink:label="lab_bn_USWindMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U.S. Wind [Member]</link:label>
    <link:label id="lab_bn_USWindMember_documentation_en-US" xlink:label="lab_bn_USWindMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">U.S. Wind</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_USWindMember" xlink:href="bn-20260630.xsd#bn_USWindMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_USWindMember" xlink:to="lab_bn_USWindMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PartnerManagersMember_019e89e6-1474-72cf-89e3-05451eaf54bf_terseLabel_en-US" xlink:label="lab_bn_PartnerManagersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partner managers</link:label>
    <link:label id="lab_bn_PartnerManagersMember_label_en-US" xlink:label="lab_bn_PartnerManagersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partner managers [Member]</link:label>
    <link:label id="lab_bn_PartnerManagersMember_documentation_en-US" xlink:label="lab_bn_PartnerManagersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Partner managers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PartnerManagersMember" xlink:href="bn-20260630.xsd#bn_PartnerManagersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PartnerManagersMember" xlink:to="lab_bn_PartnerManagersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_019e89e6-1500-76dd-932f-fc8e2967f80d_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_MantiqueiraMember_019e89e6-1500-7675-ad43-2f69b915bc9a_terseLabel_en-US" xlink:label="lab_bn_MantiqueiraMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mantiqueira [Member]</link:label>
    <link:label id="lab_bn_MantiqueiraMember_label_en-US" xlink:label="lab_bn_MantiqueiraMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mantiqueira [Member]</link:label>
    <link:label id="lab_bn_MantiqueiraMember_documentation_en-US" xlink:label="lab_bn_MantiqueiraMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mantiqueira</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_MantiqueiraMember" xlink:href="bn-20260630.xsd#bn_MantiqueiraMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_MantiqueiraMember" xlink:to="lab_bn_MantiqueiraMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_019e89e6-1500-7e4b-b946-05895fc8d70b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Common shares repurchased</link:label>
    <link:label id="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_label_en-US" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to acquire or redeem entity's shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory_019e89e6-13c4-7343-861a-6353be56aa11_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for transactions with related parties [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for transactions with related parties [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet_019e89e6-1474-74ed-be1b-a413fc602797_negatedTerseLabel_en-US" xlink:label="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Add: Real Estate segment adjustment and other, net</link:label>
    <link:label id="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet_label_en-US" xlink:label="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Add: Real Estate segment adjustment and other, net</link:label>
    <link:label id="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet_documentation_en-US" xlink:label="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Add: Real Estate segment adjustment and other, net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AddRealEstateSegmentAdjustmentAndOtherNet" xlink:href="bn-20260630.xsd#bn_AddRealEstateSegmentAdjustmentAndOtherNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AddRealEstateSegmentAdjustmentAndOtherNet" xlink:to="lab_bn_AddRealEstateSegmentAdjustmentAndOtherNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterests_019e89e6-1500-7585-9e90-4ba861cc7e21_verboseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Distributions paid to non-controlling interests in common equity</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:to="lab_ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock_019e89e6-1500-70eb-bbf0-daa0e1427d2e_verboseLabel_en-US" xlink:label="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock_label_en-US" xlink:label="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Gains (Losses) [Table Text Block]</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Gains (Losses) [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfFairValueGainsLossesTableTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureOfFairValueGainsLossesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfFairValueGainsLossesTableTextBlock" xlink:to="lab_bn_DisclosureOfFairValueGainsLossesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OaktreeMember_019e89e6-13c4-7481-bb4a-8725efc51ceb_terseLabel_en-US" xlink:label="lab_bn_OaktreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Oaktree [Member]</link:label>
    <link:label id="lab_bn_OaktreeMember_label_en-US" xlink:label="lab_bn_OaktreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Oaktree [Member]</link:label>
    <link:label id="lab_bn_OaktreeMember_documentation_en-US" xlink:label="lab_bn_OaktreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Oaktree [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OaktreeMember" xlink:href="bn-20260630.xsd#bn_OaktreeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OaktreeMember" xlink:to="lab_bn_OaktreeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DirectOperatingExpenseFromInvestmentProperty_019e89e6-13c4-7958-9216-2d421a5d4538_terseLabel_en-US" xlink:label="lab_ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Direct operating expense from investment property</link:label>
    <link:label id="lab_ifrs-full_DirectOperatingExpenseFromInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Direct operating expense from investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DirectOperatingExpenseFromInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:to="lab_ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_019e89e6-1500-748c-8e54-e5828bae2d0e_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for provisions [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory_019e89e6-1474-76a6-b961-ba8c2ffdaa4e_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for subsidiaries [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for subsidiaries [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForSubsidiariesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RentalIncomeFromInvestmentProperty_019e89e6-158c-7774-94fd-f0d8b5aab033_terseLabel_en-US" xlink:label="lab_ifrs-full_RentalIncomeFromInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental income from investment property</link:label>
    <link:label id="lab_ifrs-full_RentalIncomeFromInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_RentalIncomeFromInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental income from investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RentalIncomeFromInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RentalIncomeFromInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RentalIncomeFromInvestmentProperty" xlink:to="lab_ifrs-full_RentalIncomeFromInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_019e89e6-158c-7ced-91be-20ab69411149_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_US3556US4662Member_019e89e6-1474-73b3-908b-ad2f54f0029d_terseLabel_en-US" xlink:label="lab_bn_US3556US4662Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US$35.56 &#8211; US$46.62 [Member]</link:label>
    <link:label id="lab_bn_US3556US4662Member_label_en-US" xlink:label="lab_bn_US3556US4662Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US$35.56 &#8211; US$46.62 [Member]</link:label>
    <link:label id="lab_bn_US3556US4662Member_documentation_en-US" xlink:label="lab_bn_US3556US4662Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">US$35.56 &#8211; US$46.62</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_US3556US4662Member" xlink:href="bn-20260630.xsd#bn_US3556US4662Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_US3556US4662Member" xlink:to="lab_bn_US3556US4662Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_019e89e6-1474-7901-bfca-595cf2406692_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_GermanOfficePortfolioMember_019e89e6-13c4-7566-bd70-a95be0035168_terseLabel_en-US" xlink:label="lab_bn_GermanOfficePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">German Office Portfolio</link:label>
    <link:label id="lab_bn_GermanOfficePortfolioMember_label_en-US" xlink:label="lab_bn_GermanOfficePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">German Office Portfolio [Member]</link:label>
    <link:label id="lab_bn_GermanOfficePortfolioMember_documentation_en-US" xlink:label="lab_bn_GermanOfficePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">German Office Portfolio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_GermanOfficePortfolioMember" xlink:href="bn-20260630.xsd#bn_GermanOfficePortfolioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_GermanOfficePortfolioMember" xlink:to="lab_bn_GermanOfficePortfolioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable_019e89e6-1474-799f-b06f-f00ac0f38803_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_019e89e6-158d-7137-926a-ac4233ae0de1_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series30ClassAPreferredSharesMember_019e89e6-1474-7b4c-bc78-86fb3c4f6aed_terseLabel_en-US" xlink:label="lab_bn_Series30ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 30 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series30ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series30ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 30 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series30ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series30ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 30 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series30ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series30ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series30ClassAPreferredSharesMember" xlink:to="lab_bn_Series30ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UnrealizedFVTOCILossMember_019e89e6-1474-79f4-bcb1-05a8403bfa97_terseLabel_en-US" xlink:label="lab_bn_UnrealizedFVTOCILossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized Available-for-Sale Loss</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCILossMember_label_en-US" xlink:label="lab_bn_UnrealizedFVTOCILossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Loss [Member]</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCILossMember_documentation_en-US" xlink:label="lab_bn_UnrealizedFVTOCILossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Loss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UnrealizedFVTOCILossMember" xlink:href="bn-20260630.xsd#bn_UnrealizedFVTOCILossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UnrealizedFVTOCILossMember" xlink:to="lab_bn_UnrealizedFVTOCILossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_019e89e6-1474-7c5b-915e-49b7130beb64_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_019e89e6-1474-74e0-8ae9-0ecc2ef4525f_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OpportunisticMember_019e89e6-1500-7d6b-9ac9-a8e04709a2f9_terseLabel_en-US" xlink:label="lab_bn_OpportunisticMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Opportunistic</link:label>
    <link:label id="lab_bn_OpportunisticMember_label_en-US" xlink:label="lab_bn_OpportunisticMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Opportunistic [Member]</link:label>
    <link:label id="lab_bn_OpportunisticMember_documentation_en-US" xlink:label="lab_bn_OpportunisticMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Opportunistic</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OpportunisticMember" xlink:href="bn-20260630.xsd#bn_OpportunisticMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OpportunisticMember" xlink:to="lab_bn_OpportunisticMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CapitalManagementAxis_019e89e6-1500-7bdb-8450-3d6c78dc6410_terseLabel_en-US" xlink:label="lab_bn_CapitalManagementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Management [Axis]</link:label>
    <link:label id="lab_bn_CapitalManagementAxis_label_en-US" xlink:label="lab_bn_CapitalManagementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Management [Axis]</link:label>
    <link:label id="lab_bn_CapitalManagementAxis_documentation_en-US" xlink:label="lab_bn_CapitalManagementAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CapitalManagementAxis" xlink:href="bn-20260630.xsd#bn_CapitalManagementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CapitalManagementAxis" xlink:to="lab_bn_CapitalManagementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DistributionnetworksMember_019e89e6-1474-7e3a-ab40-e613fa3a0671_terseLabel_en-US" xlink:label="lab_bn_DistributionnetworksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distribution networks [Member]</link:label>
    <link:label id="lab_bn_DistributionnetworksMember_label_en-US" xlink:label="lab_bn_DistributionnetworksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distribution networks [Member]</link:label>
    <link:label id="lab_bn_DistributionnetworksMember_documentation_en-US" xlink:label="lab_bn_DistributionnetworksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Distribution networks [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DistributionnetworksMember" xlink:href="bn-20260630.xsd#bn_DistributionnetworksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DistributionnetworksMember" xlink:to="lab_bn_DistributionnetworksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_019e89e6-1500-75a7-9ed7-22a7be132366_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of preparation</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of basis of preparation of financial statements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_019e89e6-13c4-7711-944e-091a764c1524_totalLabel_en-US" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net amount of financial instruments in Consolidated Balance Sheets</link:label>
    <link:label id="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_label_en-US" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement_019e89e6-13c4-74a4-9dcb-f0d21d932632_terseLabel_en-US" xlink:label="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vested (in shares)</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Share Options Vested In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Share Options Vested In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement" xlink:to="lab_bn_NumberOfShareOptionsVestedInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealizedDispositionGainLossinFairValueChanges_019e89e6-1500-717a-a040-02d6a33e76d0_terseLabel_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinFairValueChanges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Fair Value Changes</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossinFairValueChanges_label_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinFairValueChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Fair Value Changes</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossinFairValueChanges_documentation_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinFairValueChanges" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Fair Value Changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealizedDispositionGainLossinFairValueChanges" xlink:href="bn-20260630.xsd#bn_RealizedDispositionGainLossinFairValueChanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealizedDispositionGainLossinFairValueChanges" xlink:to="lab_bn_RealizedDispositionGainLossinFairValueChanges" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember_019e89e6-13c4-74f8-9693-7c2b7ea35b37_terseLabel_en-US" xlink:label="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Stock Units and Restricted Stock Units</link:label>
    <link:label id="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember_label_en-US" xlink:label="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Stock Units and Restricted Stock Units [Member]</link:label>
    <link:label id="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember_documentation_en-US" xlink:label="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Stock Units and Restricted Stock Units [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DeferredStockUnitsandRestrictedStockUnitsMember" xlink:href="bn-20260630.xsd#bn_DeferredStockUnitsandRestrictedStockUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DeferredStockUnitsandRestrictedStockUnitsMember" xlink:to="lab_bn_DeferredStockUnitsandRestrictedStockUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A400390UnsecuredNotesDue2028Member_019e89e6-13c4-7bef-beaf-565b5bccce17_terseLabel_en-US" xlink:label="lab_bn_A400390UnsecuredNotesDue2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$400 3.90% Unsecured Notes Due 2028</link:label>
    <link:label id="lab_bn_A400390UnsecuredNotesDue2028Member_label_en-US" xlink:label="lab_bn_A400390UnsecuredNotesDue2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$400 3.90% Unsecured Notes Due 2028 [Member]</link:label>
    <link:label id="lab_bn_A400390UnsecuredNotesDue2028Member_documentation_en-US" xlink:label="lab_bn_A400390UnsecuredNotesDue2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$400 3.90% Unsecured Notes Due 2028</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A400390UnsecuredNotesDue2028Member" xlink:href="bn-20260630.xsd#bn_A400390UnsecuredNotesDue2028Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A400390UnsecuredNotesDue2028Member" xlink:to="lab_bn_A400390UnsecuredNotesDue2028Member" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_019e89e6-13c4-7604-a4e1-9998d4e07bef_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Assets_019e89e6-1500-7b47-a35f-63683d609f97_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ifrs-full_Assets_019e89e6-1500-75cd-97e9-cdb2861505c9_terseLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_019e89e6-13c4-7ad3-ad78-33f18e3f73d2_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense arising from cash-settled share-based payment transactions</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from cash-settled share-based payment transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="lab_ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingLeaseIncome_019e89e6-1500-7b1e-8cb4-715f6ec88c2d_terseLabel_en-US" xlink:label="lab_ifrs-full_OperatingLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating lease income</link:label>
    <link:label id="lab_ifrs-full_OperatingLeaseIncome_label_en-US" xlink:label="lab_ifrs-full_OperatingLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating lease income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingLeaseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingLeaseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingLeaseIncome" xlink:to="lab_ifrs-full_OperatingLeaseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CoreTDRealEstateMember_019e89e6-1474-78e1-a9b4-a9ccf80e8cb2_terseLabel_en-US" xlink:label="lab_bn_CoreTDRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Core &amp; T&amp;D (Real Estate) [Member]</link:label>
    <link:label id="lab_bn_CoreTDRealEstateMember_label_en-US" xlink:label="lab_bn_CoreTDRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Core &amp; T&amp;D (Real Estate) [Member]</link:label>
    <link:label id="lab_bn_CoreTDRealEstateMember_documentation_en-US" xlink:label="lab_bn_CoreTDRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Core &amp; T&amp;D (Real Estate)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CoreTDRealEstateMember" xlink:href="bn-20260630.xsd#bn_CoreTDRealEstateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CoreTDRealEstateMember" xlink:to="lab_bn_CoreTDRealEstateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_019e89e6-158d-7e93-8122-23e404d38afc_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for income tax [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for income tax [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain_019e89e6-13c4-75e6-a814-26b452aadacb_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates [domain]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherCountriesMember_019e89e6-1500-7bfc-8888-7ba7397f9c54_terseLabel_en-US" xlink:label="lab_bn_OtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_bn_OtherCountriesMember_label_en-US" xlink:label="lab_bn_OtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Countries [Member]</link:label>
    <link:label id="lab_bn_OtherCountriesMember_documentation_en-US" xlink:label="lab_bn_OtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Countries [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherCountriesMember" xlink:href="bn-20260630.xsd#bn_OtherCountriesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherCountriesMember" xlink:to="lab_bn_OtherCountriesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_MidstreamMember_019e89e6-1500-760c-bcb5-03ed66741afd_terseLabel_en-US" xlink:label="lab_bn_MidstreamMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Midstream [Member]</link:label>
    <link:label id="lab_bn_MidstreamMember_label_en-US" xlink:label="lab_bn_MidstreamMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Midstream [Member]</link:label>
    <link:label id="lab_bn_MidstreamMember_documentation_en-US" xlink:label="lab_bn_MidstreamMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Midstream</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_MidstreamMember" xlink:href="bn-20260630.xsd#bn_MidstreamMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_MidstreamMember" xlink:to="lab_bn_MidstreamMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_019e89e6-158d-7163-b3df-313cce67e891_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for business combinations [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory_019e89e6-1500-7c02-8f21-676fb9dd22bc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of finance lease payments receivable [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of finance lease payments receivable [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_019e89e6-1474-739a-98d9-cb3e110269b4_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for goodwill [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for goodwill [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_EquityMethodInvesteeNameDomain_019e89e6-1500-7740-960a-6e679b33f077_terseLabel_en-US" xlink:label="lab_srt_EquityMethodInvesteeNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_srt_EquityMethodInvesteeNameDomain_label_en-US" xlink:label="lab_srt_EquityMethodInvesteeNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_EquityMethodInvesteeNameDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_EquityMethodInvesteeNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EquityMethodInvesteeNameDomain" xlink:to="lab_srt_EquityMethodInvesteeNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentInventories_019e89e6-13c4-764b-a570-b03ea08d61bf_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentInventories" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current portion of inventory</link:label>
    <link:label id="lab_ifrs-full_NoncurrentInventories_label_en-US" xlink:label="lab_ifrs-full_NoncurrentInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentInventories" xlink:to="lab_ifrs-full_NoncurrentInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_019e89e6-1474-764f-8fbd-aa420bb6c62b_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentPropertyMember_019e89e6-1474-70b4-ba34-cbcc151901b0_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment property [member]</link:label>
    <link:label id="lab_ifrs-full_InvestmentPropertyMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment property [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentPropertyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentPropertyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentPropertyMember" xlink:to="lab_ifrs-full_InvestmentPropertyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A500425UnsecuredNotesDue2026Member_019e89e6-1500-774c-93c1-af71ce15f76d_terseLabel_en-US" xlink:label="lab_bn_A500425UnsecuredNotesDue2026Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$500 4.25% Unsecured Notes Due 2026</link:label>
    <link:label id="lab_bn_A500425UnsecuredNotesDue2026Member_label_en-US" xlink:label="lab_bn_A500425UnsecuredNotesDue2026Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$500 4.25% Unsecured Notes Due 2026 [Member]</link:label>
    <link:label id="lab_bn_A500425UnsecuredNotesDue2026Member_documentation_en-US" xlink:label="lab_bn_A500425UnsecuredNotesDue2026Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2026 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A500425UnsecuredNotesDue2026Member" xlink:href="bn-20260630.xsd#bn_A500425UnsecuredNotesDue2026Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A500425UnsecuredNotesDue2026Member" xlink:to="lab_bn_A500425UnsecuredNotesDue2026Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_019e89e6-1474-72da-abfc-a252c8ebe9da_terseLabel_en-US" xlink:label="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goods or services transferred at point in time [member]</link:label>
    <link:label id="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_label_en-US" xlink:label="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goods or services transferred at point in time [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:to="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_019e89e6-1474-7e99-8022-fc3c0209cd8f_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:to="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember_019e89e6-1500-7c9f-a5b4-07fd1b51303c_verboseLabel_en-US" xlink:label="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Individually immaterial subsidiaries with non-controlling interests</link:label>
    <link:label id="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember_label_en-US" xlink:label="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries With Immaterial Non-controlling Interests [Member]</link:label>
    <link:label id="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember_documentation_en-US" xlink:label="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiaries With Immaterial Non-controlling Interests [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember" xlink:href="bn-20260630.xsd#bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember" xlink:to="lab_bn_SubsidiariesWithImmaterialNoncontrollingInterestsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Revenue_019e89e6-1474-7d34-9ebe-c7885064767d_totalLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_ifrs-full_Revenue_019e89e6-1474-76f9-ae4e-89efb0f54bfc_terseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_ifrs-full_Revenue_label_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Revenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember_019e89e6-1474-7bc3-b5bd-d000e4628985_terseLabel_en-US" xlink:label="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Through OCI</link:label>
    <link:label id="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember_label_en-US" xlink:label="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through other comprehensive income [Member]</link:label>
    <link:label id="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember_documentation_en-US" xlink:label="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through other comprehensive income [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember" xlink:href="bn-20260630.xsd#bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember" xlink:to="lab_bn_FinancialliabilitiesatfairvaluethroughothercomprehensiveincomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract_019e89e6-1474-7c2a-98e5-5fd8ba3ea1d8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UtilitiesMember_019e89e6-1474-7faa-b647-125f01dcd2ed_terseLabel_en-US" xlink:label="lab_bn_UtilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Utilities [Member]</link:label>
    <link:label id="lab_bn_UtilitiesMember_label_en-US" xlink:label="lab_bn_UtilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Utilities [Member]</link:label>
    <link:label id="lab_bn_UtilitiesMember_documentation_en-US" xlink:label="lab_bn_UtilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Utilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UtilitiesMember" xlink:href="bn-20260630.xsd#bn_UtilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UtilitiesMember" xlink:to="lab_bn_UtilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_019e89e6-1500-700a-b039-f57feac6376a_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LaTrobeMember_019e89e6-1500-7511-9047-fc2c3e24caeb_terseLabel_en-US" xlink:label="lab_bn_LaTrobeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">La Trobe [Member]</link:label>
    <link:label id="lab_bn_LaTrobeMember_label_en-US" xlink:label="lab_bn_LaTrobeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">La Trobe [Member]</link:label>
    <link:label id="lab_bn_LaTrobeMember_documentation_en-US" xlink:label="lab_bn_LaTrobeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">La Trobe Financial Services Pty</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LaTrobeMember" xlink:href="bn-20260630.xsd#bn_LaTrobeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LaTrobeMember" xlink:to="lab_bn_LaTrobeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_019e89e6-1500-780e-8933-1a5240ebce85_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Share Capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_label_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapitalMember" xlink:to="lab_ifrs-full_IssuedCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_019e89e6-1500-7bad-b8eb-6871d5bf5ddb_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current portion of corporate borrowings</link:label>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_label_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermBorrowings" xlink:to="lab_ifrs-full_ShorttermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DexkoMember_019e89e6-1474-7359-96ed-8acb659dadf3_terseLabel_en-US" xlink:label="lab_bn_DexkoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dexko [Member]</link:label>
    <link:label id="lab_bn_DexkoMember_label_en-US" xlink:label="lab_bn_DexkoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dexko [Member]</link:label>
    <link:label id="lab_bn_DexkoMember_documentation_en-US" xlink:label="lab_bn_DexkoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dexko</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DexkoMember" xlink:href="bn-20260630.xsd#bn_DexkoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DexkoMember" xlink:to="lab_bn_DexkoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherReservesMember_019e89e6-1474-78a2-a531-f091194db0f6_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Reserves2</link:label>
    <link:label id="lab_ifrs-full_OtherReservesMember_label_en-US" xlink:label="lab_ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other reserves [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherReservesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherReservesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherReservesMember" xlink:to="lab_ifrs-full_OtherReservesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory_019e89e6-158d-7d69-a097-2ea8941751f8_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investment property [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investment property [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_US40.19Member_019e89e6-1474-71fd-82b0-2ffcdcbcc3a3_terseLabel_en-US" xlink:label="lab_bn_US40.19Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US$40.19</link:label>
    <link:label id="lab_bn_US40.19Member_label_en-US" xlink:label="lab_bn_US40.19Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US$40.19 [Member]</link:label>
    <link:label id="lab_bn_US40.19Member_documentation_en-US" xlink:label="lab_bn_US40.19Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">US$40.19[Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_US40.19Member" xlink:href="bn-20260630.xsd#bn_US40.19Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_US40.19Member" xlink:to="lab_bn_US40.19Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted_019e89e6-158c-75c5-b7d8-e3bf728534f6_terseLabel_en-US" xlink:label="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of instruments granted in share-based payment arrangement, converted</link:label>
    <link:label id="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted_label_en-US" xlink:label="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of instruments granted in share-based payment arrangement, converted</link:label>
    <link:label id="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted_documentation_en-US" xlink:label="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of instruments granted in share-based payment arrangement, converted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted" xlink:href="bn-20260630.xsd#bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted" xlink:to="lab_bn_NumberOfInstrumentsGrantedInShareBasedPaymentArrangementConverted" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_019e89e6-1474-7049-8cb5-766d97695fe2_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_019e89e6-1474-7927-83fd-74da7d8b17ec_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HELD FOR SALE</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-current assets or disposal groups classified as held for sale [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CogenerationUnitsMember_019e89e6-1474-7641-9d67-2bf469108052_terseLabel_en-US" xlink:label="lab_bn_CogenerationUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cogeneration Units [Member]</link:label>
    <link:label id="lab_bn_CogenerationUnitsMember_label_en-US" xlink:label="lab_bn_CogenerationUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cogeneration Units [Member]</link:label>
    <link:label id="lab_bn_CogenerationUnitsMember_documentation_en-US" xlink:label="lab_bn_CogenerationUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cogeneration Units [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CogenerationUnitsMember" xlink:href="bn-20260630.xsd#bn_CogenerationUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CogenerationUnitsMember" xlink:to="lab_bn_CogenerationUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EquitySettledEscrowedStockPlanMember_019e89e6-1474-79d9-9429-70ffcb09cbd8_terseLabel_en-US" xlink:label="lab_bn_EquitySettledEscrowedStockPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Escrowed Stock Plan</link:label>
    <link:label id="lab_bn_EquitySettledEscrowedStockPlanMember_label_en-US" xlink:label="lab_bn_EquitySettledEscrowedStockPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Settled Escrowed Stock Plan [Member]</link:label>
    <link:label id="lab_bn_EquitySettledEscrowedStockPlanMember_documentation_en-US" xlink:label="lab_bn_EquitySettledEscrowedStockPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Settled Escrowed Stock Plan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EquitySettledEscrowedStockPlanMember" xlink:href="bn-20260630.xsd#bn_EquitySettledEscrowedStockPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EquitySettledEscrowedStockPlanMember" xlink:to="lab_bn_EquitySettledEscrowedStockPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_019e89e6-13c4-79b6-90ba-819746c0318a_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average share price for share options in share-based payment arrangement exercised during period at date of exercise</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average share price for share options in share-based payment arrangement exercised during period at date of exercise</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems_019e89e6-1500-747d-abf0-fa848413fea7_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurements Of Assets And Liabilities [Table] [Line Items]</link:label>
    <link:label id="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems_label_en-US" xlink:label="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurements Of Assets And Liabilities [Table] [Line Items]</link:label>
    <link:label id="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems_documentation_en-US" xlink:label="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurements Of Assets And Liabilities [Table] [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems" xlink:href="bn-20260630.xsd#bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems" xlink:to="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LiquidityDiscount_019e89e6-1500-769a-89ac-420eacbbc577_terseLabel_en-US" xlink:label="lab_bn_LiquidityDiscount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liquidity Discount</link:label>
    <link:label id="lab_bn_LiquidityDiscount_label_en-US" xlink:label="lab_bn_LiquidityDiscount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity Discount</link:label>
    <link:label id="lab_bn_LiquidityDiscount_documentation_en-US" xlink:label="lab_bn_LiquidityDiscount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liquidity Discount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LiquidityDiscount" xlink:href="bn-20260630.xsd#bn_LiquidityDiscount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LiquidityDiscount" xlink:to="lab_bn_LiquidityDiscount" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TotalSegmentMeasuresOfProfitAndLoss_019e89e6-1500-74e0-a909-dd40b8e86fd1_terseLabel_en-US" xlink:label="lab_bn_TotalSegmentMeasuresOfProfitAndLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total segment measures of profit and loss</link:label>
    <link:label id="lab_bn_TotalSegmentMeasuresOfProfitAndLoss_label_en-US" xlink:label="lab_bn_TotalSegmentMeasuresOfProfitAndLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total segment measures of profit and loss</link:label>
    <link:label id="lab_bn_TotalSegmentMeasuresOfProfitAndLoss_documentation_en-US" xlink:label="lab_bn_TotalSegmentMeasuresOfProfitAndLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total segment measures of profit and loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TotalSegmentMeasuresOfProfitAndLoss" xlink:href="bn-20260630.xsd#bn_TotalSegmentMeasuresOfProfitAndLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TotalSegmentMeasuresOfProfitAndLoss" xlink:to="lab_bn_TotalSegmentMeasuresOfProfitAndLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate_019e89e6-1474-76c9-88ff-c6471c34d770_terseLabel_en-US" xlink:label="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit (loss) of acquired entities since acquisition date</link:label>
    <link:label id="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate_label_en-US" xlink:label="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) of acquired entities since acquisition date</link:label>
    <link:label id="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate_documentation_en-US" xlink:label="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Profit (loss) of acquired entities since acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Profitlossofacquiredentitiessinceacquisitiondate" xlink:href="bn-20260630.xsd#bn_Profitlossofacquiredentitiessinceacquisitiondate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Profitlossofacquiredentitiessinceacquisitiondate" xlink:to="lab_bn_Profitlossofacquiredentitiessinceacquisitiondate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorporateSegmentMember_019e89e6-158c-7916-97c6-accf55449cc1_terseLabel_en-US" xlink:label="lab_bn_CorporateSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Activities</link:label>
    <link:label id="lab_bn_CorporateSegmentMember_label_en-US" xlink:label="lab_bn_CorporateSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Segment [Member]</link:label>
    <link:label id="lab_bn_CorporateSegmentMember_documentation_en-US" xlink:label="lab_bn_CorporateSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Segment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorporateSegmentMember" xlink:href="bn-20260630.xsd#bn_CorporateSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorporateSegmentMember" xlink:to="lab_bn_CorporateSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_019e89e6-1474-7288-8103-14c937ab99b1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_019e89e6-1474-72a5-8d90-119a27064f7c_negatedLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dispositions and assets reclassified as held for sale</link:label>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019_019e89e6-1500-7829-bb9a-f1d71d5d36e4_terseLabel_en-US" xlink:label="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise price of outstanding share options</link:label>
    <link:label id="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019_label_en-US" xlink:label="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise price of outstanding share options</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExercisePriceOfOutstandingShareOptions2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:to="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfCurrentBorrowings_019e89e6-1500-70f1-a9a3-ee3bddc1cab7_terseLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayments of current borrowings</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfCurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfCurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="lab_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAbstract_019e89e6-1474-7bf9-a7fc-a74ba63cfcf5_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CDKGlobalMember_019e89e6-1500-74d7-a02a-3ac7d6789e33_terseLabel_en-US" xlink:label="lab_bn_CDKGlobalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CDK Global [Member]</link:label>
    <link:label id="lab_bn_CDKGlobalMember_label_en-US" xlink:label="lab_bn_CDKGlobalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CDK Global [Member]</link:label>
    <link:label id="lab_bn_CDKGlobalMember_documentation_en-US" xlink:label="lab_bn_CDKGlobalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CDK Global</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CDKGlobalMember" xlink:href="bn-20260630.xsd#bn_CDKGlobalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CDKGlobalMember" xlink:to="lab_bn_CDKGlobalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_019e89e6-13c4-7fe5-9bd9-e25d242dcc62_terseLabel_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, liabilities</link:label>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_label_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:to="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate_019e89e6-1474-7d91-831c-4e4f52c865c3_terseLabel_en-US" xlink:label="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:label id="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate_label_en-US" xlink:label="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable and Other Recognized as of Acquisition Date</link:label>
    <link:label id="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate_documentation_en-US" xlink:label="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounts Receivable and Other Recognized as of Acquisition Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate" xlink:href="bn-20260630.xsd#bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate" xlink:to="lab_bn_AccountsReceivableandOtherRecognizedasofAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased_019e89e6-1500-79d5-b64b-1f6c42213ce5_terseLabel_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares purchased (in shares)</link:label>
    <link:label id="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased_label_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement by Share-based Payment Award, Number of Shares Purchased</link:label>
    <link:label id="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased_documentation_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement by Share-based Payment Award, Number of Shares Purchased</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased" xlink:href="bn-20260630.xsd#bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased" xlink:to="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesPurchased" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019_019e89e6-1474-7623-bef5-ef16177056d1_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average share price, share options granted</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average share price, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:to="lab_ifrs-full_WeightedAverageSharePriceShareOptionsGranted2019" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale_019e89e6-13c4-7980-a7f1-a7bbd01a4c9d_terseLabel_en-US" xlink:label="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in cash classified within assets held for sale</link:label>
    <link:label id="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale_label_en-US" xlink:label="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net change in cash classified within assets held for sale</link:label>
    <link:label id="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale_documentation_en-US" xlink:label="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net change in cash classified within assets held for sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Netchangeincashclassifiedwithinassetsheldforsale" xlink:href="bn-20260630.xsd#bn_Netchangeincashclassifiedwithinassetsheldforsale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Netchangeincashclassifiedwithinassetsheldforsale" xlink:to="lab_bn_Netchangeincashclassifiedwithinassetsheldforsale" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_019e89e6-1474-765e-9af1-943a5fbb0674_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TitleOfIndividual1Domain_019e89e6-158c-7b27-9d44-62f9eab19aef_terseLabel_en-US" xlink:label="lab_bn_TitleOfIndividual1Domain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title Of Individual1 [Domain]</link:label>
    <link:label id="lab_bn_TitleOfIndividual1Domain_label_en-US" xlink:label="lab_bn_TitleOfIndividual1Domain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title Of Individual1 [Domain]</link:label>
    <link:label id="lab_bn_TitleOfIndividual1Domain_documentation_en-US" xlink:label="lab_bn_TitleOfIndividual1Domain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Title Of Individual1 [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TitleOfIndividual1Domain" xlink:href="bn-20260630.xsd#bn_TitleOfIndividual1Domain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TitleOfIndividual1Domain" xlink:to="lab_bn_TitleOfIndividual1Domain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment_019e89e6-13c4-7391-b8da-32423acac54d_terseLabel_en-US" xlink:label="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average remaining duration, property, plant, and equipment</link:label>
    <link:label id="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment_label_en-US" xlink:label="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted-average remaining duration, property, plant, and equipment</link:label>
    <link:label id="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment_documentation_en-US" xlink:label="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted-average remaining duration, property, plant, and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Weightedaverageremainingdurationpropertyplantandequipment" xlink:href="bn-20260630.xsd#bn_Weightedaverageremainingdurationpropertyplantandequipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Weightedaverageremainingdurationpropertyplantandequipment" xlink:to="lab_bn_Weightedaverageremainingdurationpropertyplantandequipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract_019e89e6-1474-7188-b35a-5e401d5b6279_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less:</link:label>
    <link:label id="lab_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract_label_en-US" xlink:label="lab_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional disclosures for amounts recognised as of acquisition date for each major class of assets acquired and liabilities assumed [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:to="lab_ifrs-full_AdditionalDisclosuresForAmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty_019e89e6-1500-7131-bd35-2dda38f23591_terseLabel_en-US" xlink:label="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount Rate</link:label>
    <link:label id="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty_label_en-US" xlink:label="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount rate applied to cash flow projections, investment property</link:label>
    <link:label id="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty_documentation_en-US" xlink:label="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discount rate applied to cash flow projections, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty" xlink:href="bn-20260630.xsd#bn_Discountrateappliedtocashflowprojectionsinvestmentproperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty" xlink:to="lab_bn_Discountrateappliedtocashflowprojectionsinvestmentproperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities_019e89e6-1500-74c2-b561-7caf452e93b2_terseLabel_en-US" xlink:label="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current portion of non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities_label_en-US" xlink:label="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current portion of non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities_documentation_en-US" xlink:label="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current portion of non-recourse borrowings of managed entities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Currentportionofnonrecourseborrowingsofmanagedentities" xlink:href="bn-20260630.xsd#bn_Currentportionofnonrecourseborrowingsofmanagedentities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Currentportionofnonrecourseborrowingsofmanagedentities" xlink:to="lab_bn_Currentportionofnonrecourseborrowingsofmanagedentities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_019e89e6-13c4-7b56-919d-6b322d4a801b_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_019e89e6-13c4-7a90-8b86-014169dea98c_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationLineItems_019e89e6-158d-7d6d-a9f2-81004360b3c1_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:label id="lab_dei_DocumentInformationLineItems_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems" xlink:to="lab_dei_DocumentInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod_019e89e6-1474-7a15-bd73-d420acd071f0_terseLabel_en-US" xlink:label="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful Lives Or Amortisation Rates, Intangible Assets Other Than Goodwill, Period</link:label>
    <link:label id="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod_label_en-US" xlink:label="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful Lives Or Amortisation Rates, Intangible Assets Other Than Goodwill, Period</link:label>
    <link:label id="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod_documentation_en-US" xlink:label="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Useful Lives Or Amortisation Rates, Intangible Assets Other Than Goodwill, Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod" xlink:href="bn-20260630.xsd#bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod" xlink:to="lab_bn_UsefulLivesOrAmortisationRatesIntangibleAssetsOtherThanGoodwillPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_GeronimoMember_019e89e6-13c4-72be-a221-0f61718e5109_terseLabel_en-US" xlink:label="lab_bn_GeronimoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geronimo [Member]</link:label>
    <link:label id="lab_bn_GeronimoMember_label_en-US" xlink:label="lab_bn_GeronimoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geronimo [Member]</link:label>
    <link:label id="lab_bn_GeronimoMember_documentation_en-US" xlink:label="lab_bn_GeronimoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geronimo</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_GeronimoMember" xlink:href="bn-20260630.xsd#bn_GeronimoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_GeronimoMember" xlink:to="lab_bn_GeronimoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_019e89e6-1500-7782-8b65-0924f191944e_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for recognition of revenue [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for recognition of revenue [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AcquisitionsAbstract_019e89e6-1500-7065-91ea-fdaf6a24877d_terseLabel_en-US" xlink:label="lab_bn_AcquisitionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_bn_AcquisitionsAbstract_label_en-US" xlink:label="lab_bn_AcquisitionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions [Abstract]</link:label>
    <link:label id="lab_bn_AcquisitionsAbstract_documentation_en-US" xlink:label="lab_bn_AcquisitionsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisitions [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AcquisitionsAbstract" xlink:href="bn-20260630.xsd#bn_AcquisitionsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AcquisitionsAbstract" xlink:to="lab_bn_AcquisitionsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty_019e89e6-158d-726b-b086-865fb2e42bc4_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions from acquisitions, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsFromAcquisitionsInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty" xlink:to="lab_ifrs-full_AdditionsFromAcquisitionsInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_USDistributedGenerationPortfolioMember_019e89e6-13c4-7d84-89ef-33820f655d64_terseLabel_en-US" xlink:label="lab_bn_USDistributedGenerationPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US Distributed Generation Portfolio</link:label>
    <link:label id="lab_bn_USDistributedGenerationPortfolioMember_label_en-US" xlink:label="lab_bn_USDistributedGenerationPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US Distributed Generation Portfolio [Member]</link:label>
    <link:label id="lab_bn_USDistributedGenerationPortfolioMember_documentation_en-US" xlink:label="lab_bn_USDistributedGenerationPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">US Distributed Generation Portfolio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_USDistributedGenerationPortfolioMember" xlink:href="bn-20260630.xsd#bn_USDistributedGenerationPortfolioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_USDistributedGenerationPortfolioMember" xlink:to="lab_bn_USDistributedGenerationPortfolioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceIUKPLCMember_019e89e6-1500-71e0-ae25-8f5f8d2fa286_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceIUKPLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Finance I (UK) PLC</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIUKPLCMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceIUKPLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance I (UK) PLC [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIUKPLCMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceIUKPLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance I (UK) PLC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceIUKPLCMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceIUKPLCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceIUKPLCMember" xlink:to="lab_bn_BrookfieldFinanceIUKPLCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare_019e89e6-1500-7448-80d8-2c6c3f55054e_terseLabel_en-US" xlink:label="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Price on Date of Remeasurement in Canadian Dollars Per Share</link:label>
    <link:label id="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare_label_en-US" xlink:label="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Price on Date of Remeasurement in Canadian Dollars Per Share</link:label>
    <link:label id="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare_documentation_en-US" xlink:label="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Price on Date of Remeasurement in Canadian Dollars Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare" xlink:href="bn-20260630.xsd#bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare" xlink:to="lab_bn_SharePriceonDateofRemeasurementinCanadianDollarsPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember_019e89e6-1500-7a1c-ba4a-a4316ce6f9ee_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets held to hedge liabilities arising from financing activities [member]</link:label>
    <link:label id="lab_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember_label_en-US" xlink:label="lab_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets held to hedge liabilities arising from financing activities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember" xlink:to="lab_ifrs-full_AssetsHeldToHedgeLiabilitiesArisingFromFinancingActivitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComputerSoftwareMember_019e89e6-1500-7d8d-98f1-165d741fc0a5_terseLabel_en-US" xlink:label="lab_ifrs-full_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computer software [member]</link:label>
    <link:label id="lab_ifrs-full_ComputerSoftwareMember_label_en-US" xlink:label="lab_ifrs-full_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer software [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComputerSoftwareMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComputerSoftwareMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComputerSoftwareMember" xlink:to="lab_ifrs-full_ComputerSoftwareMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EquitySettledShareBasedPaymentArrangementMember_019e89e6-13c4-7763-ba5d-6049cfc14961_terseLabel_en-US" xlink:label="lab_bn_EquitySettledShareBasedPaymentArrangementMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity-Settled Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_EquitySettledShareBasedPaymentArrangementMember_label_en-US" xlink:label="lab_bn_EquitySettledShareBasedPaymentArrangementMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity-Settled Share-Based Payment Arrangement [Member]</link:label>
    <link:label id="lab_bn_EquitySettledShareBasedPaymentArrangementMember_documentation_en-US" xlink:label="lab_bn_EquitySettledShareBasedPaymentArrangementMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity-Settled Share-Based Payment Arrangement [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EquitySettledShareBasedPaymentArrangementMember" xlink:href="bn-20260630.xsd#bn_EquitySettledShareBasedPaymentArrangementMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EquitySettledShareBasedPaymentArrangementMember" xlink:to="lab_bn_EquitySettledShareBasedPaymentArrangementMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract_019e89e6-1474-7775-ac24-280c688e50e1_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ConstructionServicesMember_019e89e6-158c-793f-a5c8-3238e82ff914_terseLabel_en-US" xlink:label="lab_bn_ConstructionServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction Services [Member]</link:label>
    <link:label id="lab_bn_ConstructionServicesMember_label_en-US" xlink:label="lab_bn_ConstructionServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Services [Member]</link:label>
    <link:label id="lab_bn_ConstructionServicesMember_documentation_en-US" xlink:label="lab_bn_ConstructionServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction Services [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ConstructionServicesMember" xlink:href="bn-20260630.xsd#bn_ConstructionServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ConstructionServicesMember" xlink:to="lab_bn_ConstructionServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Cash_019e89e6-1500-7549-aa00-cdad3234f92c_terseLabel_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash included in cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_Cash_label_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Cash" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Cash"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Cash" xlink:to="lab_ifrs-full_Cash" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityInvestmentsMember_019e89e6-1500-79f2-8f70-9913e4d8d472_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity derivatives</link:label>
    <link:label id="lab_ifrs-full_EquityInvestmentsMember_019e89e6-1500-76dd-ab8e-8697f1b0373e_verboseLabel_en-US" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common shares and warrants</link:label>
    <link:label id="lab_ifrs-full_EquityInvestmentsMember_label_en-US" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity investments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityInvestmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityInvestmentsMember" xlink:to="lab_ifrs-full_EquityInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series54ClassAPreferredSharesMember_019e89e6-13c4-7f8e-ab0c-19c1e1adbbfa_terseLabel_en-US" xlink:label="lab_bn_Series54ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 54 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series54ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series54ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 54 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series54ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series54ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 54 Class A Preferred Shares {Member}</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series54ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series54ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series54ClassAPreferredSharesMember" xlink:to="lab_bn_Series54ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A500Million4.803UnsecuredNotesDue2036Member_019ff0e5-80e7-7aa3-b10c-c3abb501666f_terseLabel_en-US" xlink:label="lab_bn_A500Million4.803UnsecuredNotesDue2036Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$500 million 4.803% Unsecured Notes Due 2036</link:label>
    <link:label id="lab_bn_A500Million4.803UnsecuredNotesDue2036Member_label_en-US" xlink:label="lab_bn_A500Million4.803UnsecuredNotesDue2036Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$500 million 4.803% Unsecured Notes Due 2036 [Member]</link:label>
    <link:label id="lab_bn_A500Million4.803UnsecuredNotesDue2036Member_documentation_en-US" xlink:label="lab_bn_A500Million4.803UnsecuredNotesDue2036Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$500 million 4.803% Unsecured Notes Due 2036</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A500Million4.803UnsecuredNotesDue2036Member" xlink:href="bn-20260630.xsd#bn_A500Million4.803UnsecuredNotesDue2036Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A500Million4.803UnsecuredNotesDue2036Member" xlink:to="lab_bn_A500Million4.803UnsecuredNotesDue2036Member" xlink:type="arc" order="1"/>
    <link:label id="lab_naics_ZZ486990_019e89e6-1474-73dd-8995-92fbfe8b48c3_terseLabel_en-US" xlink:label="lab_naics_ZZ486990" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">486990 All Other Pipeline Transportation</link:label>
    <link:label id="lab_naics_ZZ486990_label_en-US" xlink:label="lab_naics_ZZ486990" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">486990 All Other Pipeline Transportation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_naics_ZZ486990" xlink:href="https://xbrl.sec.gov/naics/2025/naics-2025.xsd#naics_ZZ486990"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_naics_ZZ486990" xlink:to="lab_naics_ZZ486990" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_019e89e6-1500-77d0-8fdb-cf0de25fa73b_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxExpense_019e89e6-1474-7dc8-be66-5861d3c58e80_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for deferred tax expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:to="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement_019e89e6-1500-7619-806f-ceccecdc89d9_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of instruments granted in share-based payment arrangement</link:label>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of instruments granted in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfInstrumentsGrantedInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_019e89e6-1474-7be9-9091-3de3cdd93da6_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dilutive effect of the conversion of options and escrowed shares using the treasury stock method</link:label>
    <link:label id="lab_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_label_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive effect of convertible instruments on weighted average number of ordinary shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:to="lab_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_019e89e6-1474-7a43-9757-0566679452be_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk free interest rate, share options granted</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk free interest rate, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="lab_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AllOtherSegmentsMember_019e89e6-158d-753e-a5d8-e1e3ce520fc9_terseLabel_en-US" xlink:label="lab_ifrs-full_AllOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_AllOtherSegmentsMember_label_en-US" xlink:label="lab_ifrs-full_AllOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All other segments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AllOtherSegmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AllOtherSegmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AllOtherSegmentsMember" xlink:to="lab_ifrs-full_AllOtherSegmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IncreaseInOperatingExpenses_019e89e6-1500-702c-b2b6-c06380de5360_terseLabel_en-US" xlink:label="lab_bn_IncreaseInOperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in operating expenses</link:label>
    <link:label id="lab_bn_IncreaseInOperatingExpenses_label_en-US" xlink:label="lab_bn_IncreaseInOperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in Operating Expenses</link:label>
    <link:label id="lab_bn_IncreaseInOperatingExpenses_documentation_en-US" xlink:label="lab_bn_IncreaseInOperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase in Operating Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IncreaseInOperatingExpenses" xlink:href="bn-20260630.xsd#bn_IncreaseInOperatingExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IncreaseInOperatingExpenses" xlink:to="lab_bn_IncreaseInOperatingExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_019e89e6-1474-784b-b2ef-a9e42f4f9e1f_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for determining components of cash and cash equivalents [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for determining components of cash and cash equivalents [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InterestExpenseOnNonRecourseBorrowings_019e89e6-1474-72db-8689-fa080e886042_negatedTerseLabel_en-US" xlink:label="lab_bn_InterestExpenseOnNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense on Non-Recourse Borrowings</link:label>
    <link:label id="lab_bn_InterestExpenseOnNonRecourseBorrowings_label_en-US" xlink:label="lab_bn_InterestExpenseOnNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense on Non-Recourse Borrowings</link:label>
    <link:label id="lab_bn_InterestExpenseOnNonRecourseBorrowings_documentation_en-US" xlink:label="lab_bn_InterestExpenseOnNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Expense on Non-Recourse Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InterestExpenseOnNonRecourseBorrowings" xlink:href="bn-20260630.xsd#bn_InterestExpenseOnNonRecourseBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InterestExpenseOnNonRecourseBorrowings" xlink:to="lab_bn_InterestExpenseOnNonRecourseBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AuditInformationAbstract_label_en-US" xlink:label="lab_bn_AuditInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Audit Information [Abstract]</link:label>
    <link:label id="lab_bn_AuditInformationAbstract_documentation_en-US" xlink:label="lab_bn_AuditInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Audit Information</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AuditInformationAbstract" xlink:href="bn-20260630.xsd#bn_AuditInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AuditInformationAbstract" xlink:to="lab_bn_AuditInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A5002724UnsecuredNotesDue2031Member_019e89e6-158c-7ae9-908e-f825838cac01_terseLabel_en-US" xlink:label="lab_bn_A5002724UnsecuredNotesDue2031Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$500 2.724% Unsecured Notes Due 2031</link:label>
    <link:label id="lab_bn_A5002724UnsecuredNotesDue2031Member_label_en-US" xlink:label="lab_bn_A5002724UnsecuredNotesDue2031Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$500 2.724% Unsecured Notes Due 2031 [Member]</link:label>
    <link:label id="lab_bn_A5002724UnsecuredNotesDue2031Member_documentation_en-US" xlink:label="lab_bn_A5002724UnsecuredNotesDue2031Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2031</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A5002724UnsecuredNotesDue2031Member" xlink:href="bn-20260630.xsd#bn_A5002724UnsecuredNotesDue2031Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A5002724UnsecuredNotesDue2031Member" xlink:to="lab_bn_A5002724UnsecuredNotesDue2031Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_019e89e6-1474-79b8-9c65-a0a5c788a7fa_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory_019e89e6-1500-7381-a99b-f0bab3f0ce2c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FAIR VALUE OF FINANCIAL INSTRUMENTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of equity [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfEquityExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ManagedInvestmentsMember_019e89e6-1474-72c2-a8e6-de95c3b28300_terseLabel_en-US" xlink:label="lab_bn_ManagedInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Managed Investments</link:label>
    <link:label id="lab_bn_ManagedInvestmentsMember_label_en-US" xlink:label="lab_bn_ManagedInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Managed Investments [Member]</link:label>
    <link:label id="lab_bn_ManagedInvestmentsMember_documentation_en-US" xlink:label="lab_bn_ManagedInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Managed Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ManagedInvestmentsMember" xlink:href="bn-20260630.xsd#bn_ManagedInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ManagedInvestmentsMember" xlink:to="lab_bn_ManagedInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealEstate1Member_019e89e6-158c-7bc6-a83a-194a7d80546f_terseLabel_en-US" xlink:label="lab_bn_RealEstate1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate1 [Member]</link:label>
    <link:label id="lab_bn_RealEstate1Member_label_en-US" xlink:label="lab_bn_RealEstate1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate1 [Member]</link:label>
    <link:label id="lab_bn_RealEstate1Member_documentation_en-US" xlink:label="lab_bn_RealEstate1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealEstate1Member" xlink:href="bn-20260630.xsd#bn_RealEstate1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealEstate1Member" xlink:to="lab_bn_RealEstate1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_019e89e6-1500-702c-bbf1-91f88dd09a20_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net investment hedges</link:label>
    <link:label id="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_label_en-US" xlink:label="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedges of net investment in foreign operations [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:to="lab_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssets_019e89e6-13c4-7b29-b36f-29852ed879b2_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets" xlink:to="lab_ifrs-full_NoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ReinsuranceMember_019e89e6-1500-7180-915d-3b43f9378011_terseLabel_en-US" xlink:label="lab_bn_ReinsuranceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reinsurance</link:label>
    <link:label id="lab_bn_ReinsuranceMember_label_en-US" xlink:label="lab_bn_ReinsuranceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reinsurance [Member]</link:label>
    <link:label id="lab_bn_ReinsuranceMember_documentation_en-US" xlink:label="lab_bn_ReinsuranceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reinsurance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ReinsuranceMember" xlink:href="bn-20260630.xsd#bn_ReinsuranceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ReinsuranceMember" xlink:to="lab_bn_ReinsuranceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_019e89e6-1474-7b8e-bb7f-0d8b893033a2_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ContractedMember_019e89e6-1474-7c89-b02a-42fcace8bf05_terseLabel_en-US" xlink:label="lab_bn_ContractedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contracted [Member]</link:label>
    <link:label id="lab_bn_ContractedMember_label_en-US" xlink:label="lab_bn_ContractedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contracted [Member]</link:label>
    <link:label id="lab_bn_ContractedMember_documentation_en-US" xlink:label="lab_bn_ContractedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contracted [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ContractedMember" xlink:href="bn-20260630.xsd#bn_ContractedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ContractedMember" xlink:to="lab_bn_ContractedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WindGeneratingUnitsMember_019e89e6-13c4-7266-a945-82a859f7dee7_terseLabel_en-US" xlink:label="lab_bn_WindGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wind Generating Units [Member]</link:label>
    <link:label id="lab_bn_WindGeneratingUnitsMember_label_en-US" xlink:label="lab_bn_WindGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wind Generating Units [Member]</link:label>
    <link:label id="lab_bn_WindGeneratingUnitsMember_documentation_en-US" xlink:label="lab_bn_WindGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Wind Generating Units [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WindGeneratingUnitsMember" xlink:href="bn-20260630.xsd#bn_WindGeneratingUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WindGeneratingUnitsMember" xlink:to="lab_bn_WindGeneratingUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity_019e89e6-13c4-75d8-9c27-f8585f566e8b_terseLabel_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realized disposition gains (losses) in fair value changes or equity</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity_label_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Fair Value Changes or Equity</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity_documentation_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Fair Value Changes or Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealizedDispositionGainLossinFairValueChangesorEquity" xlink:href="bn-20260630.xsd#bn_RealizedDispositionGainLossinFairValueChangesorEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealizedDispositionGainLossinFairValueChangesorEquity" xlink:to="lab_bn_RealizedDispositionGainLossinFairValueChangesorEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_019e89e6-1474-71c0-86ff-ba10b16eb39c_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceIncIIMember_019e89e6-1500-70cb-b8e6-ce245ce0025d_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceIncIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc II [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIncIIMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceIncIIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc II [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIncIIMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceIncIIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc II</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceIncIIMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceIncIIMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceIncIIMember" xlink:to="lab_bn_BrookfieldFinanceIncIIMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory_019e89e6-158d-7d5f-9cce-9475fecd3306_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for impairment of assets [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for impairment of assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCountry_019e89e6-1500-701b-8271-7ab690e7df79_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:label id="lab_dei_EntityAddressCountry_label_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCountry" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCountry" xlink:to="lab_dei_EntityAddressCountry" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_019e89e6-1474-7162-bf14-377ff70189b7_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_sic_Z7948_019e89e6-158c-7745-b0dd-695c5be60121_terseLabel_en-US" xlink:label="lab_sic_Z7948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7948 Services, Racing, Including Track Operation</link:label>
    <link:label id="lab_sic_Z7948_label_en-US" xlink:label="lab_sic_Z7948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">7948 Services, Racing, Including Track Operation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sic_Z7948" xlink:href="https://xbrl.sec.gov/sic/2025/sic-2025.xsd#sic_Z7948"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sic_Z7948" xlink:to="lab_sic_Z7948" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1_019e89e6-1474-7a5c-a1fc-c3bf825fd8b7_terseLabel_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement By Share-Based Payment Award, Expiration Period1</link:label>
    <link:label id="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1_label_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement By Share-Based Payment Award, Expiration Period1</link:label>
    <link:label id="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1_documentation_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement By Share-Based Payment Award, Expiration Period1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1" xlink:href="bn-20260630.xsd#bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1" xlink:to="lab_bn_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriod1" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements_019e89e6-1500-7bec-bd52-fe91f5b31a4d_terseLabel_en-US" xlink:label="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Power Prices from Long-Term Power Purchase Agreements (weighted average)</link:label>
    <link:label id="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements_label_en-US" xlink:label="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Power Prices From Long-Term Power Purchase Agreements</link:label>
    <link:label id="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements_documentation_en-US" xlink:label="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Power Prices From Long-Term Power Purchase Agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PowerPricesFromLongTermPowerPurchaseAgreements" xlink:href="bn-20260630.xsd#bn_PowerPricesFromLongTermPowerPurchaseAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PowerPricesFromLongTermPowerPurchaseAgreements" xlink:to="lab_bn_PowerPricesFromLongTermPowerPurchaseAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AdditionalClassCSharesIssuedMember_019e89e6-158c-76a6-9749-e00268319a03_terseLabel_en-US" xlink:label="lab_bn_AdditionalClassCSharesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Class C Shares Issued [Member]</link:label>
    <link:label id="lab_bn_AdditionalClassCSharesIssuedMember_label_en-US" xlink:label="lab_bn_AdditionalClassCSharesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Class C Shares Issued [Member]</link:label>
    <link:label id="lab_bn_AdditionalClassCSharesIssuedMember_documentation_en-US" xlink:label="lab_bn_AdditionalClassCSharesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional Class C Shares Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AdditionalClassCSharesIssuedMember" xlink:href="bn-20260630.xsd#bn_AdditionalClassCSharesIssuedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AdditionalClassCSharesIssuedMember" xlink:to="lab_bn_AdditionalClassCSharesIssuedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract_019e89e6-1500-7bd0-a6ad-d5265981249f_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:to="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_019e89e6-1474-750b-a196-56684a566758_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency revaluation</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_019e89e6-158d-7904-9584-f14b3056f706_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for foreign currency translation [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for foreign currency translation [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal_019e89e6-1500-7f1c-ba80-8a3bb5265c29_terseLabel_en-US" xlink:label="lab_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:label id="lab_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal_label_en-US" xlink:label="lab_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount rate used in current measurement of fair value less costs of disposal</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:to="lab_ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ManagementCommentaryExplanatoryLineItems_019e89e6-1474-7ef8-a526-0573cd564f81_terseLabel_en-US" xlink:label="lab_bn_ManagementCommentaryExplanatoryLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management Commentary Explanatory [Line Items]</link:label>
    <link:label id="lab_bn_ManagementCommentaryExplanatoryLineItems_label_en-US" xlink:label="lab_bn_ManagementCommentaryExplanatoryLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Commentary Explanatory [Line Items]</link:label>
    <link:label id="lab_bn_ManagementCommentaryExplanatoryLineItems_documentation_en-US" xlink:label="lab_bn_ManagementCommentaryExplanatoryLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Management Commentary Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ManagementCommentaryExplanatoryLineItems" xlink:href="bn-20260630.xsd#bn_ManagementCommentaryExplanatoryLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ManagementCommentaryExplanatoryLineItems" xlink:to="lab_bn_ManagementCommentaryExplanatoryLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentAnnualReport_019e89e6-1474-76b6-bfc8-a3ad762ddd34_terseLabel_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:label id="lab_dei_DocumentAnnualReport_label_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAnnualReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAnnualReport" xlink:to="lab_dei_DocumentAnnualReport" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_019e89e6-1500-787f-84f2-525bdaffcb0b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capital repaid to non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_label_en-US" xlink:label="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BridgesRoadsAndEquipmentMember_019e89e6-1500-713c-822e-e484eeceb854_terseLabel_en-US" xlink:label="lab_bn_BridgesRoadsAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bridges, Roads and Equipment</link:label>
    <link:label id="lab_bn_BridgesRoadsAndEquipmentMember_label_en-US" xlink:label="lab_bn_BridgesRoadsAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bridges, Roads and Equipment [Member]</link:label>
    <link:label id="lab_bn_BridgesRoadsAndEquipmentMember_documentation_en-US" xlink:label="lab_bn_BridgesRoadsAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bridges, Roads and Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BridgesRoadsAndEquipmentMember" xlink:href="bn-20260630.xsd#bn_BridgesRoadsAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BridgesRoadsAndEquipmentMember" xlink:to="lab_bn_BridgesRoadsAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_019e89e6-1500-769c-a6ea-e42f84423f00_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRevenueExplanatory_019e89e6-158d-71c1-a02b-a5688b5345d7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRevenueExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRevenueExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRevenueExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of revenue [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRevenueExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRevenueExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRevenueExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRevenueExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_019e89e6-1500-7185-af2c-6892db5f00ed_verboseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current portion of accounts receivable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains_019e89e6-1500-789f-8e83-9bed9ca4d754_terseLabel_en-US" xlink:label="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income and gains</link:label>
    <link:label id="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains_label_en-US" xlink:label="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Decrease (Increase) In Other Income And Gains</link:label>
    <link:label id="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains_documentation_en-US" xlink:label="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Decrease (Increase) In Other Income And Gains</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains" xlink:href="bn-20260630.xsd#bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains" xlink:to="lab_bn_AdjustmentsForDecreaseIncreaseInOtherIncomeAndGains" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_019e89e6-1500-7168-8b2a-6e5a1745027a_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, financial assets measured at fair value through other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_019e89e6-158c-71f5-8e64-e1a1d2701ec1_terseLabel_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_label_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInteractiveDataCurrent" xlink:to="lab_dei_EntityInteractiveDataCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ATCIndiaMember_019e89e6-158c-7c7d-83e9-8c483297064f_terseLabel_en-US" xlink:label="lab_bn_ATCIndiaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Colonial</link:label>
    <link:label id="lab_bn_ATCIndiaMember_label_en-US" xlink:label="lab_bn_ATCIndiaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ATC India [Member]</link:label>
    <link:label id="lab_bn_ATCIndiaMember_documentation_en-US" xlink:label="lab_bn_ATCIndiaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ATC India</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ATCIndiaMember" xlink:href="bn-20260630.xsd#bn_ATCIndiaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ATCIndiaMember" xlink:to="lab_bn_ATCIndiaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod_019e89e6-158d-709a-bedf-955105b11bf8_terseLabel_en-US" xlink:label="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying value of publicly traded investments accounted for using equity method</link:label>
    <link:label id="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod_label_en-US" xlink:label="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying value of publicly traded investments accounted for using equity method</link:label>
    <link:label id="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod_documentation_en-US" xlink:label="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying value of publicly traded investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod" xlink:href="bn-20260630.xsd#bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod" xlink:to="lab_bn_Carryingvalueofpubliclytradedinvestmentsaccountedforusingequitymethod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock_019e89e6-1474-7e9a-8ce4-f33b443f92b6_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MATERIAL ACCOUNTING POLICY INFORMATION</link:label>
    <link:label id="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock_label_en-US" xlink:label="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [Text Block]</link:label>
    <link:label id="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for significant accounting policies applied by the entity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfSignificantAccountingPoliciesTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureOfSignificantAccountingPoliciesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfSignificantAccountingPoliciesTextBlock" xlink:to="lab_bn_DisclosureOfSignificantAccountingPoliciesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_019e89e6-1474-75d5-b055-1e03eb1630a1_terseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes</link:label>
    <link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revaluation increase (decrease), property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember_019e89e6-158d-78fa-a576-2a2ba2f867df_terseLabel_en-US" xlink:label="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Later Than One Year And Not Later Than Eleven Years</link:label>
    <link:label id="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember_label_en-US" xlink:label="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than One Year And Not Later Than Ten Years [Member]</link:label>
    <link:label id="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember_documentation_en-US" xlink:label="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later Than One Year And Not Later Than Ten Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LaterThanOneYearAndNotLaterThanTenYearsMember" xlink:href="bn-20260630.xsd#bn_LaterThanOneYearAndNotLaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LaterThanOneYearAndNotLaterThanTenYearsMember" xlink:to="lab_bn_LaterThanOneYearAndNotLaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FixedIncomeSecuritiesandOtherMember_019e89e6-1474-7d85-ac9a-b8867acdfe11_terseLabel_en-US" xlink:label="lab_bn_FixedIncomeSecuritiesandOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed income securities and other</link:label>
    <link:label id="lab_bn_FixedIncomeSecuritiesandOtherMember_label_en-US" xlink:label="lab_bn_FixedIncomeSecuritiesandOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Income Securities and Other [Member]</link:label>
    <link:label id="lab_bn_FixedIncomeSecuritiesandOtherMember_documentation_en-US" xlink:label="lab_bn_FixedIncomeSecuritiesandOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Income Securities and Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FixedIncomeSecuritiesandOtherMember" xlink:href="bn-20260630.xsd#bn_FixedIncomeSecuritiesandOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FixedIncomeSecuritiesandOtherMember" xlink:to="lab_bn_FixedIncomeSecuritiesandOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealEstateMember_019e89e6-1500-7077-9237-44afd0f14875_terseLabel_en-US" xlink:label="lab_bn_RealEstateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:label id="lab_bn_RealEstateMember_label_en-US" xlink:label="lab_bn_RealEstateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate [Member]</link:label>
    <link:label id="lab_bn_RealEstateMember_documentation_en-US" xlink:label="lab_bn_RealEstateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealEstateMember" xlink:href="bn-20260630.xsd#bn_RealEstateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealEstateMember" xlink:to="lab_bn_RealEstateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CyxteraMember_019e89e6-13c4-7993-baa6-11cd009f0822_terseLabel_en-US" xlink:label="lab_bn_CyxteraMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hotwire</link:label>
    <link:label id="lab_bn_CyxteraMember_label_en-US" xlink:label="lab_bn_CyxteraMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cyxtera [Member]</link:label>
    <link:label id="lab_bn_CyxteraMember_documentation_en-US" xlink:label="lab_bn_CyxteraMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cyxtera</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CyxteraMember" xlink:href="bn-20260630.xsd#bn_CyxteraMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CyxteraMember" xlink:to="lab_bn_CyxteraMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty_019e89e6-1500-787a-9c30-2ec6b61484cf_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation and other</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_019e89e6-1474-71b4-8878-7241c91b7aa6_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements_019e89e6-158d-7e4a-a483-a9ec5e10b76d_verboseLabel_en-US" xlink:label="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Number of Common Shares Held by the Company</link:label>
    <link:label id="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements_label_en-US" xlink:label="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Class A Common Shares Held by the Company for Long-term Compensation Agreements</link:label>
    <link:label id="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements_documentation_en-US" xlink:label="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Class A Common Shares Held by the Company for Long-term Compensation Agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements" xlink:href="bn-20260630.xsd#bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements" xlink:to="lab_bn_NumberofClassACommonSharesHeldbytheCompanyforLongtermCompensationAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_019e89e6-13c4-7ce0-9f6e-ce44fc6b8c87_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common equity</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_019e89e6-13c4-79a5-98e9-0e8787236dbf_verboseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity attributable to Brookfield</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity attributable to owners of parent [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_019e89e6-13c4-75d1-936c-4fbfb5bd8a77_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_019e89e6-1500-77dc-a080-9af44dd33f9e_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_019e89e6-1500-78e1-a702-748d370591ec_verboseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LiabilitiesandNonControllinginterestEquity_019e89e6-13c4-765e-a5f6-24e706fb0934_terseLabel_en-US" xlink:label="lab_bn_LiabilitiesandNonControllinginterestEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Non Controlling interest Equity</link:label>
    <link:label id="lab_bn_LiabilitiesandNonControllinginterestEquity_label_en-US" xlink:label="lab_bn_LiabilitiesandNonControllinginterestEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Non Controlling interest Equity</link:label>
    <link:label id="lab_bn_LiabilitiesandNonControllinginterestEquity_documentation_en-US" xlink:label="lab_bn_LiabilitiesandNonControllinginterestEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities and Non Controlling interest Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LiabilitiesandNonControllinginterestEquity" xlink:href="bn-20260630.xsd#bn_LiabilitiesandNonControllinginterestEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LiabilitiesandNonControllinginterestEquity" xlink:to="lab_bn_LiabilitiesandNonControllinginterestEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_OwnershipDomain_019e89e6-1500-7413-9499-616fb893a3fa_terseLabel_en-US" xlink:label="lab_srt_OwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership [Domain]</link:label>
    <link:label id="lab_srt_OwnershipDomain_label_en-US" xlink:label="lab_srt_OwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OwnershipDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipDomain" xlink:to="lab_srt_OwnershipDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations_019e89e6-1474-7187-b6a4-2039dc9fd3c2_terseLabel_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Acquisitions Through Business Combinations</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations_label_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Acquisitions Through Business Combinations</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations_documentation_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Acquisitions Through Business Combinations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations" xlink:href="bn-20260630.xsd#bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations" xlink:to="lab_bn_InvestmentAccountedForUsingEquityMethodAcquisitionsThroughBusinessCombinations" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IPLMember_019e89e6-1500-78fa-888f-87e3ff0b87ab_terseLabel_en-US" xlink:label="lab_bn_IPLMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IPL [Member]</link:label>
    <link:label id="lab_bn_IPLMember_label_en-US" xlink:label="lab_bn_IPLMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IPL [Member]</link:label>
    <link:label id="lab_bn_IPLMember_documentation_en-US" xlink:label="lab_bn_IPLMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IPL</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IPLMember" xlink:href="bn-20260630.xsd#bn_IPLMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IPLMember" xlink:to="lab_bn_IPLMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember_019e89e6-158c-789a-b9c9-17fa5e6e2e6d_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments accounted for using equity method [member]</link:label>
    <link:label id="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments accounted for using equity method [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsAccountedForUsingEquityMethodMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:to="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RenewablePowerAndTransitionAndOtherMember_019e89e6-1500-7be3-891f-95e8ad424fbf_terseLabel_en-US" xlink:label="lab_bn_RenewablePowerAndTransitionAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewable Power and Transition and Other [Member]</link:label>
    <link:label id="lab_bn_RenewablePowerAndTransitionAndOtherMember_label_en-US" xlink:label="lab_bn_RenewablePowerAndTransitionAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewable Power and Transition and Other [Member]</link:label>
    <link:label id="lab_bn_RenewablePowerAndTransitionAndOtherMember_documentation_en-US" xlink:label="lab_bn_RenewablePowerAndTransitionAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Renewable Power [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RenewablePowerAndTransitionAndOtherMember" xlink:href="bn-20260630.xsd#bn_RenewablePowerAndTransitionAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RenewablePowerAndTransitionAndOtherMember" xlink:to="lab_bn_RenewablePowerAndTransitionAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_019e89e6-13c4-7095-a47a-ff78df49f657_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revaluation of pension obligations</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, gains (losses) on remeasurements of defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_HiberniaMember_019e89e6-1474-7803-804e-cdd205e23998_terseLabel_en-US" xlink:label="lab_bn_HiberniaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hibernia</link:label>
    <link:label id="lab_bn_HiberniaMember_label_en-US" xlink:label="lab_bn_HiberniaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hibernia [Member]</link:label>
    <link:label id="lab_bn_HiberniaMember_documentation_en-US" xlink:label="lab_bn_HiberniaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hibernia</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_HiberniaMember" xlink:href="bn-20260630.xsd#bn_HiberniaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_HiberniaMember" xlink:to="lab_bn_HiberniaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BasisOfCalculation_019e89e6-1500-7af8-af8c-1c288704fd4b_terseLabel_en-US" xlink:label="lab_bn_BasisOfCalculation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of Calculation</link:label>
    <link:label id="lab_bn_BasisOfCalculation_label_en-US" xlink:label="lab_bn_BasisOfCalculation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Calculation</link:label>
    <link:label id="lab_bn_BasisOfCalculation_documentation_en-US" xlink:label="lab_bn_BasisOfCalculation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Basis of Calculation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BasisOfCalculation" xlink:href="bn-20260630.xsd#bn_BasisOfCalculation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BasisOfCalculation" xlink:to="lab_bn_BasisOfCalculation" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PropertySpecificBorrowingsMember_019e89e6-1474-74c2-922f-b76e7f453b19_terseLabel_en-US" xlink:label="lab_bn_PropertySpecificBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property-specific borrowings</link:label>
    <link:label id="lab_bn_PropertySpecificBorrowingsMember_label_en-US" xlink:label="lab_bn_PropertySpecificBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property-Specific Borrowings [Member]</link:label>
    <link:label id="lab_bn_PropertySpecificBorrowingsMember_documentation_en-US" xlink:label="lab_bn_PropertySpecificBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property-Specific Borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PropertySpecificBorrowingsMember" xlink:href="bn-20260630.xsd#bn_PropertySpecificBorrowingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PropertySpecificBorrowingsMember" xlink:to="lab_bn_PropertySpecificBorrowingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_019e89e6-1474-7749-8a01-e9ee92d2a506_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Data4Member_019e89e6-13c4-75fb-a63e-74de0cff2d74_terseLabel_en-US" xlink:label="lab_bn_Data4Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Data4 [Member]</link:label>
    <link:label id="lab_bn_Data4Member_label_en-US" xlink:label="lab_bn_Data4Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Data4 [Member]</link:label>
    <link:label id="lab_bn_Data4Member_documentation_en-US" xlink:label="lab_bn_Data4Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Data4</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Data4Member" xlink:href="bn-20260630.xsd#bn_Data4Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Data4Member" xlink:to="lab_bn_Data4Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract_019e89e6-1500-7408-b690-0ef617732f56_terseLabel_en-US" xlink:label="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial statement components not included in FFO</link:label>
    <link:label id="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract_label_en-US" xlink:label="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial statement components not included in FFO [Abstract]</link:label>
    <link:label id="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract_documentation_en-US" xlink:label="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial statement components not included in FFO [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FinancialstatementcomponentsnotincludedinFFOAbstract" xlink:href="bn-20260630.xsd#bn_FinancialstatementcomponentsnotincludedinFFOAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FinancialstatementcomponentsnotincludedinFFOAbstract" xlink:to="lab_bn_FinancialstatementcomponentsnotincludedinFFOAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_019e89e6-1500-7200-89b7-46b204895af4_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income that may be reclassified to net income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EstimatesofFutureElectricityPrices_019e89e6-1474-7549-912c-6f9f4dcbd021_terseLabel_en-US" xlink:label="lab_bn_EstimatesofFutureElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimates of Future Electricity Prices (weighted average)</link:label>
    <link:label id="lab_bn_EstimatesofFutureElectricityPrices_label_en-US" xlink:label="lab_bn_EstimatesofFutureElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimates of Future Electricity Prices</link:label>
    <link:label id="lab_bn_EstimatesofFutureElectricityPrices_documentation_en-US" xlink:label="lab_bn_EstimatesofFutureElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Estimates of Future Electricity Prices</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EstimatesofFutureElectricityPrices" xlink:href="bn-20260630.xsd#bn_EstimatesofFutureElectricityPrices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EstimatesofFutureElectricityPrices" xlink:to="lab_bn_EstimatesofFutureElectricityPrices" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract_019e89e6-1474-7457-903a-a5d641c16103_terseLabel_en-US" xlink:label="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Significant Accounting Policies [Abstract]</link:label>
    <link:label id="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract_label_en-US" xlink:label="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Significant Accounting Policies [Abstract]</link:label>
    <link:label id="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract_documentation_en-US" xlink:label="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Significant Accounting Policies [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureofSignificantAccountingPoliciesAbstract" xlink:href="bn-20260630.xsd#bn_DisclosureofSignificantAccountingPoliciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureofSignificantAccountingPoliciesAbstract" xlink:to="lab_bn_DisclosureofSignificantAccountingPoliciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_019e89e6-13c4-75ab-90cb-ddb29018184d_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement</link:label>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_label_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOutstandingShareOptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:to="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember_019e89e6-158c-7e85-b928-c46aef957b44_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) due to changes in accounting policy required by IFRSs</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) due to changes in accounting policy required by IFRSs [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" xlink:to="lab_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_019e89e6-1474-7a2f-bcf1-1325cf802305_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealEstateLPAndOtherMember_019e89e6-1500-72ae-986f-fdf2675076aa_terseLabel_en-US" xlink:label="lab_bn_RealEstateLPAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate LP and Other</link:label>
    <link:label id="lab_bn_RealEstateLPAndOtherMember_label_en-US" xlink:label="lab_bn_RealEstateLPAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate LP and Other [Member]</link:label>
    <link:label id="lab_bn_RealEstateLPAndOtherMember_documentation_en-US" xlink:label="lab_bn_RealEstateLPAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate LP and Other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealEstateLPAndOtherMember" xlink:href="bn-20260630.xsd#bn_RealEstateLPAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealEstateLPAndOtherMember" xlink:to="lab_bn_RealEstateLPAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToAbstract_019e89e6-1474-77a2-a8b9-164f4a9da285_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to:</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToAbstract_019e89e6-1474-7d24-8977-a515af11cfc4_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to:</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToAbstract_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToAbstract" xlink:to="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_OfficeBuildingMember_019ff171-d842-7732-bf1a-f1e8b5c0cc5c_terseLabel_en-US" xlink:label="lab_srt_OfficeBuildingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office Building</link:label>
    <link:label id="lab_srt_OfficeBuildingMember_label_en-US" xlink:label="lab_srt_OfficeBuildingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office Building [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OfficeBuildingMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OfficeBuildingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OfficeBuildingMember" xlink:to="lab_srt_OfficeBuildingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossOfCombinedEntity_019e89e6-13c4-7b51-8e63-6d08defbe4aa_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit (loss) of combined entity as if combination occurred at beginning of period</link:label>
    <link:label id="lab_ifrs-full_ProfitLossOfCombinedEntity_label_en-US" xlink:label="lab_ifrs-full_ProfitLossOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) of combined entity as if combination occurred at beginning of period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossOfCombinedEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossOfCombinedEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossOfCombinedEntity" xlink:to="lab_ifrs-full_ProfitLossOfCombinedEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_019e89e6-1500-7ab0-8c1b-4f1923e4a45e_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_019e89e6-1500-713b-bbbb-1d2a88b7f0bb_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax assets</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax assets recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AccountsReceivableAndOtherMember_019e89e6-13c4-7446-a457-b5680e365736_terseLabel_en-US" xlink:label="lab_bn_AccountsReceivableAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other [Member]</link:label>
    <link:label id="lab_bn_AccountsReceivableAndOtherMember_label_en-US" xlink:label="lab_bn_AccountsReceivableAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts receivable and other [Member]</link:label>
    <link:label id="lab_bn_AccountsReceivableAndOtherMember_documentation_en-US" xlink:label="lab_bn_AccountsReceivableAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AccountsReceivableAndOtherMember" xlink:href="bn-20260630.xsd#bn_AccountsReceivableAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AccountsReceivableAndOtherMember" xlink:to="lab_bn_AccountsReceivableAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ReclassificationOfNonRecourseBorrowingsMember_019e89e6-1500-7872-adb6-b79e92260d32_terseLabel_en-US" xlink:label="lab_bn_ReclassificationOfNonRecourseBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of non-recourse borrowings [Member]</link:label>
    <link:label id="lab_bn_ReclassificationOfNonRecourseBorrowingsMember_label_en-US" xlink:label="lab_bn_ReclassificationOfNonRecourseBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification of non-recourse borrowings [Member]</link:label>
    <link:label id="lab_bn_ReclassificationOfNonRecourseBorrowingsMember_documentation_en-US" xlink:label="lab_bn_ReclassificationOfNonRecourseBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclassification of non-recourse borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ReclassificationOfNonRecourseBorrowingsMember" xlink:href="bn-20260630.xsd#bn_ReclassificationOfNonRecourseBorrowingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ReclassificationOfNonRecourseBorrowingsMember" xlink:to="lab_bn_ReclassificationOfNonRecourseBorrowingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_019e89e6-1474-72f8-a93c-1a6ac65fb2f5_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on cash flow hedges, before tax</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on cash flow hedges, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_019e89e6-158d-7f0e-8f3b-4cf4e62b4db2_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in property, plant and equipment [abstract]</link:label>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in property, plant and equipment [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRevenueExpense_019e89e6-1500-7c4a-978a-7e818c0ea535_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRevenueExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income (expense)</link:label>
    <link:label id="lab_ifrs-full_InterestRevenueExpense_label_en-US" xlink:label="lab_ifrs-full_InterestRevenueExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest income (expense)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRevenueExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRevenueExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRevenueExpense" xlink:to="lab_ifrs-full_InterestRevenueExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DiscountedCashFlowMember_019e89e6-13c4-7330-9914-7bd13f8b6993_terseLabel_en-US" xlink:label="lab_ifrs-full_DiscountedCashFlowMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discounted cash flow [member]</link:label>
    <link:label id="lab_ifrs-full_DiscountedCashFlowMember_label_en-US" xlink:label="lab_ifrs-full_DiscountedCashFlowMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discounted cash flow [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DiscountedCashFlowMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DiscountedCashFlowMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DiscountedCashFlowMember" xlink:to="lab_ifrs-full_DiscountedCashFlowMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_019e89e6-13c4-7483-81f7-76e5ca3e10b2_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, assets</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:to="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldBusinessPartnersL.P.Member_019e89e6-158c-78bb-ae07-c61dff207dea_terseLabel_en-US" xlink:label="lab_bn_BrookfieldBusinessPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Business Partners L.P. (&#8220;BBU&#8221;)</link:label>
    <link:label id="lab_bn_BrookfieldBusinessPartnersL.P.Member_019e89e6-158c-78ac-98dd-f0fb5ae0486c_verboseLabel_en-US" xlink:label="lab_bn_BrookfieldBusinessPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">BBU</link:label>
    <link:label id="lab_bn_BrookfieldBusinessPartnersL.P.Member_label_en-US" xlink:label="lab_bn_BrookfieldBusinessPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Business Partners L.P. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldBusinessPartnersL.P.Member_documentation_en-US" xlink:label="lab_bn_BrookfieldBusinessPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Business Partners L.P. ("BBU")</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldBusinessPartnersL.P.Member" xlink:href="bn-20260630.xsd#bn_BrookfieldBusinessPartnersL.P.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldBusinessPartnersL.P.Member" xlink:to="lab_bn_BrookfieldBusinessPartnersL.P.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_019e89e6-1500-7e4c-8780-40f69b8bef5f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers out of Level 3 of fair value hierarchy, liabilities</link:label>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_label_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers out of Level 3 of fair value hierarchy, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:to="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_019e89e6-1500-7be8-8073-44389be180b1_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions, net of disposals and assets reclassified as held for sale</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A250350SubordinatedNotesDueIn2051Member_019e89e6-1500-7adf-b9ea-3d3718c72d2c_terseLabel_en-US" xlink:label="lab_bn_A250350SubordinatedNotesDueIn2051Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$250 3.50% Subordinated Notes Due in 2051</link:label>
    <link:label id="lab_bn_A250350SubordinatedNotesDueIn2051Member_label_en-US" xlink:label="lab_bn_A250350SubordinatedNotesDueIn2051Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$250 3.50% Subordinated Notes Due in 2051 [Member]</link:label>
    <link:label id="lab_bn_A250350SubordinatedNotesDueIn2051Member_documentation_en-US" xlink:label="lab_bn_A250350SubordinatedNotesDueIn2051Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$250 3.50% Subordinated Notes Due in 2051</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A250350SubordinatedNotesDueIn2051Member" xlink:href="bn-20260630.xsd#bn_A250350SubordinatedNotesDueIn2051Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A250350SubordinatedNotesDueIn2051Member" xlink:to="lab_bn_A250350SubordinatedNotesDueIn2051Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesDomain_019e89e6-1474-7647-b169-d045d8911e2d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOrdinarySharesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:to="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine3_019e89e6-1474-7cb8-8929-f5d314fa52e6_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Three</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine3_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Three</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine3" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine3"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine3" xlink:to="lab_dei_EntityAddressAddressLine3" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock_019e89e6-1474-7c3a-a745-b3b2590daa0c_terseLabel_en-US" xlink:label="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summarized financial information of subsidiaries [Table Text Block]</link:label>
    <link:label id="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock_label_en-US" xlink:label="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summarized financial information of subsidiaries [Table Text Block]</link:label>
    <link:label id="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock_documentation_en-US" xlink:label="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Summarized financial information of subsidiaries [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock" xlink:href="bn-20260630.xsd#bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock" xlink:to="lab_bn_SummarizedfinancialinformationofsubsidiariesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Rightofuseassetsfairvaluechanges_019e89e6-158c-7f60-b97c-74561e3937a2_negatedTerseLabel_en-US" xlink:label="lab_bn_Rightofuseassetsfairvaluechanges" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Right of use assets, fair value changes</link:label>
    <link:label id="lab_bn_Rightofuseassetsfairvaluechanges_label_en-US" xlink:label="lab_bn_Rightofuseassetsfairvaluechanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right of use assets, fair value changes</link:label>
    <link:label id="lab_bn_Rightofuseassetsfairvaluechanges_documentation_en-US" xlink:label="lab_bn_Rightofuseassetsfairvaluechanges" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right of use assets, fair value changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Rightofuseassetsfairvaluechanges" xlink:href="bn-20260630.xsd#bn_Rightofuseassetsfairvaluechanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Rightofuseassetsfairvaluechanges" xlink:to="lab_bn_Rightofuseassetsfairvaluechanges" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_019e89e6-1474-713b-9410-c077a74c2979_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine2_019e89e6-1474-7c0a-9147-9863c6db0f56_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine2_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine2" xlink:to="lab_dei_EntityAddressAddressLine2" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_019e89e6-1500-7009-a51a-d2efadd75446_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Accounted for Using Equity Method, Share of comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of total comprehensive income of associates and joint ventures accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfTotalComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome_019e89e6-1500-76b2-97ac-d20c88bc045c_terseLabel_en-US" xlink:label="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketable securities</link:label>
    <link:label id="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome_label_en-US" xlink:label="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, marketable securities, will not be reclassed to net income</link:label>
    <link:label id="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome_documentation_en-US" xlink:label="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other comprehensive income, marketable securities, will not be reclassed to net income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome" xlink:href="bn-20260630.xsd#bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome" xlink:to="lab_bn_Othercomprehensiveincomemarketablesecuritieswillnotbereclassedtonetincome" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals_019e89e6-1474-78dc-bdc3-59f9838dc0eb_terseLabel_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions, net of disposals1</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals_019e89e6-1474-71a0-97c8-092654f097dc_verboseLabel_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Additions, Net Of Disposals</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals_label_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Additions, Net Of Disposals</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals_documentation_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Additions, Net Of Disposals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:href="bn-20260630.xsd#bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:to="lab_bn_InvestmentAccountedForUsingEquityMethodAdditionsNetOfDisposals" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_OwnershipAxis_019e89e6-1500-74f2-9709-e95054f41076_terseLabel_en-US" xlink:label="lab_srt_OwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership [Axis]</link:label>
    <link:label id="lab_srt_OwnershipAxis_label_en-US" xlink:label="lab_srt_OwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OwnershipAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipAxis" xlink:to="lab_srt_OwnershipAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss_019e89e6-1500-7eb9-abf1-7fb81d7a38bd_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other adjustments to reconcile profit (loss)</link:label>
    <link:label id="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss_label_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other adjustments to reconcile profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAdjustmentsToReconcileProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:to="lab_ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ClassOfStocksDomain_019e89e6-1500-768d-9779-8277c6883bd7_terseLabel_en-US" xlink:label="lab_bn_ClassOfStocksDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stocks [Domain]</link:label>
    <link:label id="lab_bn_ClassOfStocksDomain_label_en-US" xlink:label="lab_bn_ClassOfStocksDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stocks [Domain]</link:label>
    <link:label id="lab_bn_ClassOfStocksDomain_documentation_en-US" xlink:label="lab_bn_ClassOfStocksDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ClassOfStocksDomain" xlink:href="bn-20260630.xsd#bn_ClassOfStocksDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ClassOfStocksDomain" xlink:to="lab_bn_ClassOfStocksDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_019e89e6-1500-7cd7-a8da-81cd9427fa6b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distributions to non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid to non-controlling interests, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_019e89e6-1500-745c-b461-43dfef72aaf7_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsTable_019e89e6-13c4-7579-b934-08e935659c3d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_019e89e6-13c4-7842-8cf1-39f078b3b7b2_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_019e89e6-13c4-7661-b5ff-2735af454dcd_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations_019e89e6-1474-750e-b9d1-e9fe02e3dd24_verboseLabel_en-US" xlink:label="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity Accounted Fair Value Changes And Other Non Funds From Operations</link:label>
    <link:label id="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations_label_en-US" xlink:label="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Accounted Fair Value Changes And Other Non Funds From Operations</link:label>
    <link:label id="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations_documentation_en-US" xlink:label="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Accounted Fair Value Changes And Other Non Funds From Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations" xlink:href="bn-20260630.xsd#bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations" xlink:to="lab_bn_EquityAccountedFairValueChangesAndOtherNonFundsFromOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BatteryEnergyStorageSystemsMember_019e89e6-1474-7c76-8dc6-269472dd6d23_terseLabel_en-US" xlink:label="lab_bn_BatteryEnergyStorageSystemsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Battery Energy Storage Systems</link:label>
    <link:label id="lab_bn_BatteryEnergyStorageSystemsMember_label_en-US" xlink:label="lab_bn_BatteryEnergyStorageSystemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Battery Energy Storage Systems [Member]</link:label>
    <link:label id="lab_bn_BatteryEnergyStorageSystemsMember_documentation_en-US" xlink:label="lab_bn_BatteryEnergyStorageSystemsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Battery Energy Storage Systems</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BatteryEnergyStorageSystemsMember" xlink:href="bn-20260630.xsd#bn_BatteryEnergyStorageSystemsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BatteryEnergyStorageSystemsMember" xlink:to="lab_bn_BatteryEnergyStorageSystemsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable_019e89e6-13c4-7bd2-bd4f-9f561116aed9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of finance lease payments receivable [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of finance lease payments receivable [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A7006.30UnsecuredNotesDue2055Member_019e89e6-13c4-728d-9000-944c64506b5f_terseLabel_en-US" xlink:label="lab_bn_A7006.30UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$700 6.30% Unsecured Notes Due 2055</link:label>
    <link:label id="lab_bn_A7006.30UnsecuredNotesDue2055Member_label_en-US" xlink:label="lab_bn_A7006.30UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$700 6.30% Unsecured Notes Due 2055 [Member]</link:label>
    <link:label id="lab_bn_A7006.30UnsecuredNotesDue2055Member_documentation_en-US" xlink:label="lab_bn_A7006.30UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$700 6.30% Unsecured Notes Due 2055</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A7006.30UnsecuredNotesDue2055Member" xlink:href="bn-20260630.xsd#bn_A7006.30UnsecuredNotesDue2055Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A7006.30UnsecuredNotesDue2055Member" xlink:to="lab_bn_A7006.30UnsecuredNotesDue2055Member" xlink:type="arc" order="1"/>
    <link:label id="lab_country_DE_019e89e6-1474-749a-8366-d85061958401_terseLabel_en-US" xlink:label="lab_country_DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">GERMANY</link:label>
    <link:label id="lab_country_DE_label_en-US" xlink:label="lab_country_DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">GERMANY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_DE" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_DE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DE" xlink:to="lab_country_DE" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfBondsNotesAndDebentures_019e89e6-13c4-7b39-b1a8-f63d8fe7bd2a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings repaid</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfBondsNotesAndDebentures_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of bonds, notes and debentures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfBondsNotesAndDebentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:to="lab_ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_JointVenturesAndAssociatesDomain_019e89e6-1474-7541-9160-0bdb0eb25c55_terseLabel_en-US" xlink:label="lab_bn_JointVenturesAndAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures and associates [Domain]</link:label>
    <link:label id="lab_bn_JointVenturesAndAssociatesDomain_label_en-US" xlink:label="lab_bn_JointVenturesAndAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures and associates [Domain]</link:label>
    <link:label id="lab_bn_JointVenturesAndAssociatesDomain_documentation_en-US" xlink:label="lab_bn_JointVenturesAndAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint ventures and associates [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_JointVenturesAndAssociatesDomain" xlink:href="bn-20260630.xsd#bn_JointVenturesAndAssociatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_JointVenturesAndAssociatesDomain" xlink:to="lab_bn_JointVenturesAndAssociatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Assetssubjecttooperatingleases_019e89e6-13c4-7c94-b4b8-d334bb81d8a1_terseLabel_en-US" xlink:label="lab_bn_Assetssubjecttooperatingleases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets subject to operating leases</link:label>
    <link:label id="lab_bn_Assetssubjecttooperatingleases_label_en-US" xlink:label="lab_bn_Assetssubjecttooperatingleases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets subject to operating leases</link:label>
    <link:label id="lab_bn_Assetssubjecttooperatingleases_documentation_en-US" xlink:label="lab_bn_Assetssubjecttooperatingleases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets subject to operating leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Assetssubjecttooperatingleases" xlink:href="bn-20260630.xsd#bn_Assetssubjecttooperatingleases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Assetssubjecttooperatingleases" xlink:to="lab_bn_Assetssubjecttooperatingleases" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorporateBorrowingsMember_019e89e6-1500-797e-aa70-2f603b288bc0_terseLabel_en-US" xlink:label="lab_bn_CorporateBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate borrowings</link:label>
    <link:label id="lab_bn_CorporateBorrowingsMember_label_en-US" xlink:label="lab_bn_CorporateBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Borrowings [Member]</link:label>
    <link:label id="lab_bn_CorporateBorrowingsMember_documentation_en-US" xlink:label="lab_bn_CorporateBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorporateBorrowingsMember" xlink:href="bn-20260630.xsd#bn_CorporateBorrowingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorporateBorrowingsMember" xlink:to="lab_bn_CorporateBorrowingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfProductsAndServicesLineItems_019e89e6-1500-7b78-8894-0065999851cb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProductsAndServicesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of products and services [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfProductsAndServicesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProductsAndServicesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of products and services [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProductsAndServicesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProductsAndServicesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProductsAndServicesLineItems" xlink:to="lab_ifrs-full_DisclosureOfProductsAndServicesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SubsidiaryEquityObligationsMember_019e89e6-158c-76fd-baab-916bdf171cb9_terseLabel_en-US" xlink:label="lab_bn_SubsidiaryEquityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary equity obligations</link:label>
    <link:label id="lab_bn_SubsidiaryEquityObligationsMember_019e89e6-158c-773d-822b-313a3748fafb_verboseLabel_en-US" xlink:label="lab_bn_SubsidiaryEquityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Redeemable fund units (subsidiary equity obligations)</link:label>
    <link:label id="lab_bn_SubsidiaryEquityObligationsMember_label_en-US" xlink:label="lab_bn_SubsidiaryEquityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary Equity Obligations [Member]</link:label>
    <link:label id="lab_bn_SubsidiaryEquityObligationsMember_documentation_en-US" xlink:label="lab_bn_SubsidiaryEquityObligationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiary Equity Obligations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SubsidiaryEquityObligationsMember" xlink:href="bn-20260630.xsd#bn_SubsidiaryEquityObligationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SubsidiaryEquityObligationsMember" xlink:to="lab_bn_SubsidiaryEquityObligationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInEquity_019e89e6-1500-73a0-88d3-2b290f471c67_totalLabel_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total change in period</link:label>
    <link:label id="lab_ifrs-full_ChangesInEquity_label_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInEquity" xlink:to="lab_ifrs-full_ChangesInEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_country_BR_019e89e6-13c4-791b-9287-cc2c58b3c366_terseLabel_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazil</link:label>
    <link:label id="lab_country_BR_label_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BRAZIL</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_BR" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR" xlink:to="lab_country_BR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember_019e89e6-1474-75f7-ad06-92ebb4ca5934_terseLabel_en-US" xlink:label="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer-related intangible assets [member]</link:label>
    <link:label id="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember_label_en-US" xlink:label="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer-related intangible assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:to="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FixedandfloatingrateMember_019e89e6-158c-7790-ad42-6f1a2aee6e47_terseLabel_en-US" xlink:label="lab_bn_FixedandfloatingrateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed and floating rate [Member]</link:label>
    <link:label id="lab_bn_FixedandfloatingrateMember_label_en-US" xlink:label="lab_bn_FixedandfloatingrateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed and floating rate [Member]</link:label>
    <link:label id="lab_bn_FixedandfloatingrateMember_documentation_en-US" xlink:label="lab_bn_FixedandfloatingrateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed and floating rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FixedandfloatingrateMember" xlink:href="bn-20260630.xsd#bn_FixedandfloatingrateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FixedandfloatingrateMember" xlink:to="lab_bn_FixedandfloatingrateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_019e89e6-13c4-7562-b8ef-f14ab68da584_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity accounted investments</link:label>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_019e89e6-13c4-7d20-8329-b77a10d96827_periodStartLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of period</link:label>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_019e89e6-13c4-7b3e-a376-a566d5e679c3_periodEndLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of period</link:label>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldCorporationMember_019e89e6-1500-7e63-991d-83d465ca206e_terseLabel_en-US" xlink:label="lab_bn_BrookfieldCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Corporation</link:label>
    <link:label id="lab_bn_BrookfieldCorporationMember_label_en-US" xlink:label="lab_bn_BrookfieldCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Corporation [Member]</link:label>
    <link:label id="lab_bn_BrookfieldCorporationMember_documentation_en-US" xlink:label="lab_bn_BrookfieldCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Corporation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldCorporationMember" xlink:href="bn-20260630.xsd#bn_BrookfieldCorporationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldCorporationMember" xlink:to="lab_bn_BrookfieldCorporationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Sharebasedcompensationvestingperiod_019e89e6-1500-7241-8f35-2340dabc1806_terseLabel_en-US" xlink:label="lab_bn_Sharebasedcompensationvestingperiod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share based compensation, vesting period</link:label>
    <link:label id="lab_bn_Sharebasedcompensationvestingperiod_label_en-US" xlink:label="lab_bn_Sharebasedcompensationvestingperiod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share based compensation, vesting period</link:label>
    <link:label id="lab_bn_Sharebasedcompensationvestingperiod_documentation_en-US" xlink:label="lab_bn_Sharebasedcompensationvestingperiod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share based compensation, vesting period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Sharebasedcompensationvestingperiod" xlink:href="bn-20260630.xsd#bn_Sharebasedcompensationvestingperiod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Sharebasedcompensationvestingperiod" xlink:to="lab_bn_Sharebasedcompensationvestingperiod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_019e89e6-13c4-7f6f-8e71-e38eac4db2fb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_019e89e6-13c4-738a-aee1-26b0ba48be77_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CA_019e89e6-1500-7b4c-8dda-80b0e226704a_terseLabel_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canada</link:label>
    <link:label id="lab_country_CA_label_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CANADA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CA" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA" xlink:to="lab_country_CA" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation_019e89e6-1500-7bcf-9bc3-d7c10d1b8379_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint operation</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointOperation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_019e89e6-13c4-77c3-b95e-be963ed7226d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:to="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CO_019e89e6-1474-7fe1-b32d-3039b55938ae_terseLabel_en-US" xlink:label="lab_country_CO" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Colombia</link:label>
    <link:label id="lab_country_CO_label_en-US" xlink:label="lab_country_CO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">COLOMBIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CO" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CO"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CO" xlink:to="lab_country_CO" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_HedgingInstrumentsAtFairValue_019e89e6-1500-7d71-ae4b-8a717c3f0dbc_terseLabel_en-US" xlink:label="lab_bn_HedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Instruments at Fair Value</link:label>
    <link:label id="lab_bn_HedgingInstrumentsAtFairValue_label_en-US" xlink:label="lab_bn_HedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Instruments at Fair Value</link:label>
    <link:label id="lab_bn_HedgingInstrumentsAtFairValue_documentation_en-US" xlink:label="lab_bn_HedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedging Instruments at Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_HedgingInstrumentsAtFairValue" xlink:href="bn-20260630.xsd#bn_HedgingInstrumentsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_HedgingInstrumentsAtFairValue" xlink:to="lab_bn_HedgingInstrumentsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_country_AU_019e89e6-1474-7cb3-8139-dbfe176cd579_terseLabel_en-US" xlink:label="lab_country_AU" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Australia</link:label>
    <link:label id="lab_country_AU_label_en-US" xlink:label="lab_country_AU" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AUSTRALIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_AU" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_AU"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AU" xlink:to="lab_country_AU" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_019e89e6-13c4-7318-9bfa-152ea5b6190f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Equity accounted investments</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of interests in investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_019e89e6-1474-7071-ae5d-a4c2965dd8dd_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_019e89e6-13c4-7e18-8663-901b86efde53_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EquitySettledManagementShareOptionPlanMember_019e89e6-13c4-755a-800b-4d8cd35cf8b0_terseLabel_en-US" xlink:label="lab_bn_EquitySettledManagementShareOptionPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management Share Option Plan</link:label>
    <link:label id="lab_bn_EquitySettledManagementShareOptionPlanMember_label_en-US" xlink:label="lab_bn_EquitySettledManagementShareOptionPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Settled Management Share Option Plan [Member]</link:label>
    <link:label id="lab_bn_EquitySettledManagementShareOptionPlanMember_documentation_en-US" xlink:label="lab_bn_EquitySettledManagementShareOptionPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Settled Management Share Option Plan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EquitySettledManagementShareOptionPlanMember" xlink:href="bn-20260630.xsd#bn_EquitySettledManagementShareOptionPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EquitySettledManagementShareOptionPlanMember" xlink:to="lab_bn_EquitySettledManagementShareOptionPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction_019e89e6-1500-74db-acc0-cab93a6fe4a8_terseLabel_en-US" xlink:label="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain recognised in bargain purchase transaction</link:label>
    <link:label id="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction_label_en-US" xlink:label="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain recognised in bargain purchase transaction</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainRecognisedInBargainPurchaseTransaction"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:to="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_019e89e6-1500-708b-a77e-fa5e0a19d116_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of subsidiaries, net of cash acquired</link:label>
    <link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_019e89e6-1500-7add-b67c-e191f1af5b2f_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, liabilities</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:to="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock_019e89e6-1500-7d7f-92f5-d0ac05d51068_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of reconciliation of FFO to net income</link:label>
    <link:label id="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock_label_en-US" xlink:label="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation Of Funds From Operations To Net Income [Table Text Block]</link:label>
    <link:label id="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation Of Funds From Operations To Net Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock" xlink:to="lab_bn_DisclosureOfReconciliationOfFundsFromOperationsToNetIncomeTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisaggregationofRevenueLineItems_019e89e6-1500-7086-83d8-3d8ebbe62bc9_terseLabel_en-US" xlink:label="lab_bn_DisaggregationofRevenueLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Line Items]</link:label>
    <link:label id="lab_bn_DisaggregationofRevenueLineItems_label_en-US" xlink:label="lab_bn_DisaggregationofRevenueLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Line Items]</link:label>
    <link:label id="lab_bn_DisaggregationofRevenueLineItems_documentation_en-US" xlink:label="lab_bn_DisaggregationofRevenueLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Disaggregation of Revenue [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisaggregationofRevenueLineItems" xlink:href="bn-20260630.xsd#bn_DisaggregationofRevenueLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisaggregationofRevenueLineItems" xlink:to="lab_bn_DisaggregationofRevenueLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NetOperatingIncome_019e89e6-1500-7d7e-96a9-83ef25d88116_terseLabel_en-US" xlink:label="lab_bn_NetOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NOI</link:label>
    <link:label id="lab_bn_NetOperatingIncome_label_en-US" xlink:label="lab_bn_NetOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Operating Income</link:label>
    <link:label id="lab_bn_NetOperatingIncome_documentation_en-US" xlink:label="lab_bn_NetOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Operating Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NetOperatingIncome" xlink:href="bn-20260630.xsd#bn_NetOperatingIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NetOperatingIncome" xlink:to="lab_bn_NetOperatingIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series13ClassAPreferredSharesMember_019e89e6-158c-750b-ba09-e2ed56a48183_terseLabel_en-US" xlink:label="lab_bn_Series13ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 13 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series13ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series13ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 13 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series13ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series13ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 13 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series13ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series13ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series13ClassAPreferredSharesMember" xlink:to="lab_bn_Series13ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis_019e89e6-13c4-7d64-8744-9a0c9e8b6a5f_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_019e89e6-158d-7562-91c6-ff78a68045f1_terseLabel_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Timing of transfer of goods or services [axis]</link:label>
    <link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_label_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Timing of transfer of goods or services [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TimingOfTransferOfGoodsOrServicesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:to="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SpecialDividends_019e89e6-1500-7460-86ac-21ddb5460906_terseLabel_en-US" xlink:label="lab_bn_SpecialDividends" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Special Dividends</link:label>
    <link:label id="lab_bn_SpecialDividends_label_en-US" xlink:label="lab_bn_SpecialDividends" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Special Dividends</link:label>
    <link:label id="lab_bn_SpecialDividends_documentation_en-US" xlink:label="lab_bn_SpecialDividends" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Special Dividends</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SpecialDividends" xlink:href="bn-20260630.xsd#bn_SpecialDividends"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SpecialDividends" xlink:to="lab_bn_SpecialDividends" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherEuropeMember_019e89e6-1500-7d35-a9b1-7785b53ab8a4_netLabel_en-US" xlink:label="lab_bn_OtherEuropeMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Other Europe</link:label>
    <link:label id="lab_bn_OtherEuropeMember_label_en-US" xlink:label="lab_bn_OtherEuropeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Europe [Member]</link:label>
    <link:label id="lab_bn_OtherEuropeMember_documentation_en-US" xlink:label="lab_bn_OtherEuropeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Europe [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherEuropeMember" xlink:href="bn-20260630.xsd#bn_OtherEuropeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherEuropeMember" xlink:to="lab_bn_OtherEuropeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SustainableResourcesMember_019e89e6-1500-7734-b58e-a363a29ba10e_terseLabel_en-US" xlink:label="lab_bn_SustainableResourcesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sustainable Resources [Member]</link:label>
    <link:label id="lab_bn_SustainableResourcesMember_label_en-US" xlink:label="lab_bn_SustainableResourcesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sustainable Resources [Member]</link:label>
    <link:label id="lab_bn_SustainableResourcesMember_documentation_en-US" xlink:label="lab_bn_SustainableResourcesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sustainable Resources [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SustainableResourcesMember" xlink:href="bn-20260630.xsd#bn_SustainableResourcesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SustainableResourcesMember" xlink:to="lab_bn_SustainableResourcesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ProprietaryTechnologyMember_019e89e6-13c4-7f0c-b245-1b564eb2026e_terseLabel_en-US" xlink:label="lab_bn_ProprietaryTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proprietary technology</link:label>
    <link:label id="lab_bn_ProprietaryTechnologyMember_label_en-US" xlink:label="lab_bn_ProprietaryTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proprietary technology [Member]</link:label>
    <link:label id="lab_bn_ProprietaryTechnologyMember_documentation_en-US" xlink:label="lab_bn_ProprietaryTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proprietary technology</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ProprietaryTechnologyMember" xlink:href="bn-20260630.xsd#bn_ProprietaryTechnologyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ProprietaryTechnologyMember" xlink:to="lab_bn_ProprietaryTechnologyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_019e89e6-1474-731e-b323-23ddff5d0d0b_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for trade and other receivables [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for trade and other receivables [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_019e89e6-1474-7b7f-b824-31ebc194c17a_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating diluted earnings per share</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary_019e89e6-13c4-7b8f-ba5d-b08e9788a782_terseLabel_en-US" xlink:label="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Combined Proportion of Ownership Interest in a Subsidiary [Abstract]</link:label>
    <link:label id="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary_label_en-US" xlink:label="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Combined Proportion of Ownership Interest in a Subsidiary</link:label>
    <link:label id="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary_documentation_en-US" xlink:label="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Combined Proportion of Ownership Interest in a Subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CombinedProportionOfOwnershipInterestInASubsidiary" xlink:href="bn-20260630.xsd#bn_CombinedProportionOfOwnershipInterestInASubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CombinedProportionOfOwnershipInterestInASubsidiary" xlink:to="lab_bn_CombinedProportionOfOwnershipInterestInASubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A7006.35UnsecuredNotesDue2034Member_019e89e6-1500-7d9d-86bf-2ad581bed890_terseLabel_en-US" xlink:label="lab_bn_A7006.35UnsecuredNotesDue2034Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$700 6.35% Unsecured Notes Due 2034</link:label>
    <link:label id="lab_bn_A7006.35UnsecuredNotesDue2034Member_label_en-US" xlink:label="lab_bn_A7006.35UnsecuredNotesDue2034Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$700 6.35% Unsecured Notes Due 2034 [Member]</link:label>
    <link:label id="lab_bn_A7006.35UnsecuredNotesDue2034Member_documentation_en-US" xlink:label="lab_bn_A7006.35UnsecuredNotesDue2034Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$700 6.35% Unsecured Notes Due 2034</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A7006.35UnsecuredNotesDue2034Member" xlink:href="bn-20260630.xsd#bn_A7006.35UnsecuredNotesDue2034Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A7006.35UnsecuredNotesDue2034Member" xlink:to="lab_bn_A7006.35UnsecuredNotesDue2034Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_019e89e6-1500-719a-892f-b49a18ae194a_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in profit or loss including exchange differences, fair value measurement, assets</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in profit or loss including exchange differences, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:to="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_019e89e6-1474-71db-9873-d70a7d5c3800_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DistributableEarnings_019e89e6-158d-795e-bbed-121e1da78a0c_terseLabel_en-US" xlink:label="lab_bn_DistributableEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributable Earnings</link:label>
    <link:label id="lab_bn_DistributableEarnings_label_en-US" xlink:label="lab_bn_DistributableEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distributable Earnings</link:label>
    <link:label id="lab_bn_DistributableEarnings_documentation_en-US" xlink:label="lab_bn_DistributableEarnings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Distributable Earnings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DistributableEarnings" xlink:href="bn-20260630.xsd#bn_DistributableEarnings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DistributableEarnings" xlink:to="lab_bn_DistributableEarnings" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TritonMember_019e89e6-1474-7de9-b937-26f68deac1af_terseLabel_en-US" xlink:label="lab_bn_TritonMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Triton [Member]</link:label>
    <link:label id="lab_bn_TritonMember_label_en-US" xlink:label="lab_bn_TritonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Triton [Member]</link:label>
    <link:label id="lab_bn_TritonMember_documentation_en-US" xlink:label="lab_bn_TritonMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Triton</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TritonMember" xlink:href="bn-20260630.xsd#bn_TritonMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TritonMember" xlink:to="lab_bn_TritonMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain_019e89e6-1500-7b4f-a2c0-60cc207bfb2c_terseLabel_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Timing of transfer of goods or services [domain]</link:label>
    <link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain_label_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Timing of transfer of goods or services [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TimingOfTransferOfGoodsOrServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain" xlink:to="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InterestPaidCashPayments_019e89e6-1474-7c96-b469-cff71d585ddc_terseLabel_en-US" xlink:label="lab_bn_InterestPaidCashPayments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Paid Classified As Supplemental Cash Flow Disclosure</link:label>
    <link:label id="lab_bn_InterestPaidCashPayments_label_en-US" xlink:label="lab_bn_InterestPaidCashPayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid - Cash Payments</link:label>
    <link:label id="lab_bn_InterestPaidCashPayments_documentation_en-US" xlink:label="lab_bn_InterestPaidCashPayments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Paid Classified As Supplemental Cash Flow Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InterestPaidCashPayments" xlink:href="bn-20260630.xsd#bn_InterestPaidCashPayments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InterestPaidCashPayments" xlink:to="lab_bn_InterestPaidCashPayments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_019e89e6-1500-76e8-bd24-8d7e7b741230_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issued and Outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_019e89e6-1500-7d38-b3fe-39fb91479aa3_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_019e89e6-1500-7026-96c4-f4098a84d2a6_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IndustrialoperationsMember_019e89e6-1474-736a-9a65-ebe1ba3f5e46_terseLabel_en-US" xlink:label="lab_bn_IndustrialoperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industrial operations [Member]</link:label>
    <link:label id="lab_bn_IndustrialoperationsMember_label_en-US" xlink:label="lab_bn_IndustrialoperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industrial operations [Member]</link:label>
    <link:label id="lab_bn_IndustrialoperationsMember_documentation_en-US" xlink:label="lab_bn_IndustrialoperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industrial operations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IndustrialoperationsMember" xlink:href="bn-20260630.xsd#bn_IndustrialoperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IndustrialoperationsMember" xlink:to="lab_bn_IndustrialoperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A9505.968UnsecuredNotesDue2054Member_019e89e6-1500-7ced-a143-e7f81ca67d76_terseLabel_en-US" xlink:label="lab_bn_A9505.968UnsecuredNotesDue2054Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$950 5.968% Unsecured Notes Due 2054</link:label>
    <link:label id="lab_bn_A9505.968UnsecuredNotesDue2054Member_label_en-US" xlink:label="lab_bn_A9505.968UnsecuredNotesDue2054Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$950 5.968% Unsecured Notes Due 2054 [Member]</link:label>
    <link:label id="lab_bn_A9505.968UnsecuredNotesDue2054Member_documentation_en-US" xlink:label="lab_bn_A9505.968UnsecuredNotesDue2054Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$950 5.968% Unsecured Notes Due 2054</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A9505.968UnsecuredNotesDue2054Member" xlink:href="bn-20260630.xsd#bn_A9505.968UnsecuredNotesDue2054Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A9505.968UnsecuredNotesDue2054Member" xlink:to="lab_bn_A9505.968UnsecuredNotesDue2054Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain_019e89e6-1474-74b4-9be6-0c314db463f5_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series18ClassAPreferredSharesMember_019e89e6-13c4-7447-9661-aa9250e8d01f_terseLabel_en-US" xlink:label="lab_bn_Series18ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 18 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series18ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series18ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 18 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series18ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series18ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 18 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series18ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series18ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series18ClassAPreferredSharesMember" xlink:to="lab_bn_Series18ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_019e89e6-1474-74ff-9b9c-221716ab3c06_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesAxis" xlink:to="lab_ifrs-full_ProductsAndServicesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DividendRatePercentage_019e89e6-1474-797d-9ff1-27dd296b03c4_verboseLabel_en-US" xlink:label="lab_bn_DividendRatePercentage" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Average Rate</link:label>
    <link:label id="lab_bn_DividendRatePercentage_019e89e6-1474-7068-94bf-565c96593f77_terseLabel_en-US" xlink:label="lab_bn_DividendRatePercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, dividend rate, percentage</link:label>
    <link:label id="lab_bn_DividendRatePercentage_label_en-US" xlink:label="lab_bn_DividendRatePercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Rate, Percentage</link:label>
    <link:label id="lab_bn_DividendRatePercentage_documentation_en-US" xlink:label="lab_bn_DividendRatePercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Rate, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DividendRatePercentage" xlink:href="bn-20260630.xsd#bn_DividendRatePercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DividendRatePercentage" xlink:to="lab_bn_DividendRatePercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilities_019e89e6-158c-7ea8-ad09-0c2619011dfa_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilities" xlink:to="lab_ifrs-full_FinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_019e89e6-1500-765a-8fd1-55ce291d288d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_019e89e6-1500-780b-af2a-17df2f210e36_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUBSEQUENT EVENTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock_019e89e6-1474-723e-a2df-89346141e730_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of fair value of equity accounted investments</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock_label_en-US" xlink:label="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Based On Publicly Listed Price Of Equity Accounted Investments In Comparison To The Company's Carrying Value [Table Text Block]</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Based On Publicly Listed Price Of Equity Accounted Investments In Comparison To The Company's Carrying Value [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock" xlink:to="lab_bn_DisclosureOfFairValueBasedOnPubliclyListedPriceOfEquityAccountedInvestmentsInComparisonToTheCompanysCarryingValueTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A550Million6087UnsecuredNotesDue2033Member_019e89e6-1500-7461-bf67-0210fae181c4_terseLabel_en-US" xlink:label="lab_bn_A550Million6087UnsecuredNotesDue2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$550 million 6.087% Unsecured Notes Due 2033</link:label>
    <link:label id="lab_bn_A550Million6087UnsecuredNotesDue2033Member_label_en-US" xlink:label="lab_bn_A550Million6087UnsecuredNotesDue2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$550 million 6.087% Unsecured Notes Due 2033 [Member]</link:label>
    <link:label id="lab_bn_A550Million6087UnsecuredNotesDue2033Member_documentation_en-US" xlink:label="lab_bn_A550Million6087UnsecuredNotesDue2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$550 million 6.087% Unsecured Notes Due 2033</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A550Million6087UnsecuredNotesDue2033Member" xlink:href="bn-20260630.xsd#bn_A550Million6087UnsecuredNotesDue2033Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A550Million6087UnsecuredNotesDue2033Member" xlink:to="lab_bn_A550Million6087UnsecuredNotesDue2033Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_019e89e6-13c4-74e7-8e7e-41e5857a3b54_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets and other</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales or maturity of financial instruments, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivables_019e89e6-1500-7863-a5ff-e41eeb225dda_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivables_019e89e6-1500-7e63-9f61-f3fd76a862a0_totalLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivables_019e89e6-1500-7fea-bb5b-491d1aab4521_verboseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivables" xlink:to="lab_ifrs-full_TradeAndOtherReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_019e89e6-13c4-751c-ba31-9e39fe634d0e_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_019e89e6-1474-7f2a-89d7-1dc3565f23e1_netLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Equity accounted income</link:label>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of profit (loss) of associates and joint ventures accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_019e89e6-1500-714e-ba99-1ace036ae3ed_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AwardType1Domain_019e89e6-1474-712e-be53-3f14853fc2b3_terseLabel_en-US" xlink:label="lab_bn_AwardType1Domain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type1 [Domain]</link:label>
    <link:label id="lab_bn_AwardType1Domain_label_en-US" xlink:label="lab_bn_AwardType1Domain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type1 [Domain]</link:label>
    <link:label id="lab_bn_AwardType1Domain_documentation_en-US" xlink:label="lab_bn_AwardType1Domain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Award Type1 [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AwardType1Domain" xlink:href="bn-20260630.xsd#bn_AwardType1Domain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AwardType1Domain" xlink:to="lab_bn_AwardType1Domain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AssetManagementSegmentMember_019e89e6-1500-721f-8c2f-56bbe6ec9b6f_terseLabel_en-US" xlink:label="lab_bn_AssetManagementSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset management</link:label>
    <link:label id="lab_bn_AssetManagementSegmentMember_label_en-US" xlink:label="lab_bn_AssetManagementSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Management Segment [Member]</link:label>
    <link:label id="lab_bn_AssetManagementSegmentMember_documentation_en-US" xlink:label="lab_bn_AssetManagementSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Management [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AssetManagementSegmentMember" xlink:href="bn-20260630.xsd#bn_AssetManagementSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AssetManagementSegmentMember" xlink:to="lab_bn_AssetManagementSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NeoenMember_019e89e6-1500-7505-9d29-bfe3415680cb_terseLabel_en-US" xlink:label="lab_bn_NeoenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chemelex</link:label>
    <link:label id="lab_bn_NeoenMember_label_en-US" xlink:label="lab_bn_NeoenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Neoen [Member]</link:label>
    <link:label id="lab_bn_NeoenMember_documentation_en-US" xlink:label="lab_bn_NeoenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Neoen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NeoenMember" xlink:href="bn-20260630.xsd#bn_NeoenMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NeoenMember" xlink:to="lab_bn_NeoenMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_019e89e6-1500-78a7-a79d-851e0d02af59_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_019e89e6-1500-7f87-a16b-4c00c2d07ab6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityAxis_019e89e6-13c4-7f91-964e-b13ef0b00058_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:label id="lab_ifrs-full_MaturityAxis_label_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAxis" xlink:to="lab_ifrs-full_MaturityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CoreOfficeRealEstateMember_019e89e6-1474-7373-8b4b-8cf995392f04_terseLabel_en-US" xlink:label="lab_bn_CoreOfficeRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Core Office (Real Estate) [Member]</link:label>
    <link:label id="lab_bn_CoreOfficeRealEstateMember_label_en-US" xlink:label="lab_bn_CoreOfficeRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Core Office (Real Estate) [Member]</link:label>
    <link:label id="lab_bn_CoreOfficeRealEstateMember_documentation_en-US" xlink:label="lab_bn_CoreOfficeRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Core Office (Real Estate)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CoreOfficeRealEstateMember" xlink:href="bn-20260630.xsd#bn_CoreOfficeRealEstateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CoreOfficeRealEstateMember" xlink:to="lab_bn_CoreOfficeRealEstateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod_019e89e6-1474-7098-ab11-382dcd0acedc_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity accounted investments</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_019e89e6-158d-757c-b67c-e031b0d11f84_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income taxes</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_country_GB_019e89e6-1500-79ec-af37-442058007cad_terseLabel_en-US" xlink:label="lab_country_GB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">United Kingdom</link:label>
    <link:label id="lab_country_GB_label_en-US" xlink:label="lab_country_GB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED KINGDOM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_GB" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_GB"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GB" xlink:to="lab_country_GB" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorporateBorrowings_019e89e6-1500-7d8c-9c31-7203f7c56b65_terseLabel_en-US" xlink:label="lab_bn_CorporateBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Borrowings</link:label>
    <link:label id="lab_bn_CorporateBorrowings_019e89e6-1500-7caf-b803-c7cefc89b1c7_totalLabel_en-US" xlink:label="lab_bn_CorporateBorrowings" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Corporate Borrowings</link:label>
    <link:label id="lab_bn_CorporateBorrowings_label_en-US" xlink:label="lab_bn_CorporateBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Borrowings</link:label>
    <link:label id="lab_bn_CorporateBorrowings_documentation_en-US" xlink:label="lab_bn_CorporateBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorporateBorrowings" xlink:href="bn-20260630.xsd#bn_CorporateBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorporateBorrowings" xlink:to="lab_bn_CorporateBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Goodwill_019e89e6-158c-7b92-b87d-79fc7db78045_terseLabel_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_ifrs-full_Goodwill_label_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Goodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Goodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Goodwill" xlink:to="lab_ifrs-full_Goodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_019e89e6-13c4-7f14-bc6d-c5039dd4d50e_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates [axis]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_019e89e6-1474-73ef-a1e7-10b0520ba8bb_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_019e89e6-158c-70b3-9fdc-86e4751ae382_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ModulaireMember_019e89e6-1474-7c7d-9468-314b7e605cd0_terseLabel_en-US" xlink:label="lab_bn_ModulaireMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Modulaire [Member]</link:label>
    <link:label id="lab_bn_ModulaireMember_label_en-US" xlink:label="lab_bn_ModulaireMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Modulaire [Member]</link:label>
    <link:label id="lab_bn_ModulaireMember_documentation_en-US" xlink:label="lab_bn_ModulaireMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Modulaire</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ModulaireMember" xlink:href="bn-20260630.xsd#bn_ModulaireMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ModulaireMember" xlink:to="lab_bn_ModulaireMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ProductOrServiceAxis_019e89e6-1500-7c34-a8f9-19ecd70c92c1_terseLabel_en-US" xlink:label="lab_srt_ProductOrServiceAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:label id="lab_srt_ProductOrServiceAxis_label_en-US" xlink:label="lab_srt_ProductOrServiceAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ProductOrServiceAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ProductOrServiceAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ProductOrServiceAxis" xlink:to="lab_srt_ProductOrServiceAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_019e89e6-13c4-7947-8c00-f814d9347dec_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Bookvalueofborrowings_019e89e6-1500-7c19-a65d-4c2eaa5d5f04_terseLabel_en-US" xlink:label="lab_bn_Bookvalueofborrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Book value of borrowings</link:label>
    <link:label id="lab_bn_Bookvalueofborrowings_label_en-US" xlink:label="lab_bn_Bookvalueofborrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Book value of borrowings</link:label>
    <link:label id="lab_bn_Bookvalueofborrowings_documentation_en-US" xlink:label="lab_bn_Bookvalueofborrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Book value of borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Bookvalueofborrowings" xlink:href="bn-20260630.xsd#bn_Bookvalueofborrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Bookvalueofborrowings" xlink:to="lab_bn_Bookvalueofborrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty_019e89e6-1474-7624-b771-62a6d8507342_terseLabel_en-US" xlink:label="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions from acquisitions and business combinations, investment property</link:label>
    <link:label id="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty_label_en-US" xlink:label="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions from acquisitions and business combinations, investment property</link:label>
    <link:label id="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty_documentation_en-US" xlink:label="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additions from acquisitions and business combinations, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty" xlink:href="bn-20260630.xsd#bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty" xlink:to="lab_bn_AdditionsFromAcquisitionsAndBusinessCombinationsInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PenstocksMember_019e89e6-158d-751e-8411-81d9002cee49_terseLabel_en-US" xlink:label="lab_bn_PenstocksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Penstocks [Member]</link:label>
    <link:label id="lab_bn_PenstocksMember_label_en-US" xlink:label="lab_bn_PenstocksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Penstocks [Member]</link:label>
    <link:label id="lab_bn_PenstocksMember_documentation_en-US" xlink:label="lab_bn_PenstocksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Penstocks [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PenstocksMember" xlink:href="bn-20260630.xsd#bn_PenstocksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PenstocksMember" xlink:to="lab_bn_PenstocksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BrandNamesMember_019e89e6-1474-7486-a2fa-97b78d907d0d_terseLabel_en-US" xlink:label="lab_ifrs-full_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brand names [member]</link:label>
    <link:label id="lab_ifrs-full_BrandNamesMember_label_en-US" xlink:label="lab_ifrs-full_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brand names [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BrandNamesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BrandNamesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BrandNamesMember" xlink:to="lab_ifrs-full_BrandNamesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_019e89e6-1474-772f-a58e-c9c2f1752230_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, investment property</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_HydroelectricMember_019e89e6-1474-7eee-b333-89daed3e7cdb_terseLabel_en-US" xlink:label="lab_bn_HydroelectricMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hydroelectric [Member]</link:label>
    <link:label id="lab_bn_HydroelectricMember_label_en-US" xlink:label="lab_bn_HydroelectricMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hydroelectric [Member]</link:label>
    <link:label id="lab_bn_HydroelectricMember_documentation_en-US" xlink:label="lab_bn_HydroelectricMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hydroelectric [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_HydroelectricMember" xlink:href="bn-20260630.xsd#bn_HydroelectricMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_HydroelectricMember" xlink:to="lab_bn_HydroelectricMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock_019e89e6-13c4-7d5e-8d9a-2aecbbcca0aa_terseLabel_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Table]</link:label>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock_label_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Table Text Block]</link:label>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock_documentation_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SummaryOfTheCorporationsCapitalTableTextBlock" xlink:href="bn-20260630.xsd#bn_SummaryOfTheCorporationsCapitalTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SummaryOfTheCorporationsCapitalTableTextBlock" xlink:to="lab_bn_SummaryOfTheCorporationsCapitalTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeStatementAbstract_019e89e6-1474-751f-b301-c1540d2888a8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit or loss [abstract]</link:label>
    <link:label id="lab_ifrs-full_IncomeStatementAbstract_label_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit or loss [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeStatementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeStatementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeStatementAbstract" xlink:to="lab_ifrs-full_IncomeStatementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series8ClassAPreferredSharesMember_019e89e6-158c-7bf7-964b-ba9b1f208050_terseLabel_en-US" xlink:label="lab_bn_Series8ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 8 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series8ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series8ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 8 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series8ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series8ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 8 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series8ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series8ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series8ClassAPreferredSharesMember" xlink:to="lab_bn_Series8ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueOfCombinedEntity_019e89e6-1474-7352-aba3-c67aa8859cc9_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue of combined entity as if combination occurred at beginning of period</link:label>
    <link:label id="lab_ifrs-full_RevenueOfCombinedEntity_label_en-US" xlink:label="lab_ifrs-full_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue of combined entity as if combination occurred at beginning of period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueOfCombinedEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueOfCombinedEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueOfCombinedEntity" xlink:to="lab_ifrs-full_RevenueOfCombinedEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_019e89e6-1500-7fcd-8269-67c8bd726a0a_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingSegmentsMember_019e89e6-1474-72b8-bada-a323f398b14b_terseLabel_en-US" xlink:label="lab_ifrs-full_OperatingSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating segments</link:label>
    <link:label id="lab_ifrs-full_OperatingSegmentsMember_label_en-US" xlink:label="lab_ifrs-full_OperatingSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating segments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingSegmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingSegmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingSegmentsMember" xlink:to="lab_ifrs-full_OperatingSegmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_019e89e6-158d-7b62-8dd2-b6160db37602_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_019e89e6-1474-7628-83ec-f75e5d362fd1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract_019e89e6-158c-78de-be12-2012358cf3d3_terseLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss) attributable to:</link:label>
    <link:label id="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Miscellaneous other comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TradepayablesandotherMember_019e89e6-13c4-70a9-aeca-1e2a4d9ee528_terseLabel_en-US" xlink:label="lab_bn_TradepayablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other1</link:label>
    <link:label id="lab_bn_TradepayablesandotherMember_019e89e6-13c4-7df4-a906-2f939c15a5dd_verboseLabel_en-US" xlink:label="lab_bn_TradepayablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other</link:label>
    <link:label id="lab_bn_TradepayablesandotherMember_label_en-US" xlink:label="lab_bn_TradepayablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade payables and other [Member]</link:label>
    <link:label id="lab_bn_TradepayablesandotherMember_documentation_en-US" xlink:label="lab_bn_TradepayablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trade payables and other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TradepayablesandotherMember" xlink:href="bn-20260630.xsd#bn_TradepayablesandotherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TradepayablesandotherMember" xlink:to="lab_bn_TradepayablesandotherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_019e89e6-1500-753a-8939-9b0ebdcb03da_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_019e89e6-1500-7b87-ba67-43ec28530759_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income per share:</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareAbstract" xlink:to="lab_ifrs-full_EarningsPerShareAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeAxis_019e89e6-1474-7040-8d99-9dfddb50c0af_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:label id="lab_ifrs-full_RangeAxis_label_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RestatedMember_019e89e6-1474-72ec-a437-25e5c512ca9d_terseLabel_en-US" xlink:label="lab_ifrs-full_RestatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currently stated</link:label>
    <link:label id="lab_ifrs-full_RestatedMember_label_en-US" xlink:label="lab_ifrs-full_RestatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currently stated [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RestatedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RestatedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestatedMember" xlink:to="lab_ifrs-full_RestatedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_019e89e6-1500-7f81-9147-7bc4f0048808_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FixedInterestRateMember_019e89e6-1474-7c82-8047-5838bc019849_terseLabel_en-US" xlink:label="lab_ifrs-full_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed rate</link:label>
    <link:label id="lab_ifrs-full_FixedInterestRateMember_019e89e6-1474-7da9-b06d-ed097abd3c6a_verboseLabel_en-US" xlink:label="lab_ifrs-full_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fixed rate</link:label>
    <link:label id="lab_ifrs-full_FixedInterestRateMember_label_en-US" xlink:label="lab_ifrs-full_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed interest rate [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FixedInterestRateMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FixedInterestRateMember" xlink:to="lab_ifrs-full_FixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory_019e89e6-1474-75af-adc2-fdd00bc3fc29_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows_019e89e6-158c-7b7d-85f2-583a13c791f9_terseLabel_en-US" xlink:label="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period In Which Cash Flow Are Discounted With A Residual Value Based On The Terminal Value Cash Flows</link:label>
    <link:label id="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows_label_en-US" xlink:label="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period In Which Cash Flow Are Discounted With A Residual Value Based On The Terminal Value Cash Flows</link:label>
    <link:label id="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows_documentation_en-US" xlink:label="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Period In Which Cash Flow Are Discounted With A Residual Value Based On The Terminal Value Cash Flows</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows" xlink:href="bn-20260630.xsd#bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows" xlink:to="lab_bn_PeriodInWhichCashFlowAreDiscountedWithAResidualValueBasedOnTheTerminalValueCashFlows" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UnrealizedFVTOCIGainorLossAxis_019e89e6-1500-7d88-8e41-a9e6c6684bad_terseLabel_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainorLossAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Security Category [Axis]</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCIGainorLossAxis_label_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainorLossAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Gain or Loss [Axis]</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCIGainorLossAxis_documentation_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainorLossAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Gain or Loss [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UnrealizedFVTOCIGainorLossAxis" xlink:href="bn-20260630.xsd#bn_UnrealizedFVTOCIGainorLossAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UnrealizedFVTOCIGainorLossAxis" xlink:to="lab_bn_UnrealizedFVTOCIGainorLossAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareholdersLoanMember_019e89e6-158d-71c3-a2ce-4eda6b539d40_terseLabel_en-US" xlink:label="lab_bn_ShareholdersLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholders' Loan</link:label>
    <link:label id="lab_bn_ShareholdersLoanMember_label_en-US" xlink:label="lab_bn_ShareholdersLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shareholders' Loan [Member]</link:label>
    <link:label id="lab_bn_ShareholdersLoanMember_documentation_en-US" xlink:label="lab_bn_ShareholdersLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shareholders' Loan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareholdersLoanMember" xlink:href="bn-20260630.xsd#bn_ShareholdersLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareholdersLoanMember" xlink:to="lab_bn_ShareholdersLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_019e89e6-1474-7e4a-905c-3cad0152a815_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_019e89e6-1474-7d71-aaeb-b75c6febbbbe_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposition of subsidiaries, net of cash disposed</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from losing control of subsidiaries or other businesses, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AnnualInformationForm_019e89e6-13c4-78d2-a34c-c4242f77fe4c_terseLabel_en-US" xlink:label="lab_dei_AnnualInformationForm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual Information Form</link:label>
    <link:label id="lab_dei_AnnualInformationForm_label_en-US" xlink:label="lab_dei_AnnualInformationForm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Information Form</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AnnualInformationForm" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AnnualInformationForm" xlink:to="lab_dei_AnnualInformationForm" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityPrimarySicNumber_019e89e6-1500-7343-8ae3-02bcd23f6a1a_terseLabel_en-US" xlink:label="lab_dei_EntityPrimarySicNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Primary SIC Number</link:label>
    <link:label id="lab_dei_EntityPrimarySicNumber_label_en-US" xlink:label="lab_dei_EntityPrimarySicNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Primary SIC Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityPrimarySicNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPrimarySicNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityPrimarySicNumber" xlink:to="lab_dei_EntityPrimarySicNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract_019e89e6-158d-75e0-bcd5-8a9d301dcf3b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series46ClassAPreferredSharesMember_019e89e6-158d-7451-82c3-c6bc90d6f398_terseLabel_en-US" xlink:label="lab_bn_Series46ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 46 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series46ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series46ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 46 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series46ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series46ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 46 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series46ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series46ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series46ClassAPreferredSharesMember" xlink:to="lab_bn_Series46ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_019e89e6-158c-7f39-b915-20ea5d7349b7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems_019e89e6-1500-75f8-8f51-314b0a0f6525_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Associates And Joint Ventures [Line Items]</link:label>
    <link:label id="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems_label_en-US" xlink:label="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Associates And Joint Ventures [Line Items]</link:label>
    <link:label id="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems_documentation_en-US" xlink:label="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Disclosure Of Associates And Joint Ventures [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:href="bn-20260630.xsd#bn_DisclosureOfAssociatesAndJointVenturesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:to="lab_bn_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorLocation_019e89e6-1500-7fea-b849-1aa6df0a628c_terseLabel_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Location</link:label>
    <link:label id="lab_dei_AuditorLocation_label_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Location</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorLocation" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorLocation" xlink:to="lab_dei_AuditorLocation" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ReturnofCapital_019e89e6-158c-7829-a203-f808946d92fb_terseLabel_en-US" xlink:label="lab_bn_ReturnofCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Return of Capital</link:label>
    <link:label id="lab_bn_ReturnofCapital_label_en-US" xlink:label="lab_bn_ReturnofCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Return of Capital</link:label>
    <link:label id="lab_bn_ReturnofCapital_documentation_en-US" xlink:label="lab_bn_ReturnofCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Return of Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ReturnofCapital" xlink:href="bn-20260630.xsd#bn_ReturnofCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ReturnofCapital" xlink:to="lab_bn_ReturnofCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A350470UnsecuredNotesDue2047Member_019e89e6-1500-78a4-926a-2c81762b770e_terseLabel_en-US" xlink:label="lab_bn_A350470UnsecuredNotesDue2047Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$350 4.70% Unsecured Notes Due 2047</link:label>
    <link:label id="lab_bn_A350470UnsecuredNotesDue2047Member_label_en-US" xlink:label="lab_bn_A350470UnsecuredNotesDue2047Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$350 4.70% Unsecured Notes Due 2047 [Member]</link:label>
    <link:label id="lab_bn_A350470UnsecuredNotesDue2047Member_documentation_en-US" xlink:label="lab_bn_A350470UnsecuredNotesDue2047Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$350 4.70% Unsecured Notes Due 2047</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A350470UnsecuredNotesDue2047Member" xlink:href="bn-20260630.xsd#bn_A350470UnsecuredNotesDue2047Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A350470UnsecuredNotesDue2047Member" xlink:to="lab_bn_A350470UnsecuredNotesDue2047Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod_019ff18f-dcbe-7c4a-a88c-75fc59eac7cd_terseLabel_en-US" xlink:label="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange period</link:label>
    <link:label id="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod_label_en-US" xlink:label="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting Requirements For Share-Based Payment Arrangement, Exchange Period</link:label>
    <link:label id="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod_documentation_en-US" xlink:label="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Vesting Requirements For Share-Based Payment Arrangement, Exchange Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod" xlink:href="bn-20260630.xsd#bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod" xlink:to="lab_bn_VestingRequirementsForShareBasedPaymentArrangementExchangePeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfRealEstateProperties_019ff170-cd8b-7139-a2df-18822b7362e7_terseLabel_en-US" xlink:label="lab_bn_NumberOfRealEstateProperties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of real estate properties</link:label>
    <link:label id="lab_bn_NumberOfRealEstateProperties_label_en-US" xlink:label="lab_bn_NumberOfRealEstateProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Real Estate Properties</link:label>
    <link:label id="lab_bn_NumberOfRealEstateProperties_documentation_en-US" xlink:label="lab_bn_NumberOfRealEstateProperties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Real Estate Properties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfRealEstateProperties" xlink:href="bn-20260630.xsd#bn_NumberOfRealEstateProperties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfRealEstateProperties" xlink:to="lab_bn_NumberOfRealEstateProperties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_019e89e6-13c4-7871-a9f0-81095ba36179_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesDomain" xlink:to="lab_ifrs-full_ProductsAndServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory_019e89e6-1474-767c-b00b-5d340d877b58_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SEGMENTED INFORMATION</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageShares_019e89e6-1474-7e3e-9217-629f1ebfb6c8_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average - common shares</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageShares" xlink:to="lab_ifrs-full_WeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_019e89e6-1500-7508-8c77-df8c14f13a32_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EquityAccountedIncomeNarrativeAbstract_019e89e6-1500-7e43-920f-b8e208a45c46_terseLabel_en-US" xlink:label="lab_bn_EquityAccountedIncomeNarrativeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Accounted Income - Narrative [Abstract]</link:label>
    <link:label id="lab_bn_EquityAccountedIncomeNarrativeAbstract_label_en-US" xlink:label="lab_bn_EquityAccountedIncomeNarrativeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Accounted Income - Narrative [Abstract]</link:label>
    <link:label id="lab_bn_EquityAccountedIncomeNarrativeAbstract_documentation_en-US" xlink:label="lab_bn_EquityAccountedIncomeNarrativeAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Accounted Income - Narrative [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EquityAccountedIncomeNarrativeAbstract" xlink:href="bn-20260630.xsd#bn_EquityAccountedIncomeNarrativeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EquityAccountedIncomeNarrativeAbstract" xlink:to="lab_bn_EquityAccountedIncomeNarrativeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsTable_019e89e6-13c4-72ab-b552-91a40121c3c4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NationalGridMember_019e89e6-13c4-7ff0-b936-1f658dc442e3_terseLabel_en-US" xlink:label="lab_bn_NationalGridMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">National Grid</link:label>
    <link:label id="lab_bn_NationalGridMember_label_en-US" xlink:label="lab_bn_NationalGridMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">National Grid [Member]</link:label>
    <link:label id="lab_bn_NationalGridMember_documentation_en-US" xlink:label="lab_bn_NationalGridMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">National Grid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NationalGridMember" xlink:href="bn-20260630.xsd#bn_NationalGridMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NationalGridMember" xlink:to="lab_bn_NationalGridMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Borrowings_019e89e6-158d-7bea-8141-7db08401aea9_terseLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate borrowings</link:label>
    <link:label id="lab_ifrs-full_Borrowings_label_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Borrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Borrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_HomeServeMember_019e89e6-1500-7234-a295-e7077903c7f3_terseLabel_en-US" xlink:label="lab_bn_HomeServeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HomeServe</link:label>
    <link:label id="lab_bn_HomeServeMember_label_en-US" xlink:label="lab_bn_HomeServeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HomeServe [Member]</link:label>
    <link:label id="lab_bn_HomeServeMember_documentation_en-US" xlink:label="lab_bn_HomeServeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HomeServe</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_HomeServeMember" xlink:href="bn-20260630.xsd#bn_HomeServeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_HomeServeMember" xlink:to="lab_bn_HomeServeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherFinancialAssets_019e89e6-1500-7b5a-b3ab-7f035a4cf167_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherFinancialAssets_019e89e6-1500-76cd-a0a8-715698e52ceb_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_OtherFinancialAssets_019e89e6-1500-7a2f-ad8d-c33abea14755_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherFinancialAssets" xlink:to="lab_ifrs-full_OtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract_019e89e6-1500-7dbc-affe-fe5059470461_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in subsidiaries, joint ventures and associates [abstract]</link:label>
    <link:label id="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract_label_en-US" xlink:label="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:to="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfOperatingBusinessGroups_019e89e6-1500-78fe-ad4a-39f69e7cc611_terseLabel_en-US" xlink:label="lab_bn_NumberOfOperatingBusinessGroups" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of operating business groups</link:label>
    <link:label id="lab_bn_NumberOfOperatingBusinessGroups_label_en-US" xlink:label="lab_bn_NumberOfOperatingBusinessGroups" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Operating Business Groups</link:label>
    <link:label id="lab_bn_NumberOfOperatingBusinessGroups_documentation_en-US" xlink:label="lab_bn_NumberOfOperatingBusinessGroups" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Operating Business Groups</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfOperatingBusinessGroups" xlink:href="bn-20260630.xsd#bn_NumberOfOperatingBusinessGroups"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfOperatingBusinessGroups" xlink:to="lab_bn_NumberOfOperatingBusinessGroups" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_019e89e6-1500-7b9f-815e-ce9a2b2baa11_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ViaBWSMember_019e89e6-1500-78ae-bea8-f6eba60320bc_terseLabel_en-US" xlink:label="lab_bn_ViaBWSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Via BWS</link:label>
    <link:label id="lab_bn_ViaBWSMember_label_en-US" xlink:label="lab_bn_ViaBWSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Via BWS [Member]</link:label>
    <link:label id="lab_bn_ViaBWSMember_documentation_en-US" xlink:label="lab_bn_ViaBWSMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Via BWS</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ViaBWSMember" xlink:href="bn-20260630.xsd#bn_ViaBWSMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ViaBWSMember" xlink:to="lab_bn_ViaBWSMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_019e89e6-13c4-7e48-85e2-fb5930455d54_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_019e89e6-13c4-78a0-b4bb-b99db4447d92_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A150435UnsecuredNotesDue2030Member_019e89e6-1500-7b19-a1e6-41053ef8d301_terseLabel_en-US" xlink:label="lab_bn_A150435UnsecuredNotesDue2030Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$150 4.35% Unsecured Notes Due 2030</link:label>
    <link:label id="lab_bn_A150435UnsecuredNotesDue2030Member_label_en-US" xlink:label="lab_bn_A150435UnsecuredNotesDue2030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$150 4.35% Unsecured Notes Due 2030 [Member]</link:label>
    <link:label id="lab_bn_A150435UnsecuredNotesDue2030Member_documentation_en-US" xlink:label="lab_bn_A150435UnsecuredNotesDue2030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$150 4.35% Unsecured Notes Due 2030</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A150435UnsecuredNotesDue2030Member" xlink:href="bn-20260630.xsd#bn_A150435UnsecuredNotesDue2030Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A150435UnsecuredNotesDue2030Member" xlink:to="lab_bn_A150435UnsecuredNotesDue2030Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PreferenceSharesMember_019e89e6-1474-7fac-bc52-80592bfae8ad_terseLabel_en-US" xlink:label="lab_ifrs-full_PreferenceSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares</link:label>
    <link:label id="lab_ifrs-full_PreferenceSharesMember_label_en-US" xlink:label="lab_ifrs-full_PreferenceSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preference shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PreferenceSharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PreferenceSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PreferenceSharesMember" xlink:to="lab_ifrs-full_PreferenceSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InfrastructureMember_019e89e6-158c-7ea2-98c7-255252802c5e_terseLabel_en-US" xlink:label="lab_bn_InfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Infrastructure</link:label>
    <link:label id="lab_bn_InfrastructureMember_label_en-US" xlink:label="lab_bn_InfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Infrastructure [Member]</link:label>
    <link:label id="lab_bn_InfrastructureMember_documentation_en-US" xlink:label="lab_bn_InfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Infrastructure [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InfrastructureMember" xlink:href="bn-20260630.xsd#bn_InfrastructureMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InfrastructureMember" xlink:to="lab_bn_InfrastructureMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EmployeesandDirectorsMember_019e89e6-158c-706c-bf24-4fb074a30970_terseLabel_en-US" xlink:label="lab_bn_EmployeesandDirectorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employees and Directors</link:label>
    <link:label id="lab_bn_EmployeesandDirectorsMember_label_en-US" xlink:label="lab_bn_EmployeesandDirectorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employees and Directors [Member]</link:label>
    <link:label id="lab_bn_EmployeesandDirectorsMember_documentation_en-US" xlink:label="lab_bn_EmployeesandDirectorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employees and Directors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EmployeesandDirectorsMember" xlink:href="bn-20260630.xsd#bn_EmployeesandDirectorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EmployeesandDirectorsMember" xlink:to="lab_bn_EmployeesandDirectorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCurrentReportingStatus_019e89e6-13c4-7f56-ab93-9ca3567dd5ae_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus" xlink:to="lab_dei_EntityCurrentReportingStatus" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldInvestmentsCorporationMember_019e89e6-1474-75e0-a8b0-ad6824495007_terseLabel_en-US" xlink:label="lab_bn_BrookfieldInvestmentsCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BIC</link:label>
    <link:label id="lab_bn_BrookfieldInvestmentsCorporationMember_label_en-US" xlink:label="lab_bn_BrookfieldInvestmentsCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Investments Corporation [Member]</link:label>
    <link:label id="lab_bn_BrookfieldInvestmentsCorporationMember_documentation_en-US" xlink:label="lab_bn_BrookfieldInvestmentsCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Investments Corporation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldInvestmentsCorporationMember" xlink:href="bn-20260630.xsd#bn_BrookfieldInvestmentsCorporationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldInvestmentsCorporationMember" xlink:to="lab_bn_BrookfieldInvestmentsCorporationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_019e89e6-1500-7361-9675-c0075fcb909f_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2 to 3 Years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_019e89e6-158c-78c2-941b-071b4b9e2c40_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series42ClassAPreferredSharesMember_019e89e6-1500-79be-b7c8-6ef39f96528e_terseLabel_en-US" xlink:label="lab_bn_Series42ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 42 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series42ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series42ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 42 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series42ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series42ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 42 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series42ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series42ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series42ClassAPreferredSharesMember" xlink:to="lab_bn_Series42ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IndiaREITDeconsolidation_019e89e6-13c4-747c-8b39-119d038947f3_terseLabel_en-US" xlink:label="lab_bn_IndiaREITDeconsolidation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">India REIT Deconsolidation</link:label>
    <link:label id="lab_bn_IndiaREITDeconsolidation_label_en-US" xlink:label="lab_bn_IndiaREITDeconsolidation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">India REIT Deconsolidation</link:label>
    <link:label id="lab_bn_IndiaREITDeconsolidation_documentation_en-US" xlink:label="lab_bn_IndiaREITDeconsolidation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">India REIT Deconsolidation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IndiaREITDeconsolidation" xlink:href="bn-20260630.xsd#bn_IndiaREITDeconsolidation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IndiaREITDeconsolidation" xlink:to="lab_bn_IndiaREITDeconsolidation" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CommercialPaperAndBorrowingsNet_019e89e6-1474-7e0a-8263-e276eaa527a8_terseLabel_en-US" xlink:label="lab_bn_CommercialPaperAndBorrowingsNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial paper and borrowings, net</link:label>
    <link:label id="lab_bn_CommercialPaperAndBorrowingsNet_label_en-US" xlink:label="lab_bn_CommercialPaperAndBorrowingsNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial paper and borrowings, net</link:label>
    <link:label id="lab_bn_CommercialPaperAndBorrowingsNet_documentation_en-US" xlink:label="lab_bn_CommercialPaperAndBorrowingsNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commercial paper and borrowings, net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CommercialPaperAndBorrowingsNet" xlink:href="bn-20260630.xsd#bn_CommercialPaperAndBorrowingsNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CommercialPaperAndBorrowingsNet" xlink:to="lab_bn_CommercialPaperAndBorrowingsNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_019e89e6-1474-7c5d-bf9f-e859aabe027f_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_019e89e6-13c4-765d-a49c-fb5f5c0a82dc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_019e89e6-13c4-75bd-84a5-ca99107c9c58_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_019e89e6-1474-72e9-befe-983dfe1c3886_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfHedgesDomain_019e89e6-1474-7cf4-ad44-6ecd446a0b22_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of hedges [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfHedgesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of hedges [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfHedgesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesDomain" xlink:to="lab_ifrs-full_TypesOfHedgesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare_019e89e6-158c-7bc7-9cc9-ff9e4b3d2b6c_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid, ordinary shares per share</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, ordinary shares per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:to="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_019e89e6-158c-75ea-8c9f-2f32cfe7f65b_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings</link:label>
    <link:label id="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_019e89e6-158c-7936-a56b-5edbc4cdaa89_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings</link:label>
    <link:label id="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock_019e89e6-1500-7af4-99d9-e5908c75b1dd_terseLabel_en-US" xlink:label="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of the Corporation's Capital [Table]</link:label>
    <link:label id="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock_label_en-US" xlink:label="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of the Corporation's Capital [Table Text Block]</link:label>
    <link:label id="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock_documentation_en-US" xlink:label="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reconciliation of the Corporation's Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock" xlink:href="bn-20260630.xsd#bn_ReconciliationOfTheCorporationsCapitalTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock" xlink:to="lab_bn_ReconciliationOfTheCorporationsCapitalTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_019e89e6-13c4-7788-9e7a-f64ccf07b1a2_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_019e89e6-13c4-77ea-ae4c-e52e375c7dd1_terseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bottom of range</link:label>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_019e89e6-13c4-7fd1-bef6-8180b3fd6857_verboseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Bottom of range</link:label>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bottom of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_IN_019e89e6-1474-74c9-9416-004ed7ea6016_terseLabel_en-US" xlink:label="lab_country_IN" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INDIA</link:label>
    <link:label id="lab_country_IN_label_en-US" xlink:label="lab_country_IN" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">INDIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_IN" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_IN"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IN" xlink:to="lab_country_IN" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_019e89e6-13c4-7f12-ae9e-ef43bdd52ebf_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortized Cost</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortised cost, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLoss_019e89e6-1500-7705-801a-9a2f959b1749_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_019e89e6-1500-7476-ae1e-2b010173267d_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary_019e89e6-1500-7806-b658-4e6ef650f617_terseLabel_en-US" xlink:label="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dilutive effect of exchangeable shares issued in a consolidated subsidiary</link:label>
    <link:label id="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary_label_en-US" xlink:label="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive effect of exchangeable shares issued in a consolidated subsidiary</link:label>
    <link:label id="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary_documentation_en-US" xlink:label="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dilutive effect of exchangeable shares issued in a consolidated subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary" xlink:href="bn-20260630.xsd#bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary" xlink:to="lab_bn_DilutiveEffectOfExchangeableSharesIssuedInAConsolidatedSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member_019e89e6-13c4-77ba-a4a9-fe348165f5a5_terseLabel_en-US" xlink:label="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Term Debt Maturing On January 5, 2024</link:label>
    <link:label id="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member_label_en-US" xlink:label="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U.S. Term Debt Maturing On January 5, 2024 [Member]</link:label>
    <link:label id="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member_documentation_en-US" xlink:label="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">U.S. Term Debt Maturing On January 5, 2024</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_U.S.TermDebtMaturingOnJanuary52024Member" xlink:href="bn-20260630.xsd#bn_U.S.TermDebtMaturingOnJanuary52024Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_U.S.TermDebtMaturingOnJanuary52024Member" xlink:to="lab_bn_U.S.TermDebtMaturingOnJanuary52024Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssets_019e89e6-158c-738e-988b-4a4c57cf7f03_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_019e89e6-158d-76b1-8c89-1c868daa3483_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial assets, carrying value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_019e89e6-1474-7f48-bdf5-fef3e987d32d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities" xlink:to="lab_ifrs-full_NoncurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_019e89e6-1474-730f-97d0-c31ac8e90f6b_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TerminalYear_019e89e6-158c-7c68-a586-2ee5373eca38_terseLabel_en-US" xlink:label="lab_bn_TerminalYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Terminal Year</link:label>
    <link:label id="lab_bn_TerminalYear_label_en-US" xlink:label="lab_bn_TerminalYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Terminal Year</link:label>
    <link:label id="lab_bn_TerminalYear_documentation_en-US" xlink:label="lab_bn_TerminalYear" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Terminal Year</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TerminalYear" xlink:href="bn-20260630.xsd#bn_TerminalYear"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TerminalYear" xlink:to="lab_bn_TerminalYear" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_XElioMember_019e89e6-1474-735b-b5b2-1df93c8be346_terseLabel_en-US" xlink:label="lab_bn_XElioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">X-Elio [Member]</link:label>
    <link:label id="lab_bn_XElioMember_label_en-US" xlink:label="lab_bn_XElioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">X-Elio [Member]</link:label>
    <link:label id="lab_bn_XElioMember_documentation_en-US" xlink:label="lab_bn_XElioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">X-Elio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_XElioMember" xlink:href="bn-20260630.xsd#bn_XElioMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_XElioMember" xlink:to="lab_bn_XElioMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentRegistrationStatement_019e89e6-1474-777b-a86f-103a3c945664_terseLabel_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Registration Statement</link:label>
    <link:label id="lab_dei_DocumentRegistrationStatement_label_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Registration Statement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentRegistrationStatement" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentRegistrationStatement" xlink:to="lab_dei_DocumentRegistrationStatement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_019e89e6-1500-7b98-b34c-94752acd99d4_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares issued</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssued" xlink:to="lab_ifrs-full_NumberOfSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IndustrialproductsMember_019e89e6-13c4-768d-9882-1caa849312e1_terseLabel_en-US" xlink:label="lab_bn_IndustrialproductsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industrial products [Member]</link:label>
    <link:label id="lab_bn_IndustrialproductsMember_label_en-US" xlink:label="lab_bn_IndustrialproductsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industrial products [Member]</link:label>
    <link:label id="lab_bn_IndustrialproductsMember_documentation_en-US" xlink:label="lab_bn_IndustrialproductsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industrial products [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IndustrialproductsMember" xlink:href="bn-20260630.xsd#bn_IndustrialproductsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IndustrialproductsMember" xlink:to="lab_bn_IndustrialproductsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceIncIVMember_019ff176-32cf-7b5e-8be5-ecdb14aa967f_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceIncIVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc IV</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIncIVMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceIncIVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc IV [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIncIVMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceIncIVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc IV</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceIncIVMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceIncIVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceIncIVMember" xlink:to="lab_bn_BrookfieldFinanceIncIVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_019e89e6-1474-7f4c-bc56-710d7ae3c75b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of entity's operating segments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of entity's operating segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems_019e89e6-13c4-7e57-ba07-5ac9df624195_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of carrying value and fair value of assets and liabilities</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems_label_en-US" xlink:label="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems_documentation_en-US" xlink:label="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Disclosure Of Fair Value Measurement Of Assets And Liabilities [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:href="bn-20260630.xsd#bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:to="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationRightofuseAssets_019e89e6-1500-7fdd-ba49-155fe19f52ea_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_DepreciationRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationRightofuseAssets" xlink:to="lab_ifrs-full_DepreciationRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AddRealEstateSegmentDispositionGains_019e89e6-158c-74be-a794-2058cdb613e7_terseLabel_en-US" xlink:label="lab_bn_AddRealEstateSegmentDispositionGains" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Real Estate segment disposition gains</link:label>
    <link:label id="lab_bn_AddRealEstateSegmentDispositionGains_label_en-US" xlink:label="lab_bn_AddRealEstateSegmentDispositionGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Add: Real Estate segment disposition gains</link:label>
    <link:label id="lab_bn_AddRealEstateSegmentDispositionGains_documentation_en-US" xlink:label="lab_bn_AddRealEstateSegmentDispositionGains" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Add: Real Estate segment disposition gains</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AddRealEstateSegmentDispositionGains" xlink:href="bn-20260630.xsd#bn_AddRealEstateSegmentDispositionGains"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AddRealEstateSegmentDispositionGains" xlink:to="lab_bn_AddRealEstateSegmentDispositionGains" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_019e89e6-1474-770d-8c95-b5ec99ac0ee2_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_019e89e6-1474-7539-94bc-d3a06e94e509_verboseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_019e89e6-1500-71bf-a240-27f7a42cfd93_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_label_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PrivateEquityandOtherSegmentsMember_019e89e6-13c4-73a3-8b4c-d829038d54ef_terseLabel_en-US" xlink:label="lab_bn_PrivateEquityandOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private Equity and Other</link:label>
    <link:label id="lab_bn_PrivateEquityandOtherSegmentsMember_label_en-US" xlink:label="lab_bn_PrivateEquityandOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Equity and Other Segments [Member]</link:label>
    <link:label id="lab_bn_PrivateEquityandOtherSegmentsMember_documentation_en-US" xlink:label="lab_bn_PrivateEquityandOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Equity and Other Segments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PrivateEquityandOtherSegmentsMember" xlink:href="bn-20260630.xsd#bn_PrivateEquityandOtherSegmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PrivateEquityandOtherSegmentsMember" xlink:to="lab_bn_PrivateEquityandOtherSegmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_019e89e6-13c4-774b-b523-555920e33194_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for leases [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PerpetualPreferredSharesMember_019e89e6-13c4-7d83-86d8-932ecbdbe4cc_terseLabel_en-US" xlink:label="lab_bn_PerpetualPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Perpetual Preferred Shares</link:label>
    <link:label id="lab_bn_PerpetualPreferredSharesMember_label_en-US" xlink:label="lab_bn_PerpetualPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Perpetual Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_PerpetualPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_PerpetualPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Perpetual Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PerpetualPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_PerpetualPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PerpetualPreferredSharesMember" xlink:to="lab_bn_PerpetualPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember_019e89e6-158d-77dd-a3e2-b825822ba9a9_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities not classified as held for sale [member]</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities not classified as held for sale [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationAndAmortisationExpense_019e89e6-1474-731b-9be4-1d0ad8bcd9f8_verboseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_ifrs-full_DepreciationAndAmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation and amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationAndAmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationAndAmortisationExpense" xlink:to="lab_ifrs-full_DepreciationAndAmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_BusinessContactMember_019e89e6-13c4-7e33-9b5d-5308503b5551_terseLabel_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Contact</link:label>
    <link:label id="lab_dei_BusinessContactMember_label_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Contact [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_BusinessContactMember" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_BusinessContactMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_BusinessContactMember" xlink:to="lab_dei_BusinessContactMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A600435UnsecuredNotesDue2030Member_019e89e6-158c-723c-b2f5-787406cdcd31_terseLabel_en-US" xlink:label="lab_bn_A600435UnsecuredNotesDue2030Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$600 4.35% Unsecured Notes Due 2030</link:label>
    <link:label id="lab_bn_A600435UnsecuredNotesDue2030Member_label_en-US" xlink:label="lab_bn_A600435UnsecuredNotesDue2030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$600 4.35% Unsecured Notes Due 2030 [Member]</link:label>
    <link:label id="lab_bn_A600435UnsecuredNotesDue2030Member_documentation_en-US" xlink:label="lab_bn_A600435UnsecuredNotesDue2030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2030 [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A600435UnsecuredNotesDue2030Member" xlink:href="bn-20260630.xsd#bn_A600435UnsecuredNotesDue2030Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A600435UnsecuredNotesDue2030Member" xlink:to="lab_bn_A600435UnsecuredNotesDue2030Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_019e89e6-1474-7000-9987-1bfa93af055c_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesAbstract" xlink:to="lab_ifrs-full_LiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NonCashDistribution_019e89e6-1500-755d-9067-5b678af3b283_terseLabel_en-US" xlink:label="lab_bn_NonCashDistribution" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cash distribution</link:label>
    <link:label id="lab_bn_NonCashDistribution_label_en-US" xlink:label="lab_bn_NonCashDistribution" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-cash distribution</link:label>
    <link:label id="lab_bn_NonCashDistribution_documentation_en-US" xlink:label="lab_bn_NonCashDistribution" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-cash distribution</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NonCashDistribution" xlink:href="bn-20260630.xsd#bn_NonCashDistribution"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NonCashDistribution" xlink:to="lab_bn_NonCashDistribution" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PreferredequityMember_019e89e6-158c-71b7-8e93-d7d5c5c8e843_terseLabel_en-US" xlink:label="lab_bn_PreferredequityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred equity</link:label>
    <link:label id="lab_bn_PreferredequityMember_label_en-US" xlink:label="lab_bn_PreferredequityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred equity [Member]</link:label>
    <link:label id="lab_bn_PreferredequityMember_documentation_en-US" xlink:label="lab_bn_PreferredequityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"></link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PreferredequityMember" xlink:href="bn-20260630.xsd#bn_PreferredequityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PreferredequityMember" xlink:to="lab_bn_PreferredequityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty_019e89e6-1474-74b8-a83e-82bc94a4b933_terseLabel_en-US" xlink:label="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Horizon (years)</link:label>
    <link:label id="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty_label_en-US" xlink:label="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Horizon Used In Current Estimate Of Fair Value, Investment Property</link:label>
    <link:label id="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty_documentation_en-US" xlink:label="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Horizon Used In Current Estimate Of Fair Value, Investment Property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty" xlink:href="bn-20260630.xsd#bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty" xlink:to="lab_bn_InvestmentHorizonUsedInCurrentEstimateOfFairValueInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_019e89e6-1474-73f7-afd9-1c180cc8876e_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountMember_019e89e6-1500-791f-a375-5d4c7e71940c_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UnrealizedFVTOCIGainMember_019e89e6-13c4-7297-a0a3-58c9418d8470_terseLabel_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized Available-for-Sale Gain</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCIGainMember_label_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Gain [Member]</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCIGainMember_documentation_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Gain [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UnrealizedFVTOCIGainMember" xlink:href="bn-20260630.xsd#bn_UnrealizedFVTOCIGainMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UnrealizedFVTOCIGainMember" xlink:to="lab_bn_UnrealizedFVTOCIGainMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BanksMember_019e89e6-158c-7cb5-bb57-7b19066e9aa6_terseLabel_en-US" xlink:label="lab_bn_BanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banks [Member]</link:label>
    <link:label id="lab_bn_BanksMember_label_en-US" xlink:label="lab_bn_BanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banks [Member]</link:label>
    <link:label id="lab_bn_BanksMember_documentation_en-US" xlink:label="lab_bn_BanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BanksMember" xlink:href="bn-20260630.xsd#bn_BanksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BanksMember" xlink:to="lab_bn_BanksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInEquityAbstract_019e89e6-158d-759e-9884-d8ed0b9c23ac_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in period:</link:label>
    <link:label id="lab_ifrs-full_ChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_ChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInEquityAbstract" xlink:to="lab_ifrs-full_ChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_019ff171-9ea6-7983-b4f0-5300769ad93a_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate, Type of Property [Axis]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate, Type of Property [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:to="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_019e89e6-1500-792d-b245-1195d9cfe739_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TypeofPropertyAxis_019e89e6-13c4-72f8-9fb7-12f3ff82339d_terseLabel_en-US" xlink:label="lab_bn_TypeofPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Property [Axis]</link:label>
    <link:label id="lab_bn_TypeofPropertyAxis_label_en-US" xlink:label="lab_bn_TypeofPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Property [Axis]</link:label>
    <link:label id="lab_bn_TypeofPropertyAxis_documentation_en-US" xlink:label="lab_bn_TypeofPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Type of Property [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TypeofPropertyAxis" xlink:href="bn-20260630.xsd#bn_TypeofPropertyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TypeofPropertyAxis" xlink:to="lab_bn_TypeofPropertyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RetailSiteMember_019ff171-efcc-73ae-a22d-e6f92f0ea9a9_terseLabel_en-US" xlink:label="lab_srt_RetailSiteMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail Site</link:label>
    <link:label id="lab_srt_RetailSiteMember_label_en-US" xlink:label="lab_srt_RetailSiteMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Site [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RetailSiteMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RetailSiteMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RetailSiteMember" xlink:to="lab_srt_RetailSiteMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_019e89e6-1474-74bb-b254-7ab79f589b22_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issued (Repurchased)</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_MachineryAndEquipment1Member_019e89e6-1500-7759-9da5-2a18980f7107_terseLabel_en-US" xlink:label="lab_bn_MachineryAndEquipment1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Machinery And Equipment1 [Member]</link:label>
    <link:label id="lab_bn_MachineryAndEquipment1Member_label_en-US" xlink:label="lab_bn_MachineryAndEquipment1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Machinery And Equipment1 [Member]</link:label>
    <link:label id="lab_bn_MachineryAndEquipment1Member_documentation_en-US" xlink:label="lab_bn_MachineryAndEquipment1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Machinery And Equipment1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_MachineryAndEquipment1Member" xlink:href="bn-20260630.xsd#bn_MachineryAndEquipment1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_MachineryAndEquipment1Member" xlink:to="lab_bn_MachineryAndEquipment1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A350Million4.388UnsecuredNotesDue2033Member_019e89e6-13c4-722b-b4ee-f429394338b8_terseLabel_en-US" xlink:label="lab_bn_A350Million4.388UnsecuredNotesDue2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$350 million 4.388% Unsecured Notes Due 2033</link:label>
    <link:label id="lab_bn_A350Million4.388UnsecuredNotesDue2033Member_label_en-US" xlink:label="lab_bn_A350Million4.388UnsecuredNotesDue2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$350 million 4.388% Unsecured Notes Due 2033 [Member]</link:label>
    <link:label id="lab_bn_A350Million4.388UnsecuredNotesDue2033Member_documentation_en-US" xlink:label="lab_bn_A350Million4.388UnsecuredNotesDue2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$350 million 4.388% Unsecured Notes Due 20323 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A350Million4.388UnsecuredNotesDue2033Member" xlink:href="bn-20260630.xsd#bn_A350Million4.388UnsecuredNotesDue2033Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A350Million4.388UnsecuredNotesDue2033Member" xlink:to="lab_bn_A350Million4.388UnsecuredNotesDue2033Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RightofuseAssets_019e89e6-1500-7d57-ba8d-8dad135d3d87_terseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssets" xlink:to="lab_ifrs-full_RightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_019e89e6-1474-7026-8def-a91a5c4c9427_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_ContactPersonnelName_019e89e6-13c4-7fbd-8d4d-66bf6e95a63a_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:label id="lab_dei_ContactPersonnelName_label_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelName" xlink:to="lab_dei_ContactPersonnelName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_019e89e6-158c-7b30-8905-1c4dc57e242d_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of interests acquired</link:label>
    <link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_label_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of voting equity interests acquired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock_019e89e6-1474-7765-92a1-dc1c62afd17d_terseLabel_en-US" xlink:label="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of valuation techniques used in fair value measurement, assets</link:label>
    <link:label id="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock_label_en-US" xlink:label="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Techniques and Key Inputs Used in the Fair Value Measurement of Level 2 Financial&#160;Instruments [Table Text Block]</link:label>
    <link:label id="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock_documentation_en-US" xlink:label="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Techniques and Key Inputs Used in the Fair Value Measurement of Level 2 Financial&#160;Instruments [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock" xlink:href="bn-20260630.xsd#bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock" xlink:to="lab_bn_ValuationTechniquesandKeyInputsUsedintheFairValueMeasurementofLevel2FinancialInstrumentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax_019e89e6-1474-7c0d-aa25-4b11be50c094_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity accounted investments</link:label>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax" xlink:to="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RestrictedShareUnitMember_019e89e6-13c4-78dd-b6cb-daf97dc87efa_terseLabel_en-US" xlink:label="lab_bn_RestrictedShareUnitMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock</link:label>
    <link:label id="lab_bn_RestrictedShareUnitMember_label_en-US" xlink:label="lab_bn_RestrictedShareUnitMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Share Unit [Member]</link:label>
    <link:label id="lab_bn_RestrictedShareUnitMember_documentation_en-US" xlink:label="lab_bn_RestrictedShareUnitMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Share Unit [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RestrictedShareUnitMember" xlink:href="bn-20260630.xsd#bn_RestrictedShareUnitMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RestrictedShareUnitMember" xlink:to="lab_bn_RestrictedShareUnitMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UncontractedMember_019e89e6-1500-786d-abb9-9f5176324439_terseLabel_en-US" xlink:label="lab_bn_UncontractedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uncontracted [Member]</link:label>
    <link:label id="lab_bn_UncontractedMember_label_en-US" xlink:label="lab_bn_UncontractedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Uncontracted [Member]</link:label>
    <link:label id="lab_bn_UncontractedMember_documentation_en-US" xlink:label="lab_bn_UncontractedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Uncontracted [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UncontractedMember" xlink:href="bn-20260630.xsd#bn_UncontractedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UncontractedMember" xlink:to="lab_bn_UncontractedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series2ClassAPreferredSharesMember_019e89e6-13c4-7b52-afec-185597a072db_terseLabel_en-US" xlink:label="lab_bn_Series2ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series2ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series2ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 2 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series2ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series2ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series2ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series2ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series2ClassAPreferredSharesMember" xlink:to="lab_bn_Series2ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_019e89e6-1500-773d-aefd-cadc88930f07_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term deposits, classified as cash equivalents</link:label>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term deposits, classified as cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DataMember_019e89e6-1500-7ae9-aa35-aa2ceeb95a1c_terseLabel_en-US" xlink:label="lab_bn_DataMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Data [Member]</link:label>
    <link:label id="lab_bn_DataMember_label_en-US" xlink:label="lab_bn_DataMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Data [Member]</link:label>
    <link:label id="lab_bn_DataMember_documentation_en-US" xlink:label="lab_bn_DataMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Data [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DataMember" xlink:href="bn-20260630.xsd#bn_DataMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DataMember" xlink:to="lab_bn_DataMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetworkInfrastructureMember_019e89e6-13c4-7a4f-884f-236891aba28f_verboseLabel_en-US" xlink:label="lab_ifrs-full_NetworkInfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Network Systems [Member]</link:label>
    <link:label id="lab_ifrs-full_NetworkInfrastructureMember_label_en-US" xlink:label="lab_ifrs-full_NetworkInfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Network infrastructure [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetworkInfrastructureMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetworkInfrastructureMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetworkInfrastructureMember" xlink:to="lab_ifrs-full_NetworkInfrastructureMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldPropertyPartnersL.P.Member_019e89e6-158d-7afc-8546-2dae8312c9e4_terseLabel_en-US" xlink:label="lab_bn_BrookfieldPropertyPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Property Partners L.P. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldPropertyPartnersL.P.Member_label_en-US" xlink:label="lab_bn_BrookfieldPropertyPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Property Partners L.P. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldPropertyPartnersL.P.Member_documentation_en-US" xlink:label="lab_bn_BrookfieldPropertyPartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Property Partners L.P. ("BPY") [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldPropertyPartnersL.P.Member" xlink:href="bn-20260630.xsd#bn_BrookfieldPropertyPartnersL.P.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldPropertyPartnersL.P.Member" xlink:to="lab_bn_BrookfieldPropertyPartnersL.P.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IrishOfficeMember_019e89e6-13c4-79d4-9598-76a15e87b5c1_terseLabel_en-US" xlink:label="lab_bn_IrishOfficeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Irish Office [Member]</link:label>
    <link:label id="lab_bn_IrishOfficeMember_label_en-US" xlink:label="lab_bn_IrishOfficeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Irish Office [Member]</link:label>
    <link:label id="lab_bn_IrishOfficeMember_documentation_en-US" xlink:label="lab_bn_IrishOfficeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Irish Office</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IrishOfficeMember" xlink:href="bn-20260630.xsd#bn_IrishOfficeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IrishOfficeMember" xlink:to="lab_bn_IrishOfficeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember_019e89e6-1474-7c48-9cfc-104e40034ebd_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill [member]</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ProductDevelopmentCostsMember_019e89e6-1474-7cfb-b574-91d13289f9f1_terseLabel_en-US" xlink:label="lab_bn_ProductDevelopmentCostsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product development costs</link:label>
    <link:label id="lab_bn_ProductDevelopmentCostsMember_label_en-US" xlink:label="lab_bn_ProductDevelopmentCostsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product development costs [Member]</link:label>
    <link:label id="lab_bn_ProductDevelopmentCostsMember_documentation_en-US" xlink:label="lab_bn_ProductDevelopmentCostsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Product development costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ProductDevelopmentCostsMember" xlink:href="bn-20260630.xsd#bn_ProductDevelopmentCostsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ProductDevelopmentCostsMember" xlink:to="lab_bn_ProductDevelopmentCostsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series44ClassAPreferredSharesMember_019e89e6-158c-7f68-a6cb-0d6d57d63365_terseLabel_en-US" xlink:label="lab_bn_Series44ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 44 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series44ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series44ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 44 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series44ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series44ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 44 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series44ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series44ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series44ClassAPreferredSharesMember" xlink:to="lab_bn_Series44ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TransitionalAndDevelopmentMember_019e89e6-158c-7fd3-9cf0-5aea00727c40_terseLabel_en-US" xlink:label="lab_bn_TransitionalAndDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transitional and Development [Member]</link:label>
    <link:label id="lab_bn_TransitionalAndDevelopmentMember_label_en-US" xlink:label="lab_bn_TransitionalAndDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transitional and Development [Member]</link:label>
    <link:label id="lab_bn_TransitionalAndDevelopmentMember_documentation_en-US" xlink:label="lab_bn_TransitionalAndDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transitional and Development</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TransitionalAndDevelopmentMember" xlink:href="bn-20260630.xsd#bn_TransitionalAndDevelopmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TransitionalAndDevelopmentMember" xlink:to="lab_bn_TransitionalAndDevelopmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_019e89e6-1474-7c77-858e-8dc5f00c67d4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of financial information by geographic regions</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019e89e6-13c4-78cd-a513-395170ea6db5_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019e89e6-13c4-7956-9c5a-a2da880c90cf_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019e89e6-13c4-7889-b1e6-baa1895db282_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of period</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019e89e6-13c4-78b5-a3b3-0c708c885f27_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of period</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series52ClassAPreferredSharesMember_019e89e6-13c4-76ca-ba02-62236c27ef74_terseLabel_en-US" xlink:label="lab_bn_Series52ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 52 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series52ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series52ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 52 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series52ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series52ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 52 Class A Preferred Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series52ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series52ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series52ClassAPreferredSharesMember" xlink:to="lab_bn_Series52ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MajorBusinessCombinationMember_019ff15d-c699-7173-9c49-35f0664ecd09_terseLabel_en-US" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major business combination</link:label>
    <link:label id="lab_ifrs-full_MajorBusinessCombinationMember_label_en-US" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major business combination [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MajorBusinessCombinationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorBusinessCombinationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorBusinessCombinationMember" xlink:to="lab_ifrs-full_MajorBusinessCombinationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series4ClassAPreferredSharesMember_019e89e6-1474-7099-ac33-95cf50a1d5e4_terseLabel_en-US" xlink:label="lab_bn_Series4ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 4 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series4ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series4ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 4 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series4ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series4ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 4 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series4ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series4ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series4ClassAPreferredSharesMember" xlink:to="lab_bn_Series4ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_019ff171-9ea6-7324-b5a7-44585bbcb0c5_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate [Domain]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MortgageLoansOnRealEstateNamePropertyTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:to="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_019e89e6-1500-7407-b065-cbda02e1143c_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency Translation</link:label>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of exchange differences on translation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TargetReturn_019e89e6-13c4-7b6d-aaa6-734e023b0eeb_terseLabel_en-US" xlink:label="lab_bn_TargetReturn" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Target return</link:label>
    <link:label id="lab_bn_TargetReturn_label_en-US" xlink:label="lab_bn_TargetReturn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Target return</link:label>
    <link:label id="lab_bn_TargetReturn_documentation_en-US" xlink:label="lab_bn_TargetReturn" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Target return</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TargetReturn" xlink:href="bn-20260630.xsd#bn_TargetReturn"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TargetReturn" xlink:to="lab_bn_TargetReturn" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_019e89e6-1474-7d6f-bd23-aacb130c5145_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_019e89e6-1474-759b-b33d-fea05a3cb07d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentFinancialAssets" xlink:to="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments_019e89e6-1500-7f90-a08e-883c4f0b70b9_totalLabel_en-US" xlink:label="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net Assets Before Common Equity in Managed Investments</link:label>
    <link:label id="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments_label_en-US" xlink:label="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Assets Before Common Equity in Managed Investments</link:label>
    <link:label id="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments_documentation_en-US" xlink:label="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Assets Before Common Equity in Managed Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NetAssetsBeforeCommonEquityInManagedInvestments" xlink:href="bn-20260630.xsd#bn_NetAssetsBeforeCommonEquityInManagedInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NetAssetsBeforeCommonEquityInManagedInvestments" xlink:to="lab_bn_NetAssetsBeforeCommonEquityInManagedInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingExpense_019e89e6-158d-7d48-bdc9-466777d1b387_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Direct costs</link:label>
    <link:label id="lab_ifrs-full_OperatingExpense_019e89e6-158d-7d72-88b0-4464ef9b3f90_terseLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Direct costs</link:label>
    <link:label id="lab_ifrs-full_OperatingExpense_label_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingExpense" xlink:to="lab_ifrs-full_OperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_019e89e6-1500-7649-9608-b18695ad8786_terseLabel_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, intangible assets other than goodwill</link:label>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsMember_019e89e6-1500-7b26-a4b1-c1403d483434_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total&#160;</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsMember_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total for all business combinations [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsMember" xlink:to="lab_ifrs-full_BusinessCombinationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_019e89e6-158d-7659-aff7-39ff8540de8f_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_019e89e6-1500-7897-8a4e-64bb51729084_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesAuthorised_019e89e6-1500-7923-b435-f42241bdb1e7_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesAuthorised" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares authorised (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesAuthorised_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesAuthorised" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares authorised</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesAuthorised" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesAuthorised"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesAuthorised" xlink:to="lab_ifrs-full_NumberOfSharesAuthorised" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Equity_019e89e6-1500-70d9-b8b8-1d5466ddcfc5_terseLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_ifrs-full_Equity_019e89e6-1500-7adf-b78a-8b882729542c_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_Equity_019e89e6-1500-7922-9e71-70581c342e5a_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_Equity_019e89e6-1500-7377-8b0c-f4d65a62650a_negatedLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_Equity_019e89e6-1500-7b6e-8481-1c71395ba802_verboseLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Issued capital</link:label>
    <link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ScientificGamesLLCMember_019e89e6-13c4-7d32-a71e-9b17d9670912_terseLabel_en-US" xlink:label="lab_bn_ScientificGamesLLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scientific Games, LLC</link:label>
    <link:label id="lab_bn_ScientificGamesLLCMember_label_en-US" xlink:label="lab_bn_ScientificGamesLLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scientific Games, LLC [Member]</link:label>
    <link:label id="lab_bn_ScientificGamesLLCMember_documentation_en-US" xlink:label="lab_bn_ScientificGamesLLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Scientific Games, LLC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ScientificGamesLLCMember" xlink:href="bn-20260630.xsd#bn_ScientificGamesLLCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ScientificGamesLLCMember" xlink:to="lab_bn_ScientificGamesLLCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PreferredStockBasisSpreadOnVariableRate_019e89e6-1474-7208-8e50-11a5018bb772_terseLabel_en-US" xlink:label="lab_bn_PreferredStockBasisSpreadOnVariableRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, basis spread on variable rate</link:label>
    <link:label id="lab_bn_PreferredStockBasisSpreadOnVariableRate_label_en-US" xlink:label="lab_bn_PreferredStockBasisSpreadOnVariableRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Basis Spread On Variable Rate</link:label>
    <link:label id="lab_bn_PreferredStockBasisSpreadOnVariableRate_documentation_en-US" xlink:label="lab_bn_PreferredStockBasisSpreadOnVariableRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Stock, Basis Spread On Variable Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PreferredStockBasisSpreadOnVariableRate" xlink:href="bn-20260630.xsd#bn_PreferredStockBasisSpreadOnVariableRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PreferredStockBasisSpreadOnVariableRate" xlink:to="lab_bn_PreferredStockBasisSpreadOnVariableRate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_019e89e6-158d-722d-9905-c3a3f1966255_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_label_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A4004625SubordinatedNotesDueIn2080Member_019e89e6-1474-75a6-83f2-84cb5506f734_terseLabel_en-US" xlink:label="lab_bn_A4004625SubordinatedNotesDueIn2080Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$400 4.625% Subordinated Notes Due in 2080</link:label>
    <link:label id="lab_bn_A4004625SubordinatedNotesDueIn2080Member_label_en-US" xlink:label="lab_bn_A4004625SubordinatedNotesDueIn2080Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$400 4.625% Subordinated Notes Due in 2080 [Member]</link:label>
    <link:label id="lab_bn_A4004625SubordinatedNotesDueIn2080Member_documentation_en-US" xlink:label="lab_bn_A4004625SubordinatedNotesDueIn2080Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$400 4.625% Subordinated Notes Due in 2080</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A4004625SubordinatedNotesDueIn2080Member" xlink:href="bn-20260630.xsd#bn_A4004625SubordinatedNotesDueIn2080Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A4004625SubordinatedNotesDueIn2080Member" xlink:to="lab_bn_A4004625SubordinatedNotesDueIn2080Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019e89e6-13c4-7a14-b2d1-e0cf084313d0_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019e89e6-13c4-790d-a012-ebd3284c8944_periodStartLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of period</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019e89e6-13c4-77bd-bc0f-fabaaab1fdb2_periodEndLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of period</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare_019e89e6-1500-7d3c-91c8-9b94aa59b2e6_terseLabel_en-US" xlink:label="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Price on Date of Remeasurement in US Dollars per Share</link:label>
    <link:label id="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare_label_en-US" xlink:label="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Price on Date of Remeasurement in US Dollars per Share</link:label>
    <link:label id="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare_documentation_en-US" xlink:label="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Price on Date of Remeasurement in US Dollars per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SharePriceonDateofRemeasurementinUSDollarsperShare" xlink:href="bn-20260630.xsd#bn_SharePriceonDateofRemeasurementinUSDollarsperShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SharePriceonDateofRemeasurementinUSDollarsperShare" xlink:to="lab_bn_SharePriceonDateofRemeasurementinUSDollarsperShare" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfSharesVoluntarilyExchanged_019e89e6-1474-784a-9e3d-2a604c43c6ab_terseLabel_en-US" xlink:label="lab_bn_NumberOfSharesVoluntarilyExchanged" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number Of Shares Voluntarily Exchanged</link:label>
    <link:label id="lab_bn_NumberOfSharesVoluntarilyExchanged_label_en-US" xlink:label="lab_bn_NumberOfSharesVoluntarilyExchanged" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Shares Voluntarily Exchanged</link:label>
    <link:label id="lab_bn_NumberOfSharesVoluntarilyExchanged_documentation_en-US" xlink:label="lab_bn_NumberOfSharesVoluntarilyExchanged" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Shares Voluntarily Exchanged</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfSharesVoluntarilyExchanged" xlink:href="bn-20260630.xsd#bn_NumberOfSharesVoluntarilyExchanged"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfSharesVoluntarilyExchanged" xlink:to="lab_bn_NumberOfSharesVoluntarilyExchanged" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldCapitalFinanceLLCMember_019e89e6-1500-7934-9332-41cc6a012b69_terseLabel_en-US" xlink:label="lab_bn_BrookfieldCapitalFinanceLLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Capital Finance LLC</link:label>
    <link:label id="lab_bn_BrookfieldCapitalFinanceLLCMember_label_en-US" xlink:label="lab_bn_BrookfieldCapitalFinanceLLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Capital Finance LLC [Member]</link:label>
    <link:label id="lab_bn_BrookfieldCapitalFinanceLLCMember_documentation_en-US" xlink:label="lab_bn_BrookfieldCapitalFinanceLLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Capital Finance LLC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldCapitalFinanceLLCMember" xlink:href="bn-20260630.xsd#bn_BrookfieldCapitalFinanceLLCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldCapitalFinanceLLCMember" xlink:to="lab_bn_BrookfieldCapitalFinanceLLCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IndoStarMember_019e89e6-13c4-7279-9aa5-4ba9e27222fb_terseLabel_en-US" xlink:label="lab_bn_IndoStarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IndoStar</link:label>
    <link:label id="lab_bn_IndoStarMember_label_en-US" xlink:label="lab_bn_IndoStarMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IndoStar [Member]</link:label>
    <link:label id="lab_bn_IndoStarMember_documentation_en-US" xlink:label="lab_bn_IndoStarMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IndoStar</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IndoStarMember" xlink:href="bn-20260630.xsd#bn_IndoStarMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IndoStarMember" xlink:to="lab_bn_IndoStarMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_019e89e6-1500-7905-b1e1-33ec024fe26b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, exchange differences on translation of foreign operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_019e89e6-1474-7731-bf4f-ab873c7b3b96_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items that will not be reclassified to net income</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_019e89e6-13c4-7b00-931d-1c5d06acc24e_terseLabel_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level&#160;1</link:label>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TheCorporationMember_019e89e6-1500-7b87-9a93-041d898ef254_terseLabel_en-US" xlink:label="lab_bn_TheCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Corporation</link:label>
    <link:label id="lab_bn_TheCorporationMember_label_en-US" xlink:label="lab_bn_TheCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">The Corporation [Member]</link:label>
    <link:label id="lab_bn_TheCorporationMember_documentation_en-US" xlink:label="lab_bn_TheCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Corporation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TheCorporationMember" xlink:href="bn-20260630.xsd#bn_TheCorporationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TheCorporationMember" xlink:to="lab_bn_TheCorporationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_019e89e6-1474-7f69-b472-ab5c5360fbfe_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share options granted in share-based payment arrangement</link:label>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options granted in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefund_019e89e6-13c4-7e3f-9a8c-2a165d34eea4_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefund" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Incomes Taxes Paid Classified As Supplemental Cash Flow Disclosure</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefund_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefund" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income taxes paid (refund)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxesPaidRefund" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxesPaidRefund"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidRefund" xlink:to="lab_ifrs-full_IncomeTaxesPaidRefund" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_019e89e6-13c4-7be0-992e-2e0b07563526_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_019e89e6-1500-708b-9d8c-edeb8e63bfd8_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level&#160;2</link:label>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_019e89e6-158c-74ff-988f-360633b42f5c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DepositsFromRelatedParty_019e89e6-1474-7fd1-823e-1dc60164effe_terseLabel_en-US" xlink:label="lab_bn_DepositsFromRelatedParty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits from related parties</link:label>
    <link:label id="lab_bn_DepositsFromRelatedParty_label_en-US" xlink:label="lab_bn_DepositsFromRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits From Related Party</link:label>
    <link:label id="lab_bn_DepositsFromRelatedParty_documentation_en-US" xlink:label="lab_bn_DepositsFromRelatedParty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposits From Related Party</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DepositsFromRelatedParty" xlink:href="bn-20260630.xsd#bn_DepositsFromRelatedParty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DepositsFromRelatedParty" xlink:to="lab_bn_DepositsFromRelatedParty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalTable_019e89e6-13c4-784b-af1d-2c9076027e7d_terseLabel_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Table]</link:label>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalTable_label_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Table]</link:label>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalTable_documentation_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SummaryOfTheCorporationsCapitalTable" xlink:href="bn-20260630.xsd#bn_SummaryOfTheCorporationsCapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SummaryOfTheCorporationsCapitalTable" xlink:to="lab_bn_SummaryOfTheCorporationsCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_USLLCIssuerMember_019e89e6-1474-7c72-9457-4a3049aaa7d8_terseLabel_en-US" xlink:label="lab_bn_USLLCIssuerMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US LLC Issuer</link:label>
    <link:label id="lab_bn_USLLCIssuerMember_label_en-US" xlink:label="lab_bn_USLLCIssuerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US LLC Issuer [Member]</link:label>
    <link:label id="lab_bn_USLLCIssuerMember_documentation_en-US" xlink:label="lab_bn_USLLCIssuerMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">US LLC Issuer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_USLLCIssuerMember" xlink:href="bn-20260630.xsd#bn_USLLCIssuerMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_USLLCIssuerMember" xlink:to="lab_bn_USLLCIssuerMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_019e89e6-1500-72f8-802e-c6c260a1bc32_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of share options outstanding in share-based payment arrangement</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of share options outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate_019e89e6-1474-7efc-958e-32a97e61d9ff_terseLabel_en-US" xlink:label="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity accounted investments</link:label>
    <link:label id="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments Accounted For Using The Equity Method Recognised As Of Acquisition Date</link:label>
    <link:label id="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments Accounted For Using The Equity Method Recognised As Of Acquisition Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate" xlink:href="bn-20260630.xsd#bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate" xlink:to="lab_bn_InvestmentsAccountedForUsingTheEquityMethodRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_019e89e6-1474-71ed-9109-9cd1e55dab9f_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholders</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_019e89e6-1474-7c9f-9f32-79054053c4a7_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to shareholders</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EffectofHedgingProgramOnSharebasedCompensation_019e89e6-158d-7002-bc76-b5c7a4b1f3d8_negatedTerseLabel_en-US" xlink:label="lab_bn_EffectofHedgingProgramOnSharebasedCompensation" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Effect of hedging program</link:label>
    <link:label id="lab_bn_EffectofHedgingProgramOnSharebasedCompensation_label_en-US" xlink:label="lab_bn_EffectofHedgingProgramOnSharebasedCompensation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of Hedging Program On Share-based Compensation</link:label>
    <link:label id="lab_bn_EffectofHedgingProgramOnSharebasedCompensation_documentation_en-US" xlink:label="lab_bn_EffectofHedgingProgramOnSharebasedCompensation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect of Hedging Program On Share-based Compensation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EffectofHedgingProgramOnSharebasedCompensation" xlink:href="bn-20260630.xsd#bn_EffectofHedgingProgramOnSharebasedCompensation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EffectofHedgingProgramOnSharebasedCompensation" xlink:to="lab_bn_EffectofHedgingProgramOnSharebasedCompensation" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CanadaBondRateMember_019e89e6-1474-74c3-87a4-f790e6427a91_terseLabel_en-US" xlink:label="lab_bn_CanadaBondRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canada Bond Rate</link:label>
    <link:label id="lab_bn_CanadaBondRateMember_label_en-US" xlink:label="lab_bn_CanadaBondRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canada Bond Rate [Member]</link:label>
    <link:label id="lab_bn_CanadaBondRateMember_documentation_en-US" xlink:label="lab_bn_CanadaBondRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canada Bond Rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CanadaBondRateMember" xlink:href="bn-20260630.xsd#bn_CanadaBondRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CanadaBondRateMember" xlink:to="lab_bn_CanadaBondRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TypeOfPropertyDomain_019e89e6-158c-7524-bc1b-8118a3be2133_terseLabel_en-US" xlink:label="lab_bn_TypeOfPropertyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Property [Domain]</link:label>
    <link:label id="lab_bn_TypeOfPropertyDomain_label_en-US" xlink:label="lab_bn_TypeOfPropertyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Property [Domain]</link:label>
    <link:label id="lab_bn_TypeOfPropertyDomain_documentation_en-US" xlink:label="lab_bn_TypeOfPropertyDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Type of Property [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TypeOfPropertyDomain" xlink:href="bn-20260630.xsd#bn_TypeOfPropertyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TypeOfPropertyDomain" xlink:to="lab_bn_TypeOfPropertyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceInc.Member_019e89e6-158d-7d12-a323-f484755e9e60_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceInc.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BFI&#160;</link:label>
    <link:label id="lab_bn_BrookfieldFinanceInc.Member_label_en-US" xlink:label="lab_bn_BrookfieldFinanceInc.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceInc.Member_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceInc.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceInc.Member" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceInc.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceInc.Member" xlink:to="lab_bn_BrookfieldFinanceInc.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PreferredEquityFromBusinessCombinations_019e89e6-1474-78f7-ae2a-8691f385adf8_terseLabel_en-US" xlink:label="lab_bn_PreferredEquityFromBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Equity from Business Combinations [Member]</link:label>
    <link:label id="lab_bn_PreferredEquityFromBusinessCombinations_label_en-US" xlink:label="lab_bn_PreferredEquityFromBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Equity from Business Combinations</link:label>
    <link:label id="lab_bn_PreferredEquityFromBusinessCombinations_documentation_en-US" xlink:label="lab_bn_PreferredEquityFromBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Equity from Business Combinations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PreferredEquityFromBusinessCombinations" xlink:href="bn-20260630.xsd#bn_PreferredEquityFromBusinessCombinations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PreferredEquityFromBusinessCombinations" xlink:to="lab_bn_PreferredEquityFromBusinessCombinations" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets_019e89e6-1500-713e-a2f5-13459ffe13aa_terseLabel_en-US" xlink:label="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Terminal capitalization rate</link:label>
    <link:label id="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets_label_en-US" xlink:label="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Rate, Significant Unobservable Inputs, Assets</link:label>
    <link:label id="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets_documentation_en-US" xlink:label="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Rate, Significant Unobservable Inputs, Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets" xlink:href="bn-20260630.xsd#bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets" xlink:to="lab_bn_TerminalCapitalizationRateSignificantUnobservableInputsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLiabilities_019e89e6-158c-7c3d-9435-db22785a5018_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="lab_ifrs-full_CurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorporateCosts_019e89e6-1500-7c04-a3c0-35a05e5e648a_negatedTerseLabel_en-US" xlink:label="lab_bn_CorporateCosts" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Corporate costs</link:label>
    <link:label id="lab_bn_CorporateCosts_label_en-US" xlink:label="lab_bn_CorporateCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Costs</link:label>
    <link:label id="lab_bn_CorporateCosts_documentation_en-US" xlink:label="lab_bn_CorporateCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorporateCosts" xlink:href="bn-20260630.xsd#bn_CorporateCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorporateCosts" xlink:to="lab_bn_CorporateCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowHedgesMember_019e89e6-1474-717b-9160-94cbe579e0da_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flow hedges</link:label>
    <link:label id="lab_ifrs-full_CashFlowHedgesMember_label_en-US" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flow hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowHedgesMember" xlink:to="lab_ifrs-full_CashFlowHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsReceived_019e89e6-1500-7064-906e-7be64aaae271_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distributions received</link:label>
    <link:label id="lab_ifrs-full_DividendsReceived_019e89e6-1500-79cc-9c6e-0aa9cad87180_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends received</link:label>
    <link:label id="lab_ifrs-full_DividendsReceived_label_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceived" xlink:to="lab_ifrs-full_DividendsReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember_019e89e6-1474-75f5-a89e-b3a534a8151d_terseLabel_en-US" xlink:label="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in property, plant and equipment policy [Member]</link:label>
    <link:label id="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember_label_en-US" xlink:label="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change in property, plant and equipment policy [Member]</link:label>
    <link:label id="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember_documentation_en-US" xlink:label="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in property, plant and equipment policy</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ChangeInPropertyPlantAndEquipmentPolicyMember" xlink:href="bn-20260630.xsd#bn_ChangeInPropertyPlantAndEquipmentPolicyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ChangeInPropertyPlantAndEquipmentPolicyMember" xlink:to="lab_bn_ChangeInPropertyPlantAndEquipmentPolicyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealEstateandInfrastructureMember_019e89e6-13c4-70dc-af23-a3112f97b857_terseLabel_en-US" xlink:label="lab_bn_RealEstateandInfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate and Infrastructure [Member]</link:label>
    <link:label id="lab_bn_RealEstateandInfrastructureMember_label_en-US" xlink:label="lab_bn_RealEstateandInfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate and Infrastructure [Member]</link:label>
    <link:label id="lab_bn_RealEstateandInfrastructureMember_documentation_en-US" xlink:label="lab_bn_RealEstateandInfrastructureMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate and Infrastructure [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealEstateandInfrastructureMember" xlink:href="bn-20260630.xsd#bn_RealEstateandInfrastructureMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealEstateandInfrastructureMember" xlink:to="lab_bn_RealEstateandInfrastructureMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_019e89e6-1500-7403-a9f1-52dc16c59fc0_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, assets</link:label>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_label_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:to="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseByNatureAbstract_019e89e6-1500-7011-8543-78993b98c152_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseByNatureAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_ifrs-full_ExpenseByNatureAbstract_label_en-US" xlink:label="lab_ifrs-full_ExpenseByNatureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expenses by nature [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseByNatureAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseByNatureAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseByNatureAbstract" xlink:to="lab_ifrs-full_ExpenseByNatureAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Inventories_019e89e6-1500-7795-b918-9773ccd3d596_verboseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current portion of inventory</link:label>
    <link:label id="lab_ifrs-full_Inventories_label_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Inventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Inventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Inventories" xlink:to="lab_ifrs-full_Inventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_019e89e6-13c4-7460-9a8a-d52abf5d203e_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax assets</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssets" xlink:to="lab_ifrs-full_DeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_019e89e6-1500-7877-a0fb-611dc937a35b_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_019e89e6-1500-70be-8fb9-d8e0e08d184e_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_019e89e6-1500-7af6-8685-2fbaa7095499_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_019e89e6-1500-7d3b-a70f-4f6b92c37738_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interests [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterestsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterestsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestsMember" xlink:to="lab_ifrs-full_NoncontrollingInterestsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AccumulatedFairValueChangesMember_019e89e6-1500-759f-995c-18aedc30ac3b_terseLabel_en-US" xlink:label="lab_bn_AccumulatedFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated fair value changes</link:label>
    <link:label id="lab_bn_AccumulatedFairValueChangesMember_019e89e6-1500-7f16-878e-b1b9db43e29c_verboseLabel_en-US" xlink:label="lab_bn_AccumulatedFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Fair Value Changes</link:label>
    <link:label id="lab_bn_AccumulatedFairValueChangesMember_label_en-US" xlink:label="lab_bn_AccumulatedFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Fair Value Changes [Member]</link:label>
    <link:label id="lab_bn_AccumulatedFairValueChangesMember_documentation_en-US" xlink:label="lab_bn_AccumulatedFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Fair Value Changes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AccumulatedFairValueChangesMember" xlink:href="bn-20260630.xsd#bn_AccumulatedFairValueChangesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AccumulatedFairValueChangesMember" xlink:to="lab_bn_AccumulatedFairValueChangesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_019e89e6-13c4-7ca5-864a-f210a8e173c4_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:to="lab_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfOperatingSegments1_019e89e6-1474-7776-81ac-bc1ddbfe0fd1_terseLabel_en-US" xlink:label="lab_bn_NumberOfOperatingSegments1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of reportable segments</link:label>
    <link:label id="lab_bn_NumberOfOperatingSegments1_label_en-US" xlink:label="lab_bn_NumberOfOperatingSegments1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Operating Segments1</link:label>
    <link:label id="lab_bn_NumberOfOperatingSegments1_documentation_en-US" xlink:label="lab_bn_NumberOfOperatingSegments1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Operating Segments1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfOperatingSegments1" xlink:href="bn-20260630.xsd#bn_NumberOfOperatingSegments1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfOperatingSegments1" xlink:to="lab_bn_NumberOfOperatingSegments1" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CommonClassB1Member_019e89e6-1500-7147-8c18-235ee80069ab_terseLabel_en-US" xlink:label="lab_bn_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Class B</link:label>
    <link:label id="lab_bn_CommonClassB1Member_label_en-US" xlink:label="lab_bn_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class B1 [Member]</link:label>
    <link:label id="lab_bn_CommonClassB1Member_documentation_en-US" xlink:label="lab_bn_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Class B [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CommonClassB1Member" xlink:href="bn-20260630.xsd#bn_CommonClassB1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CommonClassB1Member" xlink:to="lab_bn_CommonClassB1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_019e89e6-13c4-73cd-940e-60fd97bf6809_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for share-based payment transactions [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for share-based payment transactions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_019e89e6-1500-721a-b023-b9bebdbceba4_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IssuanceOfNotesMember_019e89e6-1474-79ea-83b7-41f764b3e9aa_terseLabel_en-US" xlink:label="lab_bn_IssuanceOfNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance Of Notes</link:label>
    <link:label id="lab_bn_IssuanceOfNotesMember_label_en-US" xlink:label="lab_bn_IssuanceOfNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issuance Of Notes [Member]</link:label>
    <link:label id="lab_bn_IssuanceOfNotesMember_documentation_en-US" xlink:label="lab_bn_IssuanceOfNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Issuance Of Notes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IssuanceOfNotesMember" xlink:href="bn-20260630.xsd#bn_IssuanceOfNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IssuanceOfNotesMember" xlink:to="lab_bn_IssuanceOfNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementDomain_019e89e6-158c-7bee-9aad-8f9ed4aea320_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement [domain]</link:label>
    <link:label id="lab_ifrs-full_MeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_MeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementDomain" xlink:to="lab_ifrs-full_MeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory_019e89e6-1500-7c0d-9743-07db7295a453_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combinations</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IncreaseDecreaseThroughOwnershipChanges_019e89e6-1474-7a64-8f3a-35a4c2802d6c_terseLabel_en-US" xlink:label="lab_bn_IncreaseDecreaseThroughOwnershipChanges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership changes</link:label>
    <link:label id="lab_bn_IncreaseDecreaseThroughOwnershipChanges_label_en-US" xlink:label="lab_bn_IncreaseDecreaseThroughOwnershipChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Ownership Changes</link:label>
    <link:label id="lab_bn_IncreaseDecreaseThroughOwnershipChanges_documentation_en-US" xlink:label="lab_bn_IncreaseDecreaseThroughOwnershipChanges" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Ownership Changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IncreaseDecreaseThroughOwnershipChanges" xlink:href="bn-20260630.xsd#bn_IncreaseDecreaseThroughOwnershipChanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IncreaseDecreaseThroughOwnershipChanges" xlink:to="lab_bn_IncreaseDecreaseThroughOwnershipChanges" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BuildingsMember_019e89e6-13c4-7c8f-b7f7-26897d2c525c_terseLabel_en-US" xlink:label="lab_ifrs-full_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings [member]</link:label>
    <link:label id="lab_ifrs-full_BuildingsMember_label_en-US" xlink:label="lab_ifrs-full_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Buildings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BuildingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BuildingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BuildingsMember" xlink:to="lab_ifrs-full_BuildingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A650390UnsecuredNotesDue2028Member_019e89e6-1500-7d00-84db-45e776a0f41a_terseLabel_en-US" xlink:label="lab_bn_A650390UnsecuredNotesDue2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$650 3.90% Unsecured Notes Due 2028</link:label>
    <link:label id="lab_bn_A650390UnsecuredNotesDue2028Member_label_en-US" xlink:label="lab_bn_A650390UnsecuredNotesDue2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$650 3.90% Unsecured Notes Due 2028 [Member]</link:label>
    <link:label id="lab_bn_A650390UnsecuredNotesDue2028Member_documentation_en-US" xlink:label="lab_bn_A650390UnsecuredNotesDue2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2028 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A650390UnsecuredNotesDue2028Member" xlink:href="bn-20260630.xsd#bn_A650390UnsecuredNotesDue2028Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A650390UnsecuredNotesDue2028Member" xlink:to="lab_bn_A650390UnsecuredNotesDue2028Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalLineItems_019e89e6-13c4-7413-9447-18690c4ddeac_terseLabel_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Line Items]</link:label>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalLineItems_label_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Line Items]</link:label>
    <link:label id="lab_bn_SummaryOfTheCorporationsCapitalLineItems_documentation_en-US" xlink:label="lab_bn_SummaryOfTheCorporationsCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Summary of the Corporation's Capital [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SummaryOfTheCorporationsCapitalLineItems" xlink:href="bn-20260630.xsd#bn_SummaryOfTheCorporationsCapitalLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SummaryOfTheCorporationsCapitalLineItems" xlink:to="lab_bn_SummaryOfTheCorporationsCapitalLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldAssetManagementULCBAMMember_019e89e6-13c4-74a7-8a93-1af602a1cbc0_terseLabel_en-US" xlink:label="lab_bn_BrookfieldAssetManagementULCBAMMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Asset Management ULC (BAM)</link:label>
    <link:label id="lab_bn_BrookfieldAssetManagementULCBAMMember_label_en-US" xlink:label="lab_bn_BrookfieldAssetManagementULCBAMMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Asset Management ULC (BAM) [Member]</link:label>
    <link:label id="lab_bn_BrookfieldAssetManagementULCBAMMember_documentation_en-US" xlink:label="lab_bn_BrookfieldAssetManagementULCBAMMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Asset Management ULC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldAssetManagementULCBAMMember" xlink:href="bn-20260630.xsd#bn_BrookfieldAssetManagementULCBAMMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldAssetManagementULCBAMMember" xlink:to="lab_bn_BrookfieldAssetManagementULCBAMMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ProportionOfOwnershipInterestInASubsidiary_019e89e6-1474-7e3f-9cbc-0eaec0c26e06_terseLabel_en-US" xlink:label="lab_bn_ProportionOfOwnershipInterestInASubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of Ownership Interest in a Subsidiary</link:label>
    <link:label id="lab_bn_ProportionOfOwnershipInterestInASubsidiary_label_en-US" xlink:label="lab_bn_ProportionOfOwnershipInterestInASubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of Ownership Interest in a Subsidiary</link:label>
    <link:label id="lab_bn_ProportionOfOwnershipInterestInASubsidiary_documentation_en-US" xlink:label="lab_bn_ProportionOfOwnershipInterestInASubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proportion of Ownership Interest in a Subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ProportionOfOwnershipInterestInASubsidiary" xlink:href="bn-20260630.xsd#bn_ProportionOfOwnershipInterestInASubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ProportionOfOwnershipInterestInASubsidiary" xlink:to="lab_bn_ProportionOfOwnershipInterestInASubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfDirectCostsTableTextBlock_019e89e6-1500-761c-84db-58c7d28c67da_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfDirectCostsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of direct costs</link:label>
    <link:label id="lab_bn_DisclosureOfDirectCostsTableTextBlock_label_en-US" xlink:label="lab_bn_DisclosureOfDirectCostsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Direct Costs [Table Text Block]</link:label>
    <link:label id="lab_bn_DisclosureOfDirectCostsTableTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureOfDirectCostsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Direct Costs [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfDirectCostsTableTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureOfDirectCostsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfDirectCostsTableTextBlock" xlink:to="lab_bn_DisclosureOfDirectCostsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LegalEntityAxis_019e89e6-1474-771b-b939-aab034187e4e_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_label_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LegalEntityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis" xlink:to="lab_dei_LegalEntityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_019e89e6-13c4-793a-b86b-7dd1a49ccdd1_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_019e89e6-13c4-74b6-a977-db49d68836f9_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ProfitLossofassociateorjointventure_019e89e6-1500-74bf-82c5-003f3fcc7ac5_terseLabel_en-US" xlink:label="lab_bn_ProfitLossofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit (Loss) of associate or joint venture</link:label>
    <link:label id="lab_bn_ProfitLossofassociateorjointventure_label_en-US" xlink:label="lab_bn_ProfitLossofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (Loss) of associate or joint venture</link:label>
    <link:label id="lab_bn_ProfitLossofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_ProfitLossofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Profit (Loss) of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ProfitLossofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_ProfitLossofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ProfitLossofassociateorjointventure" xlink:to="lab_bn_ProfitLossofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable_019e89e6-158d-7e14-8b42-eadb245ef70a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Revenueofassociateorjointventure_019e89e6-1474-7ae5-976c-2052dc2a2ca9_terseLabel_en-US" xlink:label="lab_bn_Revenueofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue of associate or joint venture</link:label>
    <link:label id="lab_bn_Revenueofassociateorjointventure_label_en-US" xlink:label="lab_bn_Revenueofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue of associate or joint venture</link:label>
    <link:label id="lab_bn_Revenueofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_Revenueofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Revenueofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_Revenueofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Revenueofassociateorjointventure" xlink:to="lab_bn_Revenueofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A500Million5.813Due2055Member_019e89e6-13c4-7f11-aded-f5ac75a63501_terseLabel_en-US" xlink:label="lab_bn_A500Million5.813Due2055Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$500 Million 5.813% Due 2055</link:label>
    <link:label id="lab_bn_A500Million5.813Due2055Member_label_en-US" xlink:label="lab_bn_A500Million5.813Due2055Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$500 Million 5.813% Due 2055 [Member]</link:label>
    <link:label id="lab_bn_A500Million5.813Due2055Member_documentation_en-US" xlink:label="lab_bn_A500Million5.813Due2055Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$500 Million 5.813% Due 2055</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A500Million5.813Due2055Member" xlink:href="bn-20260630.xsd#bn_A500Million5.813Due2055Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A500Million5.813Due2055Member" xlink:to="lab_bn_A500Million5.813Due2055Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentPropertyAbstract_019e89e6-1474-7097-8940-ccf00b13d0cd_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment property [abstract]</link:label>
    <link:label id="lab_ifrs-full_InvestmentPropertyAbstract_label_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment property [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentPropertyAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentPropertyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentPropertyAbstract" xlink:to="lab_ifrs-full_InvestmentPropertyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series26ClassAPreferredSharesMember_019e89e6-1500-746f-bdd5-9128c792ab8c_terseLabel_en-US" xlink:label="lab_bn_Series26ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 26 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series26ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series26ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 26 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series26ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series26ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 26 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series26ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series26ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series26ClassAPreferredSharesMember" xlink:to="lab_bn_Series26ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract_019e89e6-158d-7d65-b3ef-ea445daf6595_terseLabel_en-US" xlink:label="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of revenue from contracts with customers [Abstract]</link:label>
    <link:label id="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract_label_en-US" xlink:label="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of revenue from contracts with customers [Abstract]</link:label>
    <link:label id="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract_documentation_en-US" xlink:label="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of revenue from contracts with customers [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureofrevenuefromcontractswithcustomersAbstract" xlink:href="bn-20260630.xsd#bn_DisclosureofrevenuefromcontractswithcustomersAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureofrevenuefromcontractswithcustomersAbstract" xlink:to="lab_bn_DisclosureofrevenuefromcontractswithcustomersAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series40ClassAPreferredSharesMember_019e89e6-1474-7c50-9c8b-4c7803686e4c_terseLabel_en-US" xlink:label="lab_bn_Series40ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 40 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series40ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series40ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 40 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series40ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series40ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 40 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series40ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series40ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series40ClassAPreferredSharesMember" xlink:to="lab_bn_Series40ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BSREPIVDeconsolidationInvestmentProperty_019e89e6-13c4-700d-a7b5-0f67452e7ef3_terseLabel_en-US" xlink:label="lab_bn_BSREPIVDeconsolidationInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BSREP IV Deconsolidation, Investment Property [Member]</link:label>
    <link:label id="lab_bn_BSREPIVDeconsolidationInvestmentProperty_label_en-US" xlink:label="lab_bn_BSREPIVDeconsolidationInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BSREP IV Deconsolidation, Investment Property</link:label>
    <link:label id="lab_bn_BSREPIVDeconsolidationInvestmentProperty_documentation_en-US" xlink:label="lab_bn_BSREPIVDeconsolidationInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BSREP IV Deconsolidation, Investment Property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BSREPIVDeconsolidationInvestmentProperty" xlink:href="bn-20260630.xsd#bn_BSREPIVDeconsolidationInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BSREPIVDeconsolidationInvestmentProperty" xlink:to="lab_bn_BSREPIVDeconsolidationInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_019e89e6-1500-7b81-aeab-cdb4ecfc402a_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorePlanMember_019e89e6-1474-71aa-b112-b09214368ad0_terseLabel_en-US" xlink:label="lab_bn_CorePlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Core Plan</link:label>
    <link:label id="lab_bn_CorePlanMember_label_en-US" xlink:label="lab_bn_CorePlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Core Plan [Member]</link:label>
    <link:label id="lab_bn_CorePlanMember_documentation_en-US" xlink:label="lab_bn_CorePlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Core Plan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorePlanMember" xlink:href="bn-20260630.xsd#bn_CorePlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorePlanMember" xlink:to="lab_bn_CorePlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfInterestsInAssociates_019e89e6-1474-78dc-9b60-d776488e2e06_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfInterestsInAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of interests in associates</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfInterestsInAssociates_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfInterestsInAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of interests in associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInterestsInAssociates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfInterestsInAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfInterestsInAssociates" xlink:to="lab_ifrs-full_PurchaseOfInterestsInAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Nonrecourseborrowingsofmanagedentities_019e89e6-1500-7fbf-b33c-5cdb518c22ea_terseLabel_en-US" xlink:label="lab_bn_Nonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Nonrecourseborrowingsofmanagedentities_019e89e6-1500-7640-9bc0-b42bce8e9309_totalLabel_en-US" xlink:label="lab_bn_Nonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Nonrecourseborrowingsofmanagedentities_label_en-US" xlink:label="lab_bn_Nonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Nonrecourseborrowingsofmanagedentities_documentation_en-US" xlink:label="lab_bn_Nonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-recourse borrowings of managed entities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Nonrecourseborrowingsofmanagedentities" xlink:href="bn-20260630.xsd#bn_Nonrecourseborrowingsofmanagedentities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Nonrecourseborrowingsofmanagedentities" xlink:to="lab_bn_Nonrecourseborrowingsofmanagedentities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PreferenceSharesSeries52Member_019e89e6-1500-72e7-b948-0bef9cd314ed_terseLabel_en-US" xlink:label="lab_bn_PreferenceSharesSeries52Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preference shares, series 52</link:label>
    <link:label id="lab_bn_PreferenceSharesSeries52Member_label_en-US" xlink:label="lab_bn_PreferenceSharesSeries52Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preference shares, series 52 [Member]</link:label>
    <link:label id="lab_bn_PreferenceSharesSeries52Member_documentation_en-US" xlink:label="lab_bn_PreferenceSharesSeries52Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preference shares, series 52</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PreferenceSharesSeries52Member" xlink:href="bn-20260630.xsd#bn_PreferenceSharesSeries52Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PreferenceSharesSeries52Member" xlink:to="lab_bn_PreferenceSharesSeries52Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ATCMember_019e89e6-158c-77e4-9544-d76a36b80960_terseLabel_en-US" xlink:label="lab_bn_ATCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Elevar [Member]</link:label>
    <link:label id="lab_bn_ATCMember_label_en-US" xlink:label="lab_bn_ATCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ATC [Member]</link:label>
    <link:label id="lab_bn_ATCMember_documentation_en-US" xlink:label="lab_bn_ATCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ATC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ATCMember" xlink:href="bn-20260630.xsd#bn_ATCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ATCMember" xlink:to="lab_bn_ATCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity_019e89e6-1500-7dff-9186-6bfe2b435863_terseLabel_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realized disposition gains recorded directly in equity</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity_label_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Ownership Changes - Equity</link:label>
    <link:label id="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity_documentation_en-US" xlink:label="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realized Disposition Gain (Loss), in Ownership Changes - Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealizedDispositionGainLossinOwnershipChangesEquity" xlink:href="bn-20260630.xsd#bn_RealizedDispositionGainLossinOwnershipChangesEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealizedDispositionGainLossinOwnershipChangesEquity" xlink:to="lab_bn_RealizedDispositionGainLossinOwnershipChangesEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_VariableRate1Axis_019e89e6-13c4-7447-8573-36e87cc1fcce_terseLabel_en-US" xlink:label="lab_bn_VariableRate1Axis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate1 [Axis]</link:label>
    <link:label id="lab_bn_VariableRate1Axis_label_en-US" xlink:label="lab_bn_VariableRate1Axis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate1 [Axis]</link:label>
    <link:label id="lab_bn_VariableRate1Axis_documentation_en-US" xlink:label="lab_bn_VariableRate1Axis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Rate1 [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_VariableRate1Axis" xlink:href="bn-20260630.xsd#bn_VariableRate1Axis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_VariableRate1Axis" xlink:to="lab_bn_VariableRate1Axis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_019e89e6-1474-7838-8a41-43be19d01b58_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_019e89e6-1500-7917-8376-c1376dbe10cf_terseLabel_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
    <link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_label_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_019e89e6-13c4-7ead-9912-76d5c6a848f9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems_019e89e6-1474-7596-976a-dfafd8ab49b1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue_019e89e6-1500-713f-9398-b7a4bef19280_terseLabel_en-US" xlink:label="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Rate</link:label>
    <link:label id="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue_label_en-US" xlink:label="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Rate Used In Current Estimate Of Fair Value</link:label>
    <link:label id="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue_documentation_en-US" xlink:label="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Rate Used In Current Estimate Of Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue" xlink:href="bn-20260630.xsd#bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue" xlink:to="lab_bn_TerminalCapitalizationRateUsedInCurrentEstimateOfFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Noncurrentliabilitiesofassociateorjointventure_019e89e6-13c4-7a37-9b5b-3edfe78663ba_terseLabel_en-US" xlink:label="lab_bn_Noncurrentliabilitiesofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:label id="lab_bn_Noncurrentliabilitiesofassociateorjointventure_label_en-US" xlink:label="lab_bn_Noncurrentliabilitiesofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current liabilities of associate or joint venture</link:label>
    <link:label id="lab_bn_Noncurrentliabilitiesofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_Noncurrentliabilitiesofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-current liabilities of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Noncurrentliabilitiesofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_Noncurrentliabilitiesofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Noncurrentliabilitiesofassociateorjointventure" xlink:to="lab_bn_Noncurrentliabilitiesofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_019e89e6-13c4-796e-92c9-f9add4014d09_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsDomain_019e89e6-13c4-7052-9fb4-7f392de249ee_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:label id="lab_ifrs-full_SegmentsDomain_label_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsDomain" xlink:to="lab_ifrs-full_SegmentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019e89e6-1474-7fee-849f-57e1fb913bad_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019e89e6-1474-7287-a931-c89fdcff1e2a_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019e89e6-1474-7e19-acfd-ac3e83e8ad81_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019e89e6-1474-7e9c-9b10-c561e7c79714_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesAxis_019e89e6-1474-7add-9341-61602c55f533_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOrdinarySharesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:to="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Shareissuance_019e89e6-1474-7da8-bd75-fb1b2ac9a2e1_terseLabel_en-US" xlink:label="lab_bn_Shareissuance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share issuance</link:label>
    <link:label id="lab_bn_Shareissuance_label_en-US" xlink:label="lab_bn_Shareissuance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share issuance</link:label>
    <link:label id="lab_bn_Shareissuance_documentation_en-US" xlink:label="lab_bn_Shareissuance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share issuance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Shareissuance" xlink:href="bn-20260630.xsd#bn_Shareissuance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Shareissuance" xlink:to="lab_bn_Shareissuance" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationTable_019e89e6-13c4-7204-9a65-980b2d2a07fa_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:label id="lab_dei_DocumentInformationTable_label_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable" xlink:to="lab_dei_DocumentInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevaluationSurplusMember_019e89e6-13c4-79ba-ab92-1172037c8dab_terseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationSurplusMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revaluation Surplus</link:label>
    <link:label id="lab_ifrs-full_RevaluationSurplusMember_label_en-US" xlink:label="lab_ifrs-full_RevaluationSurplusMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revaluation surplus [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevaluationSurplusMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevaluationSurplusMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevaluationSurplusMember" xlink:to="lab_ifrs-full_RevaluationSurplusMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_019ff15c-672c-72dd-ad2d-a18acbae6f26_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series38ClassAPreferredSharesMember_019e89e6-1474-701e-9a6e-5a51569d8e16_terseLabel_en-US" xlink:label="lab_bn_Series38ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 38 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series38ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series38ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 38 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series38ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series38ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 38 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series38ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series38ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series38ClassAPreferredSharesMember" xlink:to="lab_bn_Series38ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BWSMember_019e89e6-1500-7dc2-b471-d56f523029b2_terseLabel_en-US" xlink:label="lab_bn_BWSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BWS [Member]</link:label>
    <link:label id="lab_bn_BWSMember_label_en-US" xlink:label="lab_bn_BWSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BWS [Member]</link:label>
    <link:label id="lab_bn_BWSMember_documentation_en-US" xlink:label="lab_bn_BWSMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BWS</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BWSMember" xlink:href="bn-20260630.xsd#bn_BWSMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BWSMember" xlink:to="lab_bn_BWSMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets_019e89e6-158c-7fd0-b948-da3fba63579e_terseLabel_en-US" xlink:label="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Terminal capitalization multiples</link:label>
    <link:label id="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets_label_en-US" xlink:label="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Multiples, Significant Unobservable Inputs, Assets</link:label>
    <link:label id="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets_documentation_en-US" xlink:label="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Terminal Capitalization Multiples, Significant Unobservable Inputs, Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets" xlink:href="bn-20260630.xsd#bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets" xlink:to="lab_bn_TerminalCapitalizationMultiplesSignificantUnobservableInputsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_019e89e6-1500-7935-8b7b-a50ab54770c2_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_country_US_019e89e6-1500-70bb-ba0a-d9b78dd0c9fd_terseLabel_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:label id="lab_country_US_label_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_US" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_US"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US" xlink:to="lab_country_US" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentAbstract_019e89e6-1474-7767-bc8b-77b4141ddf3b_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_019e89e6-1500-77f4-8a0a-ab49d69413a7_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareRepurchases_019e89e6-1474-7a13-b07f-8a4f1cb74dda_terseLabel_en-US" xlink:label="lab_bn_ShareRepurchases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchases (in shares)</link:label>
    <link:label id="lab_bn_ShareRepurchases_label_en-US" xlink:label="lab_bn_ShareRepurchases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchases</link:label>
    <link:label id="lab_bn_ShareRepurchases_documentation_en-US" xlink:label="lab_bn_ShareRepurchases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareRepurchases" xlink:href="bn-20260630.xsd#bn_ShareRepurchases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareRepurchases" xlink:to="lab_bn_ShareRepurchases" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_019e89e6-13c4-7266-bfdb-9ec860c9c120_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsDomain" xlink:to="lab_ifrs-full_BusinessCombinationsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity_019e89e6-13c4-797e-af25-fdd6a458df52_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, pledged as security</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, pledged as security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_StatementofChangesinEquityRollForward_019e89e6-1500-7ec1-b37c-b11d01ff73f9_terseLabel_en-US" xlink:label="lab_bn_StatementofChangesinEquityRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of Changes in Equity [Roll Forward]</link:label>
    <link:label id="lab_bn_StatementofChangesinEquityRollForward_label_en-US" xlink:label="lab_bn_StatementofChangesinEquityRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Changes in Equity [Roll Forward]</link:label>
    <link:label id="lab_bn_StatementofChangesinEquityRollForward_documentation_en-US" xlink:label="lab_bn_StatementofChangesinEquityRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Statement of Changes in Equity [Roll Forward]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_StatementofChangesinEquityRollForward" xlink:href="bn-20260630.xsd#bn_StatementofChangesinEquityRollForward"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_StatementofChangesinEquityRollForward" xlink:to="lab_bn_StatementofChangesinEquityRollForward" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ProductsAndServicesDomain_019e89e6-1500-7f58-8e36-957bec5afcda_terseLabel_en-US" xlink:label="lab_srt_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:label id="lab_srt_ProductsAndServicesDomain_label_en-US" xlink:label="lab_srt_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ProductsAndServicesDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ProductsAndServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ProductsAndServicesDomain" xlink:to="lab_srt_ProductsAndServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations_019e89e6-1474-7da9-85ab-30838c60fff3_terseLabel_en-US" xlink:label="lab_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transaction price allocated to remaining performance obligations</link:label>
    <link:label id="lab_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations_label_en-US" xlink:label="lab_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transaction price allocated to remaining performance obligations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:to="lab_ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LoyaltyprogramMember_019e89e6-1500-7f11-b8a6-ecd7c40051dc_terseLabel_en-US" xlink:label="lab_bn_LoyaltyprogramMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loyalty program [Member]</link:label>
    <link:label id="lab_bn_LoyaltyprogramMember_label_en-US" xlink:label="lab_bn_LoyaltyprogramMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loyalty program [Member]</link:label>
    <link:label id="lab_bn_LoyaltyprogramMember_documentation_en-US" xlink:label="lab_bn_LoyaltyprogramMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loyalty program [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LoyaltyprogramMember" xlink:href="bn-20260630.xsd#bn_LoyaltyprogramMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LoyaltyprogramMember" xlink:to="lab_bn_LoyaltyprogramMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherMember_019e89e6-1500-7f1c-8194-a53f70091a60_terseLabel_en-US" xlink:label="lab_bn_OtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_bn_OtherMember_label_en-US" xlink:label="lab_bn_OtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_bn_OtherMember_documentation_en-US" xlink:label="lab_bn_OtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherMember" xlink:href="bn-20260630.xsd#bn_OtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherMember" xlink:to="lab_bn_OtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement_019e89e6-13c4-7367-b17e-b5b4e8b8897c_terseLabel_en-US" xlink:label="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unvested (in shares)</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Share Options Unvested In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Share Options Unvested In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement" xlink:to="lab_bn_NumberOfShareOptionsUnvestedInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesDomain_019e89e6-1474-79c9-adbe-42a1463b06b7_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesDomain_label_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesDomain" xlink:to="lab_ifrs-full_JointVenturesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory_019e89e6-1500-71e2-90a9-c1f55c336ed1_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investment in associates and joint ventures [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investment in associates and joint ventures [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement_019e89e6-1474-7a63-b4ee-057960db715e_terseLabel_en-US" xlink:label="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Options Vested In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Options Vested In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Options Vested In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareOptionsVestedInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_ShareOptionsVestedInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareOptionsVestedInShareBasedPaymentArrangement" xlink:to="lab_bn_ShareOptionsVestedInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_019e89e6-1500-7f13-b8a5-ddde801dec77_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_019e89e6-1500-753a-adda-6d41493fdd10_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of financial instruments [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet_019e89e6-158c-7d5c-aad8-a9aecce4d921_terseLabel_en-US" xlink:label="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse credit facilities arranged and repaid, net</link:label>
    <link:label id="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet_label_en-US" xlink:label="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From (Payments Of) Non-Recourse Credit Facilities, Net</link:label>
    <link:label id="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet_documentation_en-US" xlink:label="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From (Payments Of) Non-Recourse Credit Facilities, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet" xlink:href="bn-20260630.xsd#bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet" xlink:to="lab_bn_ProceedsFromPaymentsOfNonRecourseCreditFacilitiesNet" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherFinancingActivities_019e89e6-1500-7608-b867-8d20653b9cf7_terseLabel_en-US" xlink:label="lab_bn_OtherFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financing activities, net</link:label>
    <link:label id="lab_bn_OtherFinancingActivities_label_en-US" xlink:label="lab_bn_OtherFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other financing activities</link:label>
    <link:label id="lab_bn_OtherFinancingActivities_documentation_en-US" xlink:label="lab_bn_OtherFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherFinancingActivities" xlink:href="bn-20260630.xsd#bn_OtherFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherFinancingActivities" xlink:to="lab_bn_OtherFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_019e89e6-1474-7e35-8cdd-18b24e148d66_terseLabel_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_019e89e6-1474-76d6-94a5-da837fe30af5_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CorporateLoansMember_019e89e6-1500-7deb-af8e-d8b8a5b8e6db_verboseLabel_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans to corporate entities [member]</link:label>
    <link:label id="lab_ifrs-full_CorporateLoansMember_019e89e6-1500-7879-8af4-074afd054329_terseLabel_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate bonds</link:label>
    <link:label id="lab_ifrs-full_CorporateLoansMember_label_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans to corporate entities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CorporateLoansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CorporateLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CorporateLoansMember" xlink:to="lab_ifrs-full_CorporateLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_019e89e6-1500-71f4-85c3-4ef280388d1e_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PatentsAndTrademarksMember_019e89e6-1474-731e-aaa6-9b5d1e3badd3_terseLabel_en-US" xlink:label="lab_bn_PatentsAndTrademarksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Patents and Trademarks</link:label>
    <link:label id="lab_bn_PatentsAndTrademarksMember_label_en-US" xlink:label="lab_bn_PatentsAndTrademarksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Patents and Trademarks [Member]</link:label>
    <link:label id="lab_bn_PatentsAndTrademarksMember_documentation_en-US" xlink:label="lab_bn_PatentsAndTrademarksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Patents and Trademarks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PatentsAndTrademarksMember" xlink:href="bn-20260630.xsd#bn_PatentsAndTrademarksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PatentsAndTrademarksMember" xlink:to="lab_bn_PatentsAndTrademarksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_019e89e6-1474-7efd-8f5c-bdef3fefb8af_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DistrictenergysystemsMember_019e89e6-1474-7b7b-9af1-cecf3bd4c327_terseLabel_en-US" xlink:label="lab_bn_DistrictenergysystemsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">District energy systems [Member]</link:label>
    <link:label id="lab_bn_DistrictenergysystemsMember_label_en-US" xlink:label="lab_bn_DistrictenergysystemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">District energy systems [Member]</link:label>
    <link:label id="lab_bn_DistrictenergysystemsMember_documentation_en-US" xlink:label="lab_bn_DistrictenergysystemsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">District energy systems [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DistrictenergysystemsMember" xlink:href="bn-20260630.xsd#bn_DistrictenergysystemsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DistrictenergysystemsMember" xlink:to="lab_bn_DistrictenergysystemsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfIFRSCompliance_019e89e6-158d-79ac-bf80-3e99d9b4407f_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of Compliance</link:label>
    <link:label id="lab_ifrs-full_StatementOfIFRSCompliance_label_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of IFRS compliance [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfIFRSCompliance" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfIFRSCompliance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfIFRSCompliance" xlink:to="lab_ifrs-full_StatementOfIFRSCompliance" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series9ClassAPreferredSharesMember_019e89e6-1500-7a2b-8688-9a7f1e1def16_terseLabel_en-US" xlink:label="lab_bn_Series9ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 9 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series9ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series9ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 9 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series9ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series9ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 9 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series9ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series9ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series9ClassAPreferredSharesMember" xlink:to="lab_bn_Series9ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_019e89e6-158d-7d79-8ed5-fa8e2d53d099_terseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level&#160;3</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_019e89e6-158d-7003-b99e-a546a9ebf111_verboseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Level&#160;3</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A1100485UnsecuredNotesDue2029Member_019e89e6-13c4-7fd5-887f-51ea8cee897f_terseLabel_en-US" xlink:label="lab_bn_A1100485UnsecuredNotesDue2029Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$1,100 4.85% Unsecured Notes Due 2029</link:label>
    <link:label id="lab_bn_A1100485UnsecuredNotesDue2029Member_label_en-US" xlink:label="lab_bn_A1100485UnsecuredNotesDue2029Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$1,100 4.85% Unsecured Notes Due 2029 [Member]</link:label>
    <link:label id="lab_bn_A1100485UnsecuredNotesDue2029Member_documentation_en-US" xlink:label="lab_bn_A1100485UnsecuredNotesDue2029Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2029 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A1100485UnsecuredNotesDue2029Member" xlink:href="bn-20260630.xsd#bn_A1100485UnsecuredNotesDue2029Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A1100485UnsecuredNotesDue2029Member" xlink:to="lab_bn_A1100485UnsecuredNotesDue2029Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests_019e89e6-1500-7b8c-8e8f-dca2810034c0_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital provided by non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from contributions of non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:to="lab_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series15ClassAPreferredSharesMember_019e89e6-158d-7ed4-aa68-7c0af18f51d3_terseLabel_en-US" xlink:label="lab_bn_Series15ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 15 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series15ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series15ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 15 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series15ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series15ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 15 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series15ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series15ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series15ClassAPreferredSharesMember" xlink:to="lab_bn_Series15ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherFinancialAssetsMember_019e89e6-1500-7b5e-b9d4-dd5a273a0724_netLabel_en-US" xlink:label="lab_bn_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_bn_OtherFinancialAssetsMember_019e89e6-1500-7aff-a46a-db5346d84c16_terseLabel_en-US" xlink:label="lab_bn_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_bn_OtherFinancialAssetsMember_label_en-US" xlink:label="lab_bn_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Assets [Member]</link:label>
    <link:label id="lab_bn_OtherFinancialAssetsMember_documentation_en-US" xlink:label="lab_bn_OtherFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherFinancialAssetsMember" xlink:href="bn-20260630.xsd#bn_OtherFinancialAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherFinancialAssetsMember" xlink:to="lab_bn_OtherFinancialAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment_019e89e6-1500-7461-96c2-e3f05171569b_terseLabel_en-US" xlink:label="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful lives or depreciation rates, property, plant and equipment</link:label>
    <link:label id="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful lives or depreciation rates, property, plant and equipment</link:label>
    <link:label id="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Useful lives or depreciation rates, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:href="bn-20260630.xsd#bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:to="lab_bn_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_019e89e6-158c-7fcb-accc-6deedc4af88a_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LPInvestmentsMember_019e89e6-1500-7204-93a9-8c9ffd416e30_terseLabel_en-US" xlink:label="lab_bn_LPInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LP Investments and Other [Member]</link:label>
    <link:label id="lab_bn_LPInvestmentsMember_label_en-US" xlink:label="lab_bn_LPInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LP Investments [Member]</link:label>
    <link:label id="lab_bn_LPInvestmentsMember_documentation_en-US" xlink:label="lab_bn_LPInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LP Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LPInvestmentsMember" xlink:href="bn-20260630.xsd#bn_LPInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LPInvestmentsMember" xlink:to="lab_bn_LPInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_019e89e6-1500-7cee-aefb-5a359687e935_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of accounting judgements and estimates [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of accounting judgements and estimates [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherPayables_019e89e6-1474-7101-b654-b8d43a2e307c_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherPayables_019e89e6-1474-79af-94fa-3f32e273c5fb_negatedLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayables" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherPayables_019e89e6-1474-7b83-8e03-4d9b2790de74_totalLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherPayables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherPayables" xlink:to="lab_ifrs-full_TradeAndOtherPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty_019e89e6-1474-73d5-9179-9f6e220c5601_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repurchases (in shares)</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease through classified as held for sale, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty" xlink:to="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CashFlowsFromUsedInAbstract_019e89e6-1474-73fe-b5b7-93344c175e37_terseLabel_en-US" xlink:label="lab_bn_CashFlowsFromUsedInAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in):</link:label>
    <link:label id="lab_bn_CashFlowsFromUsedInAbstract_label_en-US" xlink:label="lab_bn_CashFlowsFromUsedInAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) [Abstract]</link:label>
    <link:label id="lab_bn_CashFlowsFromUsedInAbstract_documentation_en-US" xlink:label="lab_bn_CashFlowsFromUsedInAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CashFlowsFromUsedInAbstract" xlink:href="bn-20260630.xsd#bn_CashFlowsFromUsedInAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CashFlowsFromUsedInAbstract" xlink:to="lab_bn_CashFlowsFromUsedInAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_019e89e6-1474-77a9-94b5-a25d336e8f58_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorName_019e89e6-13c4-749d-89b7-4a6653ed1a4a_terseLabel_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Name</link:label>
    <link:label id="lab_dei_AuditorName_label_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorName" xlink:to="lab_dei_AuditorName" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DamsMember_019e89e6-13c4-7d7f-8501-da7e40aaea99_terseLabel_en-US" xlink:label="lab_bn_DamsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dams [Member]</link:label>
    <link:label id="lab_bn_DamsMember_label_en-US" xlink:label="lab_bn_DamsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dams [Member]</link:label>
    <link:label id="lab_bn_DamsMember_documentation_en-US" xlink:label="lab_bn_DamsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dams [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DamsMember" xlink:href="bn-20260630.xsd#bn_DamsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DamsMember" xlink:to="lab_bn_DamsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtheritemsAbstract_019e89e6-1500-73be-a83f-e10db2ea13d2_terseLabel_en-US" xlink:label="lab_bn_OtheritemsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other items</link:label>
    <link:label id="lab_bn_OtheritemsAbstract_label_en-US" xlink:label="lab_bn_OtheritemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other items [Abstract]</link:label>
    <link:label id="lab_bn_OtheritemsAbstract_documentation_en-US" xlink:label="lab_bn_OtheritemsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other items [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtheritemsAbstract" xlink:href="bn-20260630.xsd#bn_OtheritemsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtheritemsAbstract" xlink:to="lab_bn_OtheritemsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ValueAddMember_019e89e6-13c4-7d17-8bba-5904d6bf073b_terseLabel_en-US" xlink:label="lab_bn_ValueAddMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Value Add (Member)</link:label>
    <link:label id="lab_bn_ValueAddMember_label_en-US" xlink:label="lab_bn_ValueAddMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Value Add [Member]</link:label>
    <link:label id="lab_bn_ValueAddMember_documentation_en-US" xlink:label="lab_bn_ValueAddMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Value Add</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ValueAddMember" xlink:href="bn-20260630.xsd#bn_ValueAddMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ValueAddMember" xlink:to="lab_bn_ValueAddMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_019e89e6-158d-7ce7-8b1c-6e6f62a96f96_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dilutive effect of conversion of subsidiary preferred shares</link:label>
    <link:label id="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_label_en-US" xlink:label="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment to profit (loss) for preference share dividends</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:to="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FinancialassetstransferredbetweenLevels12and3_019e89e6-13c4-7300-a047-7a3a5efe144b_terseLabel_en-US" xlink:label="lab_bn_FinancialassetstransferredbetweenLevels12and3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets transferred between Levels 1, 2, and 3</link:label>
    <link:label id="lab_bn_FinancialassetstransferredbetweenLevels12and3_label_en-US" xlink:label="lab_bn_FinancialassetstransferredbetweenLevels12and3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets transferred between Levels 1, 2, and 3</link:label>
    <link:label id="lab_bn_FinancialassetstransferredbetweenLevels12and3_documentation_en-US" xlink:label="lab_bn_FinancialassetstransferredbetweenLevels12and3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial assets transferred between Levels 1, 2, and 3</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FinancialassetstransferredbetweenLevels12and3" xlink:href="bn-20260630.xsd#bn_FinancialassetstransferredbetweenLevels12and3"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FinancialassetstransferredbetweenLevels12and3" xlink:to="lab_bn_FinancialassetstransferredbetweenLevels12and3" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsDomain_019e89e6-13c4-7fdb-8a83-bf0a565e22ca_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment consolidation items [domain]</link:label>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsDomain_label_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment consolidation items [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentConsolidationItemsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentConsolidationItemsDomain" xlink:to="lab_ifrs-full_SegmentConsolidationItemsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BoralexMember_01a0014b-ffef-7341-9912-1fad289cdc95_terseLabel_en-US" xlink:label="lab_bn_BoralexMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Boralex</link:label>
    <link:label id="lab_bn_BoralexMember_label_en-US" xlink:label="lab_bn_BoralexMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Boralex [Member]</link:label>
    <link:label id="lab_bn_BoralexMember_documentation_en-US" xlink:label="lab_bn_BoralexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Boralex</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BoralexMember" xlink:href="bn-20260630.xsd#bn_BoralexMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BoralexMember" xlink:to="lab_bn_BoralexMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_019e89e6-1500-742f-8fd1-1d209dd09943_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_019e89e6-1500-776c-9609-5aef87cb4888_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_019e89e6-1500-771f-bf14-5ad492c08452_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current portion other financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentFinancialAssets" xlink:to="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsInvestmentProperty_019e89e6-158c-7b80-a2d9-e936826f87e3_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DisposalsInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dispositions</link:label>
    <link:label id="lab_ifrs-full_DisposalsInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_DisposalsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsInvestmentProperty" xlink:to="lab_ifrs-full_DisposalsInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SustainableSolutionsMember_019e89e6-1500-7896-abc3-4673eb12571f_terseLabel_en-US" xlink:label="lab_bn_SustainableSolutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sustainable Solutions</link:label>
    <link:label id="lab_bn_SustainableSolutionsMember_label_en-US" xlink:label="lab_bn_SustainableSolutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sustainable Solutions [Member]</link:label>
    <link:label id="lab_bn_SustainableSolutionsMember_documentation_en-US" xlink:label="lab_bn_SustainableSolutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sustainable Solutions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SustainableSolutionsMember" xlink:href="bn-20260630.xsd#bn_SustainableSolutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SustainableSolutionsMember" xlink:to="lab_bn_SustainableSolutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_019e89e6-1474-73b6-8f04-de4b12755ba1_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average term to exercise</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option life, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfOptionLifeShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:to="lab_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UsefulLivesPropertyPlantAndEquipment_019e89e6-13c4-7245-8bc0-800a4d21f2fc_terseLabel_en-US" xlink:label="lab_bn_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful lives, property, plant and equipment</link:label>
    <link:label id="lab_bn_UsefulLivesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_bn_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful lives, property, plant and equipment</link:label>
    <link:label id="lab_bn_UsefulLivesPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_bn_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Useful lives, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UsefulLivesPropertyPlantAndEquipment" xlink:href="bn-20260630.xsd#bn_UsefulLivesPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UsefulLivesPropertyPlantAndEquipment" xlink:to="lab_bn_UsefulLivesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DeferredStockUnitMember_019e89e6-1474-764d-a1ce-4636a75826b7_terseLabel_en-US" xlink:label="lab_bn_DeferredStockUnitMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Stock Unit</link:label>
    <link:label id="lab_bn_DeferredStockUnitMember_label_en-US" xlink:label="lab_bn_DeferredStockUnitMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Stock Unit [Member]</link:label>
    <link:label id="lab_bn_DeferredStockUnitMember_documentation_en-US" xlink:label="lab_bn_DeferredStockUnitMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Stock Unit [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DeferredStockUnitMember" xlink:href="bn-20260630.xsd#bn_DeferredStockUnitMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DeferredStockUnitMember" xlink:to="lab_bn_DeferredStockUnitMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SolarandOtherMember_019e89e6-13c4-7083-babb-2f653e3ede24_terseLabel_en-US" xlink:label="lab_bn_SolarandOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Solar and Other [Member]</link:label>
    <link:label id="lab_bn_SolarandOtherMember_label_en-US" xlink:label="lab_bn_SolarandOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Solar and Other [Member]</link:label>
    <link:label id="lab_bn_SolarandOtherMember_documentation_en-US" xlink:label="lab_bn_SolarandOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Solar and Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SolarandOtherMember" xlink:href="bn-20260630.xsd#bn_SolarandOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SolarandOtherMember" xlink:to="lab_bn_SolarandOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldAssetManagementInc.Member_019e89e6-158c-77d5-924c-cfa3eab01178_terseLabel_en-US" xlink:label="lab_bn_BrookfieldAssetManagementInc.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Corporation</link:label>
    <link:label id="lab_bn_BrookfieldAssetManagementInc.Member_label_en-US" xlink:label="lab_bn_BrookfieldAssetManagementInc.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Asset Management Inc. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldAssetManagementInc.Member_documentation_en-US" xlink:label="lab_bn_BrookfieldAssetManagementInc.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Asset Management Inc. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldAssetManagementInc.Member" xlink:href="bn-20260630.xsd#bn_BrookfieldAssetManagementInc.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldAssetManagementInc.Member" xlink:to="lab_bn_BrookfieldAssetManagementInc.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SupplementalCashflowInformationAbstract_019e89e6-1474-76ad-9961-50528c8a03ce_terseLabel_en-US" xlink:label="lab_bn_SupplementalCashflowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:label id="lab_bn_SupplementalCashflowInformationAbstract_label_en-US" xlink:label="lab_bn_SupplementalCashflowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cashflow Information [Abstract]</link:label>
    <link:label id="lab_bn_SupplementalCashflowInformationAbstract_documentation_en-US" xlink:label="lab_bn_SupplementalCashflowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplemental Cashflow Information</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SupplementalCashflowInformationAbstract" xlink:href="bn-20260630.xsd#bn_SupplementalCashflowInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SupplementalCashflowInformationAbstract" xlink:to="lab_bn_SupplementalCashflowInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_019e89e6-1500-7db8-83fa-12c71fce7f0f_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_019e89e6-1500-7ddd-b0f4-fdee45b24828_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_019e89e6-1474-738e-a4c6-cf886efacc2c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShipsMember_019e89e6-1474-7bad-ab6e-8d9d48659a76_terseLabel_en-US" xlink:label="lab_ifrs-full_ShipsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ships [member]</link:label>
    <link:label id="lab_ifrs-full_ShipsMember_label_en-US" xlink:label="lab_ifrs-full_ShipsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ships [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShipsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShipsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShipsMember" xlink:to="lab_ifrs-full_ShipsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityDomain_019e89e6-1474-7df4-9f09-7265624ba52d_terseLabel_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_label_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain" xlink:to="lab_dei_EntityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A1Billion5431UnsecuredNotesDue2032Member_019e89e6-1500-7220-ae67-34fbdd0418ff_terseLabel_en-US" xlink:label="lab_bn_A1Billion5431UnsecuredNotesDue2032Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$1 billion 5.431% Unsecured Notes Due 2032</link:label>
    <link:label id="lab_bn_A1Billion5431UnsecuredNotesDue2032Member_label_en-US" xlink:label="lab_bn_A1Billion5431UnsecuredNotesDue2032Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$1 billion 5.431% Unsecured Notes Due 2032 [Member]</link:label>
    <link:label id="lab_bn_A1Billion5431UnsecuredNotesDue2032Member_documentation_en-US" xlink:label="lab_bn_A1Billion5431UnsecuredNotesDue2032Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$1 billion 5.431% Unsecured Notes Due 2032</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A1Billion5431UnsecuredNotesDue2032Member" xlink:href="bn-20260630.xsd#bn_A1Billion5431UnsecuredNotesDue2032Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A1Billion5431UnsecuredNotesDue2032Member" xlink:to="lab_bn_A1Billion5431UnsecuredNotesDue2032Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract_019e89e6-13c4-775e-ac12-a6965b4adda0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Assetsclassifiedasheldforsale_019e89e6-158c-7c0b-a0cb-251754478e53_terseLabel_en-US" xlink:label="lab_bn_Assetsclassifiedasheldforsale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets classified as held for sale</link:label>
    <link:label id="lab_bn_Assetsclassifiedasheldforsale_019e89e6-158c-78de-842c-4493ac212034_totalLabel_en-US" xlink:label="lab_bn_Assetsclassifiedasheldforsale" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Assets classified as held for sale</link:label>
    <link:label id="lab_bn_Assetsclassifiedasheldforsale_label_en-US" xlink:label="lab_bn_Assetsclassifiedasheldforsale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets classified as held for sale</link:label>
    <link:label id="lab_bn_Assetsclassifiedasheldforsale_documentation_en-US" xlink:label="lab_bn_Assetsclassifiedasheldforsale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets classified as held for sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Assetsclassifiedasheldforsale" xlink:href="bn-20260630.xsd#bn_Assetsclassifiedasheldforsale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Assetsclassifiedasheldforsale" xlink:to="lab_bn_Assetsclassifiedasheldforsale" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalYearFocus_019e89e6-1474-77cd-8697-cd6fcad013d0_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditedAnnualFinancialStatements_019e89e6-1500-7296-80d5-c0a7cbfcc042_terseLabel_en-US" xlink:label="lab_dei_AuditedAnnualFinancialStatements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Audited Annual Financial Statements</link:label>
    <link:label id="lab_dei_AuditedAnnualFinancialStatements_label_en-US" xlink:label="lab_dei_AuditedAnnualFinancialStatements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Audited Annual Financial Statements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditedAnnualFinancialStatements" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditedAnnualFinancialStatements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditedAnnualFinancialStatements" xlink:to="lab_dei_AuditedAnnualFinancialStatements" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss_019e89e6-13c4-7e15-a23d-4af2622db6f4_terseLabel_en-US" xlink:label="lab_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value gains (losses) on financial assets reclassified out of fair value through other comprehensive income recognized in fair value through profit and loss</link:label>
    <link:label id="lab_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss_label_en-US" xlink:label="lab_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value gains (losses) on financial assets reclassified out of fair value through other comprehensive income recognized in fair value through profit and loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss" xlink:href="bn-20260630.xsd#bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss" xlink:to="lab_bn_Fairvaluegainslossesonfinancialassetsreclassifiedoutoffairvaluethroughothercomprehensiveincomerecognizedinfairvaluethroughprofitandloss" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FundsFromOperations_019e89e6-13c4-7e86-8210-84c5d8f6cbc9_terseLabel_en-US" xlink:label="lab_bn_FundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds from operations</link:label>
    <link:label id="lab_bn_FundsFromOperations_019e89e6-13c4-7047-b83c-bf0db4457cc2_negatedTerseLabel_en-US" xlink:label="lab_bn_FundsFromOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Funds from operations</link:label>
    <link:label id="lab_bn_FundsFromOperations_label_en-US" xlink:label="lab_bn_FundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds From Operations</link:label>
    <link:label id="lab_bn_FundsFromOperations_documentation_en-US" xlink:label="lab_bn_FundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds From Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FundsFromOperations" xlink:href="bn-20260630.xsd#bn_FundsFromOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FundsFromOperations" xlink:to="lab_bn_FundsFromOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A500350UnsecuredNotesDue2051Member_019e89e6-1474-764a-b012-2535fd3a49ff_terseLabel_en-US" xlink:label="lab_bn_A500350UnsecuredNotesDue2051Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$500 3.50% Unsecured Notes Due 2051</link:label>
    <link:label id="lab_bn_A500350UnsecuredNotesDue2051Member_label_en-US" xlink:label="lab_bn_A500350UnsecuredNotesDue2051Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$500 3.50% Unsecured Notes Due 2051 [Member]</link:label>
    <link:label id="lab_bn_A500350UnsecuredNotesDue2051Member_documentation_en-US" xlink:label="lab_bn_A500350UnsecuredNotesDue2051Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$500 3.50% Unsecured Notes Due 2051</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A500350UnsecuredNotesDue2051Member" xlink:href="bn-20260630.xsd#bn_A500350UnsecuredNotesDue2051Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A500350UnsecuredNotesDue2051Member" xlink:to="lab_bn_A500350UnsecuredNotesDue2051Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AldoMember_019e89e6-13c4-7cc8-a4f0-2a30036dbbb4_terseLabel_en-US" xlink:label="lab_bn_AldoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aldo [Member]</link:label>
    <link:label id="lab_bn_AldoMember_label_en-US" xlink:label="lab_bn_AldoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aldo [Member]</link:label>
    <link:label id="lab_bn_AldoMember_documentation_en-US" xlink:label="lab_bn_AldoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aldo</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AldoMember" xlink:href="bn-20260630.xsd#bn_AldoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AldoMember" xlink:to="lab_bn_AldoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_019ff1b3-7297-7737-a7a5-86952a39edd5_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">FAIR VALUE OF FINANCIAL INSTRUMENTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_NorthAmericaMember_019e89e6-1500-7b55-91b8-690caac88cad_terseLabel_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North America [Member]</link:label>
    <link:label id="lab_srt_NorthAmericaMember_019e89e6-1500-7637-8af0-6b663019063f_verboseLabel_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">North America</link:label>
    <link:label id="lab_srt_NorthAmericaMember_label_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">North America [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_NorthAmericaMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_NorthAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_NorthAmericaMember" xlink:to="lab_srt_NorthAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAssetsMember_019e89e6-1474-7e96-96fe-235ca3ab2d78_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets [member]</link:label>
    <link:label id="lab_ifrs-full_OtherAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssetsMember" xlink:to="lab_ifrs-full_OtherAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable_019e89e6-1474-7c19-a3ac-8625c9fe1001_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Measurement Of Assets And Liabilities [Table]</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable_label_en-US" xlink:label="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Measurement Of Assets And Liabilities [Table]</link:label>
    <link:label id="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable_documentation_en-US" xlink:label="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Measurement Of Assets And Liabilities [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:href="bn-20260630.xsd#bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:to="lab_bn_DisclosureOfFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesDomain_019e89e6-13c4-757a-b763-e94ec9ddb7ba_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of interest rates [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of interest rates [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:to="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Sharebasedawardsvestingperiod_019e89e6-13c4-7564-acf1-3cde1e5ca9ac_terseLabel_en-US" xlink:label="lab_bn_Sharebasedawardsvestingperiod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share based awards, vesting period</link:label>
    <link:label id="lab_bn_Sharebasedawardsvestingperiod_label_en-US" xlink:label="lab_bn_Sharebasedawardsvestingperiod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share based awards, vesting period</link:label>
    <link:label id="lab_bn_Sharebasedawardsvestingperiod_documentation_en-US" xlink:label="lab_bn_Sharebasedawardsvestingperiod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share based awards, vesting period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Sharebasedawardsvestingperiod" xlink:href="bn-20260630.xsd#bn_Sharebasedawardsvestingperiod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Sharebasedawardsvestingperiod" xlink:to="lab_bn_Sharebasedawardsvestingperiod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherIncome_019e89e6-1500-7061-8ee6-9bb55dacb3f8_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income and gains</link:label>
    <link:label id="lab_ifrs-full_OtherIncome_label_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIncome" xlink:to="lab_ifrs-full_OtherIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts_019e89e6-158c-74a6-be97-6eb3bbdd8722_terseLabel_en-US" xlink:label="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortisation expense, reclassified as direct costs</link:label>
    <link:label id="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts_label_en-US" xlink:label="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation and amortisation expense, reclassified as direct costs</link:label>
    <link:label id="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts_documentation_en-US" xlink:label="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation and amortisation expense, reclassified as direct costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts" xlink:href="bn-20260630.xsd#bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts" xlink:to="lab_bn_DepreciationAndAmortisationExpenseReclassifiedAsDirectCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseholdImprovementsMember_019e89e6-158c-7bdf-a915-58314884cbb2_terseLabel_en-US" xlink:label="lab_ifrs-full_LeaseholdImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasehold improvements [member]</link:label>
    <link:label id="lab_ifrs-full_LeaseholdImprovementsMember_label_en-US" xlink:label="lab_ifrs-full_LeaseholdImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasehold improvements [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseholdImprovementsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseholdImprovementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseholdImprovementsMember" xlink:to="lab_ifrs-full_LeaseholdImprovementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_019e89e6-1474-7e33-ab8d-af3b8c9f8503_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of expected impact of initial application of new standards or interpretations [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of expected impact of initial application of new standards or interpretations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:to="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaterialReconcilingItemsMember_019e89e6-1474-7be7-9949-11b48dcbfe92_terseLabel_en-US" xlink:label="lab_ifrs-full_MaterialReconcilingItemsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Material reconciling items</link:label>
    <link:label id="lab_ifrs-full_MaterialReconcilingItemsMember_label_en-US" xlink:label="lab_ifrs-full_MaterialReconcilingItemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material reconciling items [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaterialReconcilingItemsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaterialReconcilingItemsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaterialReconcilingItemsMember" xlink:to="lab_ifrs-full_MaterialReconcilingItemsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_019e89e6-1500-7184-8f13-4fd41c008271_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AddNCIOnAboveItems_019e89e6-1500-76c6-a675-95492b21578c_terseLabel_en-US" xlink:label="lab_bn_AddNCIOnAboveItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: NCI on above items</link:label>
    <link:label id="lab_bn_AddNCIOnAboveItems_label_en-US" xlink:label="lab_bn_AddNCIOnAboveItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Add: NCI on above items</link:label>
    <link:label id="lab_bn_AddNCIOnAboveItems_documentation_en-US" xlink:label="lab_bn_AddNCIOnAboveItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Add: NCI on above items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AddNCIOnAboveItems" xlink:href="bn-20260630.xsd#bn_AddNCIOnAboveItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AddNCIOnAboveItems" xlink:to="lab_bn_AddNCIOnAboveItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_019e89e6-13c4-708d-872e-0005c7a1129e_terseLabel_en-US" xlink:label="lab_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not measured at fair value in statement of financial position but for which fair value is disclosed</link:label>
    <link:label id="lab_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_label_en-US" xlink:label="lab_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not measured at fair value in statement of financial position but for which fair value is disclosed [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:to="lab_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CommonDomainMembersAbstract_label_en-US" xlink:label="lab_srt_CommonDomainMembersAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Domain Members [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CommonDomainMembersAbstract" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CommonDomainMembersAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CommonDomainMembersAbstract" xlink:to="lab_srt_CommonDomainMembersAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Intersegmentinterestincomeandotherrevenues_019e89e6-1474-79db-af43-c7f6fc48c252_terseLabel_en-US" xlink:label="lab_bn_Intersegmentinterestincomeandotherrevenues" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intersegment interest income and other revenues</link:label>
    <link:label id="lab_bn_Intersegmentinterestincomeandotherrevenues_label_en-US" xlink:label="lab_bn_Intersegmentinterestincomeandotherrevenues" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intersegment interest income and other revenues</link:label>
    <link:label id="lab_bn_Intersegmentinterestincomeandotherrevenues_documentation_en-US" xlink:label="lab_bn_Intersegmentinterestincomeandotherrevenues" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intersegment interest income and other operating revenues</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Intersegmentinterestincomeandotherrevenues" xlink:href="bn-20260630.xsd#bn_Intersegmentinterestincomeandotherrevenues"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Intersegmentinterestincomeandotherrevenues" xlink:to="lab_bn_Intersegmentinterestincomeandotherrevenues" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ServiceConcessionArrangementsDomain_019e89e6-158d-7717-9966-b7c62a37882a_terseLabel_en-US" xlink:label="lab_ifrs-full_ServiceConcessionArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Service concession arrangements [domain]</link:label>
    <link:label id="lab_ifrs-full_ServiceConcessionArrangementsDomain_label_en-US" xlink:label="lab_ifrs-full_ServiceConcessionArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Service concession arrangements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ServiceConcessionArrangementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ServiceConcessionArrangementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ServiceConcessionArrangementsDomain" xlink:to="lab_ifrs-full_ServiceConcessionArrangementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series32ClassAPreferredSharesMember_019e89e6-158c-71bf-ba06-014639b55a17_terseLabel_en-US" xlink:label="lab_bn_Series32ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 32 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series32ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series32ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 32 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series32ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series32ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 32 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series32ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series32ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series32ClassAPreferredSharesMember" xlink:to="lab_bn_Series32ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable_019e89e6-1474-79a0-9037-e0e9d79778d6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:to="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IndirectOwnershipDomain_019e89e6-13c4-7f48-8f8e-173f38b8a9ce_terseLabel_en-US" xlink:label="lab_bn_IndirectOwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indirect ownership [Domain]</link:label>
    <link:label id="lab_bn_IndirectOwnershipDomain_label_en-US" xlink:label="lab_bn_IndirectOwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indirect ownership [Domain]</link:label>
    <link:label id="lab_bn_IndirectOwnershipDomain_documentation_en-US" xlink:label="lab_bn_IndirectOwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indirect ownership [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IndirectOwnershipDomain" xlink:href="bn-20260630.xsd#bn_IndirectOwnershipDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IndirectOwnershipDomain" xlink:to="lab_bn_IndirectOwnershipDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_VoluntaryChangesInAccountingPolicyDomain_019e89e6-1500-72bf-9265-26c6032c2800_terseLabel_en-US" xlink:label="lab_ifrs-full_VoluntaryChangesInAccountingPolicyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Voluntary changes in accounting policy [axis]</link:label>
    <link:label id="lab_ifrs-full_VoluntaryChangesInAccountingPolicyDomain_label_en-US" xlink:label="lab_ifrs-full_VoluntaryChangesInAccountingPolicyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Voluntary changes in accounting policy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_VoluntaryChangesInAccountingPolicyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_VoluntaryChangesInAccountingPolicyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_VoluntaryChangesInAccountingPolicyDomain" xlink:to="lab_ifrs-full_VoluntaryChangesInAccountingPolicyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_019e89e6-1500-732c-bac8-acefbf5640d5_terseLabel_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares</link:label>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_label_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OrdinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ReclassificationOfNonRecourseBorrowings_019e89e6-1500-7e05-abeb-a754a59b2cde_terseLabel_en-US" xlink:label="lab_bn_ReclassificationOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of non-recourse borrowings</link:label>
    <link:label id="lab_bn_ReclassificationOfNonRecourseBorrowings_label_en-US" xlink:label="lab_bn_ReclassificationOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification of non-recourse borrowings</link:label>
    <link:label id="lab_bn_ReclassificationOfNonRecourseBorrowings_documentation_en-US" xlink:label="lab_bn_ReclassificationOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclassification of non-recourse borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ReclassificationOfNonRecourseBorrowings" xlink:href="bn-20260630.xsd#bn_ReclassificationOfNonRecourseBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ReclassificationOfNonRecourseBorrowings" xlink:to="lab_bn_ReclassificationOfNonRecourseBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_019e89e6-1500-77a7-8a92-c7d5e9caf8a9_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities associated with assets classified as held for sale</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_019e89e6-1500-75ca-bc76-a20329f12cea_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Liabilities associated with assets classified as held for sale</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities included in disposal groups classified as held for sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_019e89e6-1500-77d3-ab81-fbebc7b37728_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_019e89e6-1500-79c3-a102-efd5243b56cb_verboseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Costs</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_019e89e6-158c-78a5-8e5b-d94784b703fd_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current portion of accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember_019e89e6-1500-7981-83b2-3aa73d48b31b_terseLabel_en-US" xlink:label="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transaction related gains, net of deal costs</link:label>
    <link:label id="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember_label_en-US" xlink:label="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transaction Related Gains (Losses), Net of Deal Costs [Member]</link:label>
    <link:label id="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember_documentation_en-US" xlink:label="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transaction Related Gains (Losses), Net of Deal Costs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TransactionRelatedGainsLossesNetofDealCostsMember" xlink:href="bn-20260630.xsd#bn_TransactionRelatedGainsLossesNetofDealCostsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TransactionRelatedGainsLossesNetofDealCostsMember" xlink:to="lab_bn_TransactionRelatedGainsLossesNetofDealCostsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares_019e89e6-1500-751e-977a-be1e4dc9a22e_terseLabel_en-US" xlink:label="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term share ownership plans (in shares)</link:label>
    <link:label id="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares_label_en-US" xlink:label="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">In Period Impact of Long-Term Share Ownership Plans on Outstanding Shares</link:label>
    <link:label id="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares_documentation_en-US" xlink:label="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">In Period Impact of Long-Term Share Ownership Plans on Outstanding Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares" xlink:href="bn-20260630.xsd#bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares" xlink:to="lab_bn_InPeriodImpactofLongTermShareOwnershipPlansonOutstandingShares" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_019e89e6-1500-7212-966f-afa30c4bb58d_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromIssuingShares_019e89e6-13c4-7d29-97a1-d7f9eef104c3_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common shares issued</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromIssuingShares_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from issuing shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromIssuingShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromIssuingShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromIssuingShares" xlink:to="lab_ifrs-full_ProceedsFromIssuingShares" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ClassOfStocksAxis_019e89e6-1474-7bc3-b15d-00cf70316634_terseLabel_en-US" xlink:label="lab_bn_ClassOfStocksAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_bn_ClassOfStocksAxis_label_en-US" xlink:label="lab_bn_ClassOfStocksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stocks [Axis]</link:label>
    <link:label id="lab_bn_ClassOfStocksAxis_documentation_en-US" xlink:label="lab_bn_ClassOfStocksAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ClassOfStocksAxis" xlink:href="bn-20260630.xsd#bn_ClassOfStocksAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ClassOfStocksAxis" xlink:to="lab_bn_ClassOfStocksAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_019e89e6-13c4-736f-ae09-4a4c4c7bff1f_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less than 1 year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_EuropeMember_019e89e6-1474-7a17-83c3-f08cd94ec251_terseLabel_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Europe</link:label>
    <link:label id="lab_srt_EuropeMember_019e89e6-1474-7c30-94d7-1c67a0638b9c_verboseLabel_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Europe</link:label>
    <link:label id="lab_srt_EuropeMember_label_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Europe [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_EuropeMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_EuropeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EuropeMember" xlink:to="lab_srt_EuropeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_019e89e6-1474-7a1f-96db-f0587f55716d_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on hedges of net investments in foreign operations, before tax</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on hedges of net investments in foreign operations, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PlantandequipmentMember_019e89e6-1474-74c2-a57c-224ea2b0afeb_terseLabel_en-US" xlink:label="lab_bn_PlantandequipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plant and equipment [Member]</link:label>
    <link:label id="lab_bn_PlantandequipmentMember_label_en-US" xlink:label="lab_bn_PlantandequipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plant and equipment [Member]</link:label>
    <link:label id="lab_bn_PlantandequipmentMember_documentation_en-US" xlink:label="lab_bn_PlantandequipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Plant and equipment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PlantandequipmentMember" xlink:href="bn-20260630.xsd#bn_PlantandequipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PlantandequipmentMember" xlink:to="lab_bn_PlantandequipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series34ClassAPreferredSharesMember_019e89e6-1474-7aa8-91fb-79a3dc2312d8_terseLabel_en-US" xlink:label="lab_bn_Series34ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 34 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series34ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series34ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 34 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series34ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series34ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 34 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series34ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series34ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series34ClassAPreferredSharesMember" xlink:to="lab_bn_Series34ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OwnershipInterestHeldbyNonControllingInterest_019e89e6-1500-70c9-9bd5-4744ad56181f_terseLabel_en-US" xlink:label="lab_bn_OwnershipInterestHeldbyNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership Interest Held by Non-Controlling Interest</link:label>
    <link:label id="lab_bn_OwnershipInterestHeldbyNonControllingInterest_label_en-US" xlink:label="lab_bn_OwnershipInterestHeldbyNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership Interest Held by Non-Controlling Interest</link:label>
    <link:label id="lab_bn_OwnershipInterestHeldbyNonControllingInterest_documentation_en-US" xlink:label="lab_bn_OwnershipInterestHeldbyNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ownership Interest Held by Non-Controlling Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OwnershipInterestHeldbyNonControllingInterest" xlink:href="bn-20260630.xsd#bn_OwnershipInterestHeldbyNonControllingInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OwnershipInterestHeldbyNonControllingInterest" xlink:to="lab_bn_OwnershipInterestHeldbyNonControllingInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_019e89e6-1474-75f0-acc2-0b4d5a1be2b9_terseLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_019e89e6-1474-71a8-9424-71dd9c730e6b_verboseLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identifiable intangible assets recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_019e89e6-1500-7295-b098-ae34c4d1237f_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Through Profit or Loss</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LongtermBorrowings_019e89e6-1474-74b0-9a47-7b896d47ede5_verboseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current portion of corporate borrowings</link:label>
    <link:label id="lab_ifrs-full_LongtermBorrowings_label_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowings" xlink:to="lab_ifrs-full_LongtermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_019e89e6-158c-75fc-8d31-e4b50eada2a5_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Purchases of) proceeds from residential inventory</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems_019e89e6-1474-7af4-a482-79ac58862e4b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_019e89e6-1474-7d5c-8502-026817e8a382_verboseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_019e89e6-1474-7997-a4ad-b80c257a686f_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [member]</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_019e89e6-158d-7b45-a2ce-f8dd13a2b966_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for property, plant and equipment [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_019e89e6-1474-74f0-9aed-ad0805a97c76_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consideration transferred, acquisition-date fair value</link:label>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_019e89e6-1474-72af-8372-b7e43150961f_verboseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Consideration</link:label>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_label_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consideration transferred, acquisition-date fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_019e89e6-1474-71e1-83f1-f8b1571ddc36_terseLabel_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_label_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:to="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_019e89e6-13c4-7476-9b46-d735f473a7b7_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate borrowings arranged</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from borrowings, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_019e89e6-1500-7f6d-b654-8828a5a08c96_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distributions (less than) in excess of equity accounted earnings</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for undistributed profits of investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation_019e89e6-1500-745a-b628-95cc54fcbe77_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revaluation of property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, gains (losses) on revaluation of property, plant and equipment, right-of-use assets and intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRevaluation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_019e89e6-1500-7471-b887-373407a7cd79_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACQUISITIONS OF CONSOLIDATED ENTITIES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_019e89e6-13c4-72b9-bbe7-0c9f95e5e8d3_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WindEnergyMember_019e89e6-13c4-76d7-9e0a-0e1864e7bed8_terseLabel_en-US" xlink:label="lab_bn_WindEnergyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wind Energy, Solar and Other</link:label>
    <link:label id="lab_bn_WindEnergyMember_label_en-US" xlink:label="lab_bn_WindEnergyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wind Energy [Member]</link:label>
    <link:label id="lab_bn_WindEnergyMember_documentation_en-US" xlink:label="lab_bn_WindEnergyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Wind Energy [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WindEnergyMember" xlink:href="bn-20260630.xsd#bn_WindEnergyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WindEnergyMember" xlink:to="lab_bn_WindEnergyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_019e89e6-1500-7973-be48-4499d4418dba_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BPGMember_019e89e6-1500-70da-9aae-8d503a0e4c32_terseLabel_en-US" xlink:label="lab_bn_BPGMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BPG [Member]</link:label>
    <link:label id="lab_bn_BPGMember_label_en-US" xlink:label="lab_bn_BPGMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BPG [Member]</link:label>
    <link:label id="lab_bn_BPGMember_documentation_en-US" xlink:label="lab_bn_BPGMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BPG</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BPGMember" xlink:href="bn-20260630.xsd#bn_BPGMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BPGMember" xlink:to="lab_bn_BPGMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_019e89e6-158d-7bd1-bf55-bfdc5ddfb578_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ManagementCommentaryExplanatoryAbstract_019e89e6-1500-7093-aa40-98421699fa56_terseLabel_en-US" xlink:label="lab_bn_ManagementCommentaryExplanatoryAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management Commentary Explanatory [Abstract]</link:label>
    <link:label id="lab_bn_ManagementCommentaryExplanatoryAbstract_label_en-US" xlink:label="lab_bn_ManagementCommentaryExplanatoryAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Commentary Explanatory [Abstract]</link:label>
    <link:label id="lab_bn_ManagementCommentaryExplanatoryAbstract_documentation_en-US" xlink:label="lab_bn_ManagementCommentaryExplanatoryAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Management Commentary Explanatory [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ManagementCommentaryExplanatoryAbstract" xlink:href="bn-20260630.xsd#bn_ManagementCommentaryExplanatoryAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ManagementCommentaryExplanatoryAbstract" xlink:to="lab_bn_ManagementCommentaryExplanatoryAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementAxis_019e89e6-1474-7c88-82ca-1b9975434f4f_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_MeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementAxis" xlink:to="lab_ifrs-full_MeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_019e89e6-158c-7666-86c4-34612a05b3ba_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends recognised as distributions to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_019e89e6-158c-7a26-8308-b03b03b6d6e4_totalLabel_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Common shares and common share equivalents</link:label>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustedWeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:to="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_019e89e6-1500-7193-abb1-9006d297d544_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross amounts of financial instruments before netting</link:label>
    <link:label id="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_label_en-US" xlink:label="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FloatingInterestRateMember_019e89e6-13c4-7e95-810d-8fff0525efec_terseLabel_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Floating rate</link:label>
    <link:label id="lab_ifrs-full_FloatingInterestRateMember_019e89e6-13c4-7959-ad87-7e748c70d50c_verboseLabel_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Floating rate</link:label>
    <link:label id="lab_ifrs-full_FloatingInterestRateMember_label_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Floating interest rate [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FloatingInterestRateMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FloatingInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FloatingInterestRateMember" xlink:to="lab_ifrs-full_FloatingInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LoansAndReceivablesCategoryMember_019e89e6-1500-7481-ba36-7d37218ed7c8_verboseLabel_en-US" xlink:label="lab_ifrs-full_LoansAndReceivablesCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans and notes receivables</link:label>
    <link:label id="lab_ifrs-full_LoansAndReceivablesCategoryMember_label_en-US" xlink:label="lab_ifrs-full_LoansAndReceivablesCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and receivables, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LoansAndReceivablesCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LoansAndReceivablesCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoansAndReceivablesCategoryMember" xlink:to="lab_ifrs-full_LoansAndReceivablesCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain_019e89e6-1474-7350-8205-690bb469ed27_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SummitDigiTelMember_019e89e6-1500-719f-aa26-95208971ef63_terseLabel_en-US" xlink:label="lab_bn_SummitDigiTelMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summit DigiTel</link:label>
    <link:label id="lab_bn_SummitDigiTelMember_label_en-US" xlink:label="lab_bn_SummitDigiTelMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summit DigiTel [Member]</link:label>
    <link:label id="lab_bn_SummitDigiTelMember_documentation_en-US" xlink:label="lab_bn_SummitDigiTelMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Summit DigiTel</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SummitDigiTelMember" xlink:href="bn-20260630.xsd#bn_SummitDigiTelMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SummitDigiTelMember" xlink:to="lab_bn_SummitDigiTelMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrazilianwaterandwastewaterservicesMember_019e89e6-1500-7214-82bb-35e88e4c3d38_terseLabel_en-US" xlink:label="lab_bn_BrazilianwaterandwastewaterservicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazilian water and wastewater services [Member]</link:label>
    <link:label id="lab_bn_BrazilianwaterandwastewaterservicesMember_label_en-US" xlink:label="lab_bn_BrazilianwaterandwastewaterservicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brazilian water and wastewater services [Member]</link:label>
    <link:label id="lab_bn_BrazilianwaterandwastewaterservicesMember_documentation_en-US" xlink:label="lab_bn_BrazilianwaterandwastewaterservicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brazilian water and wastewater services [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrazilianwaterandwastewaterservicesMember" xlink:href="bn-20260630.xsd#bn_BrazilianwaterandwastewaterservicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrazilianwaterandwastewaterservicesMember" xlink:to="lab_bn_BrazilianwaterandwastewaterservicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable_019e89e6-13c4-7362-bdf4-4aa427cadee5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock_019e89e6-1500-744f-8e6e-e596afa18367_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of assets and liabilities classified as held-for-sale</link:label>
    <link:label id="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock_label_en-US" xlink:label="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Assets And Liabilities Classified As Held-For-Sale [Table Text Block]</link:label>
    <link:label id="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of assets classified As held-for-sale and liabilities associated with assets classified as held-for-sale [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock" xlink:to="lab_bn_DisclosureOfAssetsAndLiabilitiesClassifiedAsHeldForSaleTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TransportMember_019e89e6-1500-7820-9fb8-11b78c5845fb_terseLabel_en-US" xlink:label="lab_bn_TransportMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transport</link:label>
    <link:label id="lab_bn_TransportMember_label_en-US" xlink:label="lab_bn_TransportMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transport [Member]</link:label>
    <link:label id="lab_bn_TransportMember_documentation_en-US" xlink:label="lab_bn_TransportMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transport [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TransportMember" xlink:href="bn-20260630.xsd#bn_TransportMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TransportMember" xlink:to="lab_bn_TransportMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series25ClassAPreferredSharesMember_019e89e6-1500-766c-95b3-c4c641fdbafb_terseLabel_en-US" xlink:label="lab_bn_Series25ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 25 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series25ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series25ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 25 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series25ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series25ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 25 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series25ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series25ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series25ClassAPreferredSharesMember" xlink:to="lab_bn_Series25ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory_019e89e6-158c-7152-b721-8a2a14b6f2c4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets and financial liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets and financial liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NuclearPowerGenerationMember_019e89e6-1500-7df8-9e9c-89e237e56098_terseLabel_en-US" xlink:label="lab_bn_NuclearPowerGenerationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nuclear Power Generation</link:label>
    <link:label id="lab_bn_NuclearPowerGenerationMember_label_en-US" xlink:label="lab_bn_NuclearPowerGenerationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nuclear Power Generation [Member]</link:label>
    <link:label id="lab_bn_NuclearPowerGenerationMember_documentation_en-US" xlink:label="lab_bn_NuclearPowerGenerationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nuclear Power Generation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NuclearPowerGenerationMember" xlink:href="bn-20260630.xsd#bn_NuclearPowerGenerationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NuclearPowerGenerationMember" xlink:to="lab_bn_NuclearPowerGenerationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OaktreeCapitalManagementL.P.Member_019ff159-e395-7f4c-835c-72254766641c_terseLabel_en-US" xlink:label="lab_bn_OaktreeCapitalManagementL.P.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Oaktree Capital Management, L.P.</link:label>
    <link:label id="lab_bn_OaktreeCapitalManagementL.P.Member_label_en-US" xlink:label="lab_bn_OaktreeCapitalManagementL.P.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Oaktree Capital Management, L.P. [Member]</link:label>
    <link:label id="lab_bn_OaktreeCapitalManagementL.P.Member_documentation_en-US" xlink:label="lab_bn_OaktreeCapitalManagementL.P.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Oaktree Capital Management, L.P.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OaktreeCapitalManagementL.P.Member" xlink:href="bn-20260630.xsd#bn_OaktreeCapitalManagementL.P.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OaktreeCapitalManagementL.P.Member" xlink:to="lab_bn_OaktreeCapitalManagementL.P.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty_019e89e6-1500-7c1e-9a7f-b300a6432b95_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, investment property</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PreferenceSharesSeries51Member_019e89e6-1500-7e22-9ade-63048126c754_terseLabel_en-US" xlink:label="lab_bn_PreferenceSharesSeries51Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preference shares, series 51 [Member]</link:label>
    <link:label id="lab_bn_PreferenceSharesSeries51Member_label_en-US" xlink:label="lab_bn_PreferenceSharesSeries51Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preference shares, series 51 [Member]</link:label>
    <link:label id="lab_bn_PreferenceSharesSeries51Member_documentation_en-US" xlink:label="lab_bn_PreferenceSharesSeries51Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preference shares, series 51</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PreferenceSharesSeries51Member" xlink:href="bn-20260630.xsd#bn_PreferenceSharesSeries51Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PreferenceSharesSeries51Member" xlink:to="lab_bn_PreferenceSharesSeries51Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsAxis_019e89e6-1500-72e3-abb0-cb41ba5ae6a2_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment consolidation items [axis]</link:label>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment consolidation items [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentConsolidationItemsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentConsolidationItemsAxis" xlink:to="lab_ifrs-full_SegmentConsolidationItemsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WaterandsewageconcessionagreementsMember_019e89e6-13c4-74e0-bfaa-d4e28822d1fe_terseLabel_en-US" xlink:label="lab_bn_WaterandsewageconcessionagreementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Water and sewage concession agreements [Member]</link:label>
    <link:label id="lab_bn_WaterandsewageconcessionagreementsMember_label_en-US" xlink:label="lab_bn_WaterandsewageconcessionagreementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Water and sewage concession agreements [Member]</link:label>
    <link:label id="lab_bn_WaterandsewageconcessionagreementsMember_documentation_en-US" xlink:label="lab_bn_WaterandsewageconcessionagreementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Water and sewage concession agreements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WaterandsewageconcessionagreementsMember" xlink:href="bn-20260630.xsd#bn_WaterandsewageconcessionagreementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WaterandsewageconcessionagreementsMember" xlink:to="lab_bn_WaterandsewageconcessionagreementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock_019e89e6-158c-70fe-a0e2-040dfa6e5d7a_terseLabel_en-US" xlink:label="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CURRENT AND NON-CURRENT PORTION OF ACCOUNT BALANCES</link:label>
    <link:label id="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock_label_en-US" xlink:label="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Current and Non-current Assets and Liabilities [Text Block]</link:label>
    <link:label id="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock_documentation_en-US" xlink:label="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Current and Non-current Assets and Liabilities [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock" xlink:href="bn-20260630.xsd#bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock" xlink:to="lab_bn_DisclosureofCurrentandNoncurrentAssetsandLiabilitiesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EliminationMember_019e89e6-1500-79b1-9daa-349b0255147b_terseLabel_en-US" xlink:label="lab_bn_EliminationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Elimination</link:label>
    <link:label id="lab_bn_EliminationMember_label_en-US" xlink:label="lab_bn_EliminationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Elimination [Member]</link:label>
    <link:label id="lab_bn_EliminationMember_documentation_en-US" xlink:label="lab_bn_EliminationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Elimination</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EliminationMember" xlink:href="bn-20260630.xsd#bn_EliminationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EliminationMember" xlink:to="lab_bn_EliminationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_019e89e6-1500-7fa7-a180-475974d9268b_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_019e89e6-1500-797b-9ed3-9304ba6de7f1_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PrivateEquityandOtherMember_019e89e6-1474-720d-8f43-5d9c9b4164de_terseLabel_en-US" xlink:label="lab_bn_PrivateEquityandOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private Equity and Other [Member]</link:label>
    <link:label id="lab_bn_PrivateEquityandOtherMember_label_en-US" xlink:label="lab_bn_PrivateEquityandOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Equity and Other [Member]</link:label>
    <link:label id="lab_bn_PrivateEquityandOtherMember_documentation_en-US" xlink:label="lab_bn_PrivateEquityandOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Equity and Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PrivateEquityandOtherMember" xlink:href="bn-20260630.xsd#bn_PrivateEquityandOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PrivateEquityandOtherMember" xlink:to="lab_bn_PrivateEquityandOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAbstract_019e89e6-1500-7eeb-bfcc-0c2f2b38b616_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity [abstract]</link:label>
    <link:label id="lab_ifrs-full_EquityAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAbstract" xlink:to="lab_ifrs-full_EquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_019e89e6-158d-70d5-b688-42edb5bd3998_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract_019e89e6-13c4-7d3d-ab1c-8daceb6cb0aa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract_019e89e6-1500-74ce-85fd-a3abec1bcc1b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A600345UnsecuredNotesDue2050Member_019e89e6-1500-74a1-8c58-f98a2c3d52bb_terseLabel_en-US" xlink:label="lab_bn_A600345UnsecuredNotesDue2050Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$600 3.45% Unsecured Notes Due 2050</link:label>
    <link:label id="lab_bn_A600345UnsecuredNotesDue2050Member_label_en-US" xlink:label="lab_bn_A600345UnsecuredNotesDue2050Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$600 3.45% Unsecured Notes Due 2050 [Member]</link:label>
    <link:label id="lab_bn_A600345UnsecuredNotesDue2050Member_documentation_en-US" xlink:label="lab_bn_A600345UnsecuredNotesDue2050Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2050 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A600345UnsecuredNotesDue2050Member" xlink:href="bn-20260630.xsd#bn_A600345UnsecuredNotesDue2050Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A600345UnsecuredNotesDue2050Member" xlink:to="lab_bn_A600345UnsecuredNotesDue2050Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_019e89e6-1474-7ced-869d-25ed5158ba6c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract_019e89e6-1500-7c83-8f94-46d4c667839e_terseLabel_en-US" xlink:label="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subclassifications of assets, liabilities and equities [abstract]</link:label>
    <link:label id="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subclassifications of assets, liabilities and equities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:to="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares_019e89e6-1474-7e7e-9167-83a969b7a71e_terseLabel_en-US" xlink:label="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend reinvestment plan and others (in shares)</link:label>
    <link:label id="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares_label_en-US" xlink:label="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">In Period Impact of Dividend Reinvestment Plan and Others on Outstanding Shares</link:label>
    <link:label id="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares_documentation_en-US" xlink:label="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">In Period Impact of Dividend Reinvestment Plan and Others on Outstanding Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares" xlink:href="bn-20260630.xsd#bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares" xlink:to="lab_bn_InPeriodImpactofDividendReinvestmentPlanandOthersonOutstandingShares" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SuperCoreRealEstateMember_019e89e6-158c-7ed6-a178-e53dc17a1c2b_terseLabel_en-US" xlink:label="lab_bn_SuperCoreRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Super Core</link:label>
    <link:label id="lab_bn_SuperCoreRealEstateMember_label_en-US" xlink:label="lab_bn_SuperCoreRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Super Core Real Estate [Member]</link:label>
    <link:label id="lab_bn_SuperCoreRealEstateMember_documentation_en-US" xlink:label="lab_bn_SuperCoreRealEstateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Super Core [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SuperCoreRealEstateMember" xlink:href="bn-20260630.xsd#bn_SuperCoreRealEstateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SuperCoreRealEstateMember" xlink:to="lab_bn_SuperCoreRealEstateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted_019e89e6-1474-731f-adf5-a27ef499610f_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value of a unit</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average fair value at measurement date, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:to="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain_019e89e6-1500-7171-a178-84286c84bbe4_terseLabel_en-US" xlink:label="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ranges of exercise prices for outstanding share options [domain]</link:label>
    <link:label id="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain_label_en-US" xlink:label="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ranges of exercise prices for outstanding share options [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain" xlink:to="lab_ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember_019e89e6-1474-7936-86b7-4d9dab6c9553_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities classified as held for sale</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities classified as held for sale [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_019e89e6-1474-7509-bb33-7ce06fb0333c_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, revalued assets, at cost</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, revalued assets, at cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract_019e89e6-1474-7127-9a33-4c788ff1cf64_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items that may be reclassified to net income</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will be reclassified to profit or loss, before tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ArlingtonMember_019e89e6-13c4-7a05-96f8-154a546b431d_terseLabel_en-US" xlink:label="lab_bn_ArlingtonMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Arlington</link:label>
    <link:label id="lab_bn_ArlingtonMember_label_en-US" xlink:label="lab_bn_ArlingtonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arlington [Member]</link:label>
    <link:label id="lab_bn_ArlingtonMember_documentation_en-US" xlink:label="lab_bn_ArlingtonMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Arlington</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ArlingtonMember" xlink:href="bn-20260630.xsd#bn_ArlingtonMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ArlingtonMember" xlink:to="lab_bn_ArlingtonMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember_019e89e6-1474-7f8f-b8ae-0dbfa07c2419_terseLabel_en-US" xlink:label="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Later Than Eleven Years And Not Later Than Twenty Years</link:label>
    <link:label id="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember_label_en-US" xlink:label="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than Ten Years And Not Later Than Twenty Years [Member]</link:label>
    <link:label id="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember_documentation_en-US" xlink:label="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later Than Ten Years And Not Later Than Twenty Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember" xlink:href="bn-20260630.xsd#bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember" xlink:to="lab_bn_LaterThanTenYearsAndNotLaterThanTwentyYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_019e89e6-1500-79a3-8d34-2975c0875674_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_019e89e6-158d-75c3-bde2-f37bf59faf96_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Elected for hedge accounting</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through other comprehensive income, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MarketApproachMember_019e89e6-1474-7e55-a3d2-e96bbd5a4ee4_terseLabel_en-US" xlink:label="lab_ifrs-full_MarketApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market approach</link:label>
    <link:label id="lab_ifrs-full_MarketApproachMember_label_en-US" xlink:label="lab_ifrs-full_MarketApproachMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market approach [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MarketApproachMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MarketApproachMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MarketApproachMember" xlink:to="lab_ifrs-full_MarketApproachMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_IcfrAuditorAttestationFlag_019e89e6-13c4-7ad9-a3cf-011d00503f4a_terseLabel_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:label id="lab_dei_IcfrAuditorAttestationFlag_label_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_IcfrAuditorAttestationFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_IcfrAuditorAttestationFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_IcfrAuditorAttestationFlag" xlink:to="lab_dei_IcfrAuditorAttestationFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory_019e89e6-1500-7c17-925d-02f27ab91455_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of liabilities [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement_019e89e6-13c4-771c-b01f-59fda0b093fc_terseLabel_en-US" xlink:label="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Exercise Price Of Share Options Exercised And Cancelled (in dollars per share)</link:label>
    <link:label id="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Exercise Price Of Share Options Exercised And Cancelled In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted Average Exercise Price Of Share Options Exercised And Cancelled In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:to="lab_bn_WeightedAverageExercisePriceOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted_019e89e6-1474-7821-8f93-dfadb280c11b_terseLabel_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement by Share-based Payment Award, Number of Shares Granted</link:label>
    <link:label id="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted_label_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement by Share-based Payment Award, Number of Shares Granted</link:label>
    <link:label id="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted_documentation_en-US" xlink:label="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-Based Compensation Arrangement by Share-based Payment Award, Number of Shares Granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted" xlink:href="bn-20260630.xsd#bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted" xlink:to="lab_bn_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems_019e89e6-13c4-7f32-bade-cad58f3214eb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of offsetting of financial assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOffsettingOfFinancialAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorFirmId_019e89e6-13c4-782a-8f22-3dbeacb76691_terseLabel_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:label id="lab_dei_AuditorFirmId_label_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorFirmId" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorFirmId" xlink:to="lab_dei_AuditorFirmId" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_UnrealizedFVTOCIGainOrLossDomain_019e89e6-1474-7f7e-af4b-2f3984e2b462_terseLabel_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainOrLossDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized Available-for-Sale Gain</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCIGainOrLossDomain_label_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainOrLossDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Gain or Loss [Domain]</link:label>
    <link:label id="lab_bn_UnrealizedFVTOCIGainOrLossDomain_documentation_en-US" xlink:label="lab_bn_UnrealizedFVTOCIGainOrLossDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealized FVTOCI Gain or Loss [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_UnrealizedFVTOCIGainOrLossDomain" xlink:href="bn-20260630.xsd#bn_UnrealizedFVTOCIGainOrLossDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_UnrealizedFVTOCIGainOrLossDomain" xlink:to="lab_bn_UnrealizedFVTOCIGainOrLossDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SharePremiumMember_019e89e6-1474-74a2-b169-10e6b554077c_terseLabel_en-US" xlink:label="lab_ifrs-full_SharePremiumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributed Surplus</link:label>
    <link:label id="lab_ifrs-full_SharePremiumMember_label_en-US" xlink:label="lab_ifrs-full_SharePremiumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share premium [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SharePremiumMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SharePremiumMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SharePremiumMember" xlink:to="lab_ifrs-full_SharePremiumMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_019e89e6-13c4-7d1a-8bd6-509fc82d021d_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity accounted investments</link:label>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:to="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NorthAmericanResidentialMember_019e89e6-1474-7dc9-a508-8226663b619c_terseLabel_en-US" xlink:label="lab_bn_NorthAmericanResidentialMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North American Residential (Member)</link:label>
    <link:label id="lab_bn_NorthAmericanResidentialMember_label_en-US" xlink:label="lab_bn_NorthAmericanResidentialMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">North American Residential [Member]</link:label>
    <link:label id="lab_bn_NorthAmericanResidentialMember_documentation_en-US" xlink:label="lab_bn_NorthAmericanResidentialMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">North American Residential</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NorthAmericanResidentialMember" xlink:href="bn-20260630.xsd#bn_NorthAmericanResidentialMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NorthAmericanResidentialMember" xlink:to="lab_bn_NorthAmericanResidentialMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SubsidiaryEquityObligations_019e89e6-13c4-7be4-a0d9-86fecc816a3e_terseLabel_en-US" xlink:label="lab_bn_SubsidiaryEquityObligations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary equity obligations</link:label>
    <link:label id="lab_bn_SubsidiaryEquityObligations_019e89e6-13c4-7a23-aff0-e4b582d99e69_negatedTerseLabel_en-US" xlink:label="lab_bn_SubsidiaryEquityObligations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary equity obligations</link:label>
    <link:label id="lab_bn_SubsidiaryEquityObligations_label_en-US" xlink:label="lab_bn_SubsidiaryEquityObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary Equity Obligations</link:label>
    <link:label id="lab_bn_SubsidiaryEquityObligations_documentation_en-US" xlink:label="lab_bn_SubsidiaryEquityObligations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiary Equity Obligations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SubsidiaryEquityObligations" xlink:href="bn-20260630.xsd#bn_SubsidiaryEquityObligations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SubsidiaryEquityObligations" xlink:to="lab_bn_SubsidiaryEquityObligations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_019e89e6-1500-7bb5-8086-1bdbd2b95f47_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income (loss)</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_019e89e6-1500-7f15-ade1-ee0fbb514696_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to owners of parent</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities_019e89e6-1500-7ac6-8af6-aa4bd1375c06_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets pledged as collateral for liabilities or contingent liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets pledged as collateral for liabilities or contingent liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:to="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceIncVMember_019ff176-66b4-7869-81ad-4b2b6b0b24b8_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceIncVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc V</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIncVMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceIncVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc V [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceIncVMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceIncVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance Inc V</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceIncVMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceIncVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceIncVMember" xlink:to="lab_bn_BrookfieldFinanceIncVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock_019e89e6-158c-7f90-88d1-b58ac72d2fed_terseLabel_en-US" xlink:label="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for subsidiary equity obligations [Text Block]</link:label>
    <link:label id="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock_label_en-US" xlink:label="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policy for Subsidiary Equity Obligations Explanatory [Policy Text Block]</link:label>
    <link:label id="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock_documentation_en-US" xlink:label="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounting Policy for Subsidiary Equity Obligations Explanatory [Policy Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock" xlink:href="bn-20260630.xsd#bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock" xlink:to="lab_bn_AccountingPolicyforSubsidiaryEquityObligationsExplanatoryPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Liabilities_019e89e6-13c4-71b9-9413-c215b9d9396b_terseLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DealerSoftwareAndTechnologyServicesMember_019e89e6-1474-7a72-a275-ac9b796077eb_terseLabel_en-US" xlink:label="lab_bn_DealerSoftwareAndTechnologyServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dealer software and technology services</link:label>
    <link:label id="lab_bn_DealerSoftwareAndTechnologyServicesMember_label_en-US" xlink:label="lab_bn_DealerSoftwareAndTechnologyServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dealer software and technology services [Member]</link:label>
    <link:label id="lab_bn_DealerSoftwareAndTechnologyServicesMember_documentation_en-US" xlink:label="lab_bn_DealerSoftwareAndTechnologyServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dealer software and technology services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DealerSoftwareAndTechnologyServicesMember" xlink:href="bn-20260630.xsd#bn_DealerSoftwareAndTechnologyServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DealerSoftwareAndTechnologyServicesMember" xlink:to="lab_bn_DealerSoftwareAndTechnologyServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_019e89e6-13c4-7952-8fc1-075a344cb4c9_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents classified as part of disposal group held for sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:to="lab_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CapitalManagementDomain_019e89e6-1474-722f-b433-0e2dbfeec7f1_terseLabel_en-US" xlink:label="lab_bn_CapitalManagementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Management [Domain]</link:label>
    <link:label id="lab_bn_CapitalManagementDomain_label_en-US" xlink:label="lab_bn_CapitalManagementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Management [Domain]</link:label>
    <link:label id="lab_bn_CapitalManagementDomain_documentation_en-US" xlink:label="lab_bn_CapitalManagementDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Management</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CapitalManagementDomain" xlink:href="bn-20260630.xsd#bn_CapitalManagementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CapitalManagementDomain" xlink:to="lab_bn_CapitalManagementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CategoryofAssetsAxis_019e89e6-158c-7ddd-8b2f-3fb77a6e3103_terseLabel_en-US" xlink:label="lab_bn_CategoryofAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Category of Assets [Axis]</link:label>
    <link:label id="lab_bn_CategoryofAssetsAxis_label_en-US" xlink:label="lab_bn_CategoryofAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Category of Assets [Axis]</link:label>
    <link:label id="lab_bn_CategoryofAssetsAxis_documentation_en-US" xlink:label="lab_bn_CategoryofAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Category of Assets [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CategoryofAssetsAxis" xlink:href="bn-20260630.xsd#bn_CategoryofAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CategoryofAssetsAxis" xlink:to="lab_bn_CategoryofAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsOnDisposalsOfInvestments_019e89e6-1500-7dc0-b54d-452884062169_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains on disposals of investments</link:label>
    <link:label id="lab_ifrs-full_GainsOnDisposalsOfInvestments_label_en-US" xlink:label="lab_ifrs-full_GainsOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains on disposals of investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsOnDisposalsOfInvestments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsOnDisposalsOfInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsOnDisposalsOfInvestments" xlink:to="lab_ifrs-full_GainsOnDisposalsOfInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock_019e89e6-158c-72bb-b514-31145ea0800d_terseLabel_en-US" xlink:label="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investments in joint operations [Text Block]</link:label>
    <link:label id="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock_label_en-US" xlink:label="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investments in joint operations [Text Block]</link:label>
    <link:label id="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock_documentation_en-US" xlink:label="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investments in joint operations [Policy Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock" xlink:href="bn-20260630.xsd#bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock" xlink:to="lab_bn_DescriptionofaccountingpolicyforinvestmentsinjointoperationsTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentProperty_019e89e6-13c4-702a-89cd-724d71ca5bc7_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment properties</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:to="lab_ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_019e89e6-1500-7bb5-9d22-24b85a7f1eed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LandimprovementsMember_019e89e6-1500-737e-ac7c-663773781a6e_terseLabel_en-US" xlink:label="lab_bn_LandimprovementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land improvements [Member]</link:label>
    <link:label id="lab_bn_LandimprovementsMember_label_en-US" xlink:label="lab_bn_LandimprovementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land improvements [Member]</link:label>
    <link:label id="lab_bn_LandimprovementsMember_documentation_en-US" xlink:label="lab_bn_LandimprovementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land improvements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LandimprovementsMember" xlink:href="bn-20260630.xsd#bn_LandimprovementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LandimprovementsMember" xlink:to="lab_bn_LandimprovementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldRenewablePartnersL.P.Member_019e89e6-1474-7938-af9e-1f6f24c3e7f1_terseLabel_en-US" xlink:label="lab_bn_BrookfieldRenewablePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Renewable Partners L.P. (&#8220;BEP&#8221;)5</link:label>
    <link:label id="lab_bn_BrookfieldRenewablePartnersL.P.Member_019e89e6-1474-7ddc-baca-5d63b17e2c8b_verboseLabel_en-US" xlink:label="lab_bn_BrookfieldRenewablePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">BEP</link:label>
    <link:label id="lab_bn_BrookfieldRenewablePartnersL.P.Member_label_en-US" xlink:label="lab_bn_BrookfieldRenewablePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Renewable Partners L.P. [Member]</link:label>
    <link:label id="lab_bn_BrookfieldRenewablePartnersL.P.Member_documentation_en-US" xlink:label="lab_bn_BrookfieldRenewablePartnersL.P.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Renewable Partners L.P. ("BEP")</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldRenewablePartnersL.P.Member" xlink:href="bn-20260630.xsd#bn_BrookfieldRenewablePartnersL.P.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldRenewablePartnersL.P.Member" xlink:to="lab_bn_BrookfieldRenewablePartnersL.P.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Currentliabilitiesofassociateorjointventure_019e89e6-13c4-789b-9c63-8b422ea1c6af_terseLabel_en-US" xlink:label="lab_bn_Currentliabilitiesofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:label id="lab_bn_Currentliabilitiesofassociateorjointventure_label_en-US" xlink:label="lab_bn_Currentliabilitiesofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities of associate or joint venture</link:label>
    <link:label id="lab_bn_Currentliabilitiesofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_Currentliabilitiesofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current liabilities of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Currentliabilitiesofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_Currentliabilitiesofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Currentliabilitiesofassociateorjointventure" xlink:to="lab_bn_Currentliabilitiesofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_019e89e6-1500-7ffb-bc93-ad4ab58baaae_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_019e89e6-1500-7475-a6ad-7b7269c5d3da_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other payables recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_019e89e6-1474-7648-8782-453219bd6471_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for intangible assets other than goodwill [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for intangible assets other than goodwill [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A250Million5.399UnsecuredNotesDue2055Member_019ff0e7-de92-78dd-b1ec-656dd4fc657e_terseLabel_en-US" xlink:label="lab_bn_A250Million5.399UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$250 million 5.399% Unsecured Notes Due 2055</link:label>
    <link:label id="lab_bn_A250Million5.399UnsecuredNotesDue2055Member_label_en-US" xlink:label="lab_bn_A250Million5.399UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$250 million 5.399% Unsecured Notes Due 2055 [Member]</link:label>
    <link:label id="lab_bn_A250Million5.399UnsecuredNotesDue2055Member_documentation_en-US" xlink:label="lab_bn_A250Million5.399UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$250 million 5.399% Unsecured Notes Due 2055</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A250Million5.399UnsecuredNotesDue2055Member" xlink:href="bn-20260630.xsd#bn_A250Million5.399UnsecuredNotesDue2055Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A250Million5.399UnsecuredNotesDue2055Member" xlink:to="lab_bn_A250Million5.399UnsecuredNotesDue2055Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_019e89e6-1500-798b-9cca-8c82d419d316_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_019e89e6-1474-7367-95ed-516e8678c5cb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FAIR VALUE CHANGES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_019e89e6-1474-7f5e-af27-8cf7b3976ccd_terseLabel_en-US" xlink:label="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retrospective application and retrospective restatement [axis]</link:label>
    <link:label id="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_label_en-US" xlink:label="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retrospective application and retrospective restatement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock_019e89e6-1500-78c6-aa91-cbc067f108c0_terseLabel_en-US" xlink:label="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of Accounting Policy For Capitalized Costs [Policy Text Block]</link:label>
    <link:label id="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock_label_en-US" xlink:label="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of Accounting Policy For Capitalized Costs [Policy Text Block]</link:label>
    <link:label id="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock_documentation_en-US" xlink:label="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of Accounting Policy For Capitalized Costs [Policy Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock" xlink:href="bn-20260630.xsd#bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock" xlink:to="lab_bn_DescriptionofAccountingPolicyForCapitalizedCostsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FixedRateResetMember_019e89e6-13c4-783a-8222-8657504c2a8d_terseLabel_en-US" xlink:label="lab_bn_FixedRateResetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed rate-reset preferred shares</link:label>
    <link:label id="lab_bn_FixedRateResetMember_label_en-US" xlink:label="lab_bn_FixedRateResetMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Rate-Reset [Member]</link:label>
    <link:label id="lab_bn_FixedRateResetMember_documentation_en-US" xlink:label="lab_bn_FixedRateResetMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Rate-Reset [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FixedRateResetMember" xlink:href="bn-20260630.xsd#bn_FixedRateResetMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FixedRateResetMember" xlink:to="lab_bn_FixedRateResetMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A550470UnsecuredNotesDue2047Member_019e89e6-1500-7d18-b56c-e3b72cb62c62_terseLabel_en-US" xlink:label="lab_bn_A550470UnsecuredNotesDue2047Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$550 4.70% Unsecured Notes Due 2047</link:label>
    <link:label id="lab_bn_A550470UnsecuredNotesDue2047Member_label_en-US" xlink:label="lab_bn_A550470UnsecuredNotesDue2047Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$550 4.70% Unsecured Notes Due 2047 [Member]</link:label>
    <link:label id="lab_bn_A550470UnsecuredNotesDue2047Member_documentation_en-US" xlink:label="lab_bn_A550470UnsecuredNotesDue2047Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2047 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A550470UnsecuredNotesDue2047Member" xlink:href="bn-20260630.xsd#bn_A550470UnsecuredNotesDue2047Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A550470UnsecuredNotesDue2047Member" xlink:to="lab_bn_A550470UnsecuredNotesDue2047Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CommonEquityInManagedInvestments_019e89e6-1474-7555-b924-3b647986a85b_terseLabel_en-US" xlink:label="lab_bn_CommonEquityInManagedInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Equity in Managed Investments</link:label>
    <link:label id="lab_bn_CommonEquityInManagedInvestments_label_en-US" xlink:label="lab_bn_CommonEquityInManagedInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity in Managed Investments</link:label>
    <link:label id="lab_bn_CommonEquityInManagedInvestments_documentation_en-US" xlink:label="lab_bn_CommonEquityInManagedInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Equity in Managed Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CommonEquityInManagedInvestments" xlink:href="bn-20260630.xsd#bn_CommonEquityInManagedInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CommonEquityInManagedInvestments" xlink:to="lab_bn_CommonEquityInManagedInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A650Million5.399UnsecuredNotesDue2055Member_019e89e6-1500-7aee-8ed8-bbfd128285e0_terseLabel_en-US" xlink:label="lab_bn_A650Million5.399UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$650 million 5.399% Unsecured Notes Due 2055</link:label>
    <link:label id="lab_bn_A650Million5.399UnsecuredNotesDue2055Member_label_en-US" xlink:label="lab_bn_A650Million5.399UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$650 million 5.399% Unsecured Notes Due 2055 [Member]</link:label>
    <link:label id="lab_bn_A650Million5.399UnsecuredNotesDue2055Member_documentation_en-US" xlink:label="lab_bn_A650Million5.399UnsecuredNotesDue2055Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$650 million 5.399% Unsecured Notes Due 2055 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A650Million5.399UnsecuredNotesDue2055Member" xlink:href="bn-20260630.xsd#bn_A650Million5.399UnsecuredNotesDue2055Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A650Million5.399UnsecuredNotesDue2055Member" xlink:to="lab_bn_A650Million5.399UnsecuredNotesDue2055Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems_019e89e6-13c4-7cd9-a3ce-b1170f7a9c77_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of finance lease payments receivable [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of finance lease payments receivable [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019e89e6-1474-7866-af99-d0815592f358_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019e89e6-1474-7f3d-a577-296ffda41e4f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019e89e6-1474-79f8-902a-64a8c421bccf_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of period</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019e89e6-1474-7b6c-bd30-f605dd6d3556_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of period</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_019e89e6-1500-7176-9493-07f95b951b30_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense arising from equity-settled share-based payment transactions</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from equity-settled share-based payment transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="lab_ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_019e89e6-13c4-7229-9fbe-18c6ba08a880_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_019e89e6-158d-7b3c-9e1d-550fb21b7340_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets classified as held for sale</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets or disposal groups classified as held for sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:to="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PeriodOfFixedDividendRate_019e89e6-13c4-7471-82b8-2633733906b0_terseLabel_en-US" xlink:label="lab_bn_PeriodOfFixedDividendRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period of fixed dividend rate</link:label>
    <link:label id="lab_bn_PeriodOfFixedDividendRate_label_en-US" xlink:label="lab_bn_PeriodOfFixedDividendRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period Of Fixed Dividend Rate</link:label>
    <link:label id="lab_bn_PeriodOfFixedDividendRate_documentation_en-US" xlink:label="lab_bn_PeriodOfFixedDividendRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Period Of Fixed Dividend Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PeriodOfFixedDividendRate" xlink:href="bn-20260630.xsd#bn_PeriodOfFixedDividendRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PeriodOfFixedDividendRate" xlink:to="lab_bn_PeriodOfFixedDividendRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_019e89e6-1474-734f-8b23-7f9dc9bdd653_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WindMember_019e89e6-1500-7f1e-ad5e-5738df22c426_terseLabel_en-US" xlink:label="lab_bn_WindMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wind [Member]</link:label>
    <link:label id="lab_bn_WindMember_label_en-US" xlink:label="lab_bn_WindMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wind [Member]</link:label>
    <link:label id="lab_bn_WindMember_documentation_en-US" xlink:label="lab_bn_WindMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Wind</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WindMember" xlink:href="bn-20260630.xsd#bn_WindMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WindMember" xlink:to="lab_bn_WindMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ChemelexMember_019e89e6-13c4-7628-8e4b-458078d5f692_terseLabel_en-US" xlink:label="lab_bn_ChemelexMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chemelex [Member]</link:label>
    <link:label id="lab_bn_ChemelexMember_label_en-US" xlink:label="lab_bn_ChemelexMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chemelex [Member]</link:label>
    <link:label id="lab_bn_ChemelexMember_documentation_en-US" xlink:label="lab_bn_ChemelexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Chemelex</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ChemelexMember" xlink:href="bn-20260630.xsd#bn_ChemelexMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ChemelexMember" xlink:to="lab_bn_ChemelexMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TopOfRangeMember_019e89e6-1500-7992-b7f5-fb98389c022a_terseLabel_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Top of range</link:label>
    <link:label id="lab_ifrs-full_TopOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Top of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome_019e89e6-1500-721b-afd4-c1adcf28b6c1_terseLabel_en-US" xlink:label="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketable securities</link:label>
    <link:label id="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome_label_en-US" xlink:label="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, marketable securities, may be reclassed to net income</link:label>
    <link:label id="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome_documentation_en-US" xlink:label="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other comprehensive income, marketable securities, may be reclassed to net income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome" xlink:href="bn-20260630.xsd#bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome" xlink:to="lab_bn_Othercomprehensiveincomemarketablesecuritiesmaybereclassedtonetincome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InventoriesTotal_019e89e6-13c4-7c4e-8b7b-fe2969e6428d_terseLabel_en-US" xlink:label="lab_ifrs-full_InventoriesTotal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory</link:label>
    <link:label id="lab_ifrs-full_InventoriesTotal_019e89e6-13c4-7d5c-bb91-28debb5a0790_totalLabel_en-US" xlink:label="lab_ifrs-full_InventoriesTotal" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_InventoriesTotal_label_en-US" xlink:label="lab_ifrs-full_InventoriesTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InventoriesTotal" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoriesTotal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InventoriesTotal" xlink:to="lab_ifrs-full_InventoriesTotal" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DerivaDukeMember_019e89e6-158c-7496-84a8-a9262a3740ff_terseLabel_en-US" xlink:label="lab_bn_DerivaDukeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deriva (Duke) [Member]</link:label>
    <link:label id="lab_bn_DerivaDukeMember_label_en-US" xlink:label="lab_bn_DerivaDukeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deriva (Duke) [Member]</link:label>
    <link:label id="lab_bn_DerivaDukeMember_documentation_en-US" xlink:label="lab_bn_DerivaDukeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deriva (Duke)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DerivaDukeMember" xlink:href="bn-20260630.xsd#bn_DerivaDukeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DerivaDukeMember" xlink:to="lab_bn_DerivaDukeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentAssets_019e89e6-1474-71aa-9239-4e4620473052_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other long-term assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentAssets" xlink:to="lab_ifrs-full_OtherNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Currentassetsofassociateorjointventure_019e89e6-1500-72e7-bd9b-898320c4a15b_terseLabel_en-US" xlink:label="lab_bn_Currentassetsofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:label id="lab_bn_Currentassetsofassociateorjointventure_label_en-US" xlink:label="lab_bn_Currentassetsofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets of associate or joint venture</link:label>
    <link:label id="lab_bn_Currentassetsofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_Currentassetsofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current assets of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Currentassetsofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_Currentassetsofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Currentassetsofassociateorjointventure" xlink:to="lab_bn_Currentassetsofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series51ClassAPreferredSharesMember_019e89e6-13c4-7cf6-ab89-746b791d6511_terseLabel_en-US" xlink:label="lab_bn_Series51ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 51 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series51ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series51ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 51 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series51ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series51ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 51 Class A Preferred Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series51ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series51ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series51ClassAPreferredSharesMember" xlink:to="lab_bn_Series51ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement_019e89e6-158c-7dfe-a196-d13250a2c35e_terseLabel_en-US" xlink:label="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted and reinvested (in shares)</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Share Options Granted And Reinvested In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Share Options Granted And Reinvested In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:to="lab_bn_NumberOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series37ClassAPreferredSharesMember_019e89e6-158c-7d81-baf0-1fab454ffbaa_terseLabel_en-US" xlink:label="lab_bn_Series37ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 37 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series37ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series37ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 37 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series37ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series37ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 37 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series37ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series37ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series37ClassAPreferredSharesMember" xlink:to="lab_bn_Series37ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A6505.33UnsecuredNotesDue2036Member_019e89e6-1474-77e2-8afa-f5306a56fcf3_terseLabel_en-US" xlink:label="lab_bn_A6505.33UnsecuredNotesDue2036Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$650 5.33% Unsecured Notes Due 2036</link:label>
    <link:label id="lab_bn_A6505.33UnsecuredNotesDue2036Member_label_en-US" xlink:label="lab_bn_A6505.33UnsecuredNotesDue2036Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$650 5.33% Unsecured Notes Due 2036 [Member]</link:label>
    <link:label id="lab_bn_A6505.33UnsecuredNotesDue2036Member_documentation_en-US" xlink:label="lab_bn_A6505.33UnsecuredNotesDue2036Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$650 5.33% Unsecured Notes Due 2036 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A6505.33UnsecuredNotesDue2036Member" xlink:href="bn-20260630.xsd#bn_A6505.33UnsecuredNotesDue2036Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A6505.33UnsecuredNotesDue2036Member" xlink:to="lab_bn_A6505.33UnsecuredNotesDue2036Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue_019e89e6-1500-73d6-9cdd-c55ab4596134_terseLabel_en-US" xlink:label="lab_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Explanation of when entity expects to recognise transaction price allocated to remaining performance obligations as revenue</link:label>
    <link:label id="lab_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue_label_en-US" xlink:label="lab_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Explanation of when entity expects to recognise transaction price allocated to remaining performance obligations as revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:to="lab_ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_019e89e6-158d-7ca8-947f-11a8eff92834_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will not be reclassified to net income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis_019e89e6-1474-7698-aed5-a99c8928eba5_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities classified as held for sale [axis]</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities classified as held for sale [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_HydroelectricGeneratingUnitsMember_019e89e6-1474-7dfc-9c74-80a362d32ad6_terseLabel_en-US" xlink:label="lab_bn_HydroelectricGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hydroelectric Generating Units [Member]</link:label>
    <link:label id="lab_bn_HydroelectricGeneratingUnitsMember_label_en-US" xlink:label="lab_bn_HydroelectricGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hydroelectric Generating Units [Member]</link:label>
    <link:label id="lab_bn_HydroelectricGeneratingUnitsMember_documentation_en-US" xlink:label="lab_bn_HydroelectricGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hydroelectric Generating Units [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_HydroelectricGeneratingUnitsMember" xlink:href="bn-20260630.xsd#bn_HydroelectricGeneratingUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_HydroelectricGeneratingUnitsMember" xlink:to="lab_bn_HydroelectricGeneratingUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_019e89e6-1474-768b-a54c-7c2cd0e0f45c_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for measuring inventories [text block]</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for measuring inventories [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_019e89e6-13c4-77af-8094-3f1a99b33ee8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income taxes</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income that will not be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TitleOfIndividual1Axis_019e89e6-158d-7b82-9b18-6c6ea9f4c644_terseLabel_en-US" xlink:label="lab_bn_TitleOfIndividual1Axis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title Of Individual1 [Axis]</link:label>
    <link:label id="lab_bn_TitleOfIndividual1Axis_label_en-US" xlink:label="lab_bn_TitleOfIndividual1Axis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title Of Individual1 [Axis]</link:label>
    <link:label id="lab_bn_TitleOfIndividual1Axis_documentation_en-US" xlink:label="lab_bn_TitleOfIndividual1Axis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Title Of Individual1 [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TitleOfIndividual1Axis" xlink:href="bn-20260630.xsd#bn_TitleOfIndividual1Axis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TitleOfIndividual1Axis" xlink:to="lab_bn_TitleOfIndividual1Axis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_VariableRate1Domain_019e89e6-1474-7444-93b9-f960b01a9fca_terseLabel_en-US" xlink:label="lab_bn_VariableRate1Domain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate1 [Domain]</link:label>
    <link:label id="lab_bn_VariableRate1Domain_label_en-US" xlink:label="lab_bn_VariableRate1Domain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate1 [Domain]</link:label>
    <link:label id="lab_bn_VariableRate1Domain_documentation_en-US" xlink:label="lab_bn_VariableRate1Domain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Variable Rate1 [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_VariableRate1Domain" xlink:href="bn-20260630.xsd#bn_VariableRate1Domain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_VariableRate1Domain" xlink:to="lab_bn_VariableRate1Domain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TradereceivablesandotherMember_019e89e6-1500-7eb6-9303-c909f8d29891_verboseLabel_en-US" xlink:label="lab_bn_TradereceivablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables and other [Member]</link:label>
    <link:label id="lab_bn_TradereceivablesandotherMember_019e89e6-1500-7061-a162-7bfcf8dd7e4a_terseLabel_en-US" xlink:label="lab_bn_TradereceivablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:label id="lab_bn_TradereceivablesandotherMember_label_en-US" xlink:label="lab_bn_TradereceivablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade receivables and other [Member]</link:label>
    <link:label id="lab_bn_TradereceivablesandotherMember_documentation_en-US" xlink:label="lab_bn_TradereceivablesandotherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trade Receivables and Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TradereceivablesandotherMember" xlink:href="bn-20260630.xsd#bn_TradereceivablesandotherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TradereceivablesandotherMember" xlink:to="lab_bn_TradereceivablesandotherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod_019e89e6-13c4-7b01-b911-ce01298d8fc7_terseLabel_en-US" xlink:label="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in Joint Ventures and Associates Accounted for Using the Equity Method</link:label>
    <link:label id="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod_label_en-US" xlink:label="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in Joint Ventures and Associates Accounted for Using the Equity Method</link:label>
    <link:label id="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod_documentation_en-US" xlink:label="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in Joint Ventures and Associates Accounted for Using the Equity Method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod" xlink:href="bn-20260630.xsd#bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod" xlink:to="lab_bn_InvestmentsinJointVenturesandAssociatesAccountedforUsingtheEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AwardType1Axis_019e89e6-158c-7908-b448-b1fa50bfd428_terseLabel_en-US" xlink:label="lab_bn_AwardType1Axis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_bn_AwardType1Axis_label_en-US" xlink:label="lab_bn_AwardType1Axis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type1 [Axis]</link:label>
    <link:label id="lab_bn_AwardType1Axis_documentation_en-US" xlink:label="lab_bn_AwardType1Axis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Award Type1 [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AwardType1Axis" xlink:href="bn-20260630.xsd#bn_AwardType1Axis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AwardType1Axis" xlink:to="lab_bn_AwardType1Axis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_019e89e6-1474-7521-88aa-2bef395acf95_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesAxis_019e89e6-158c-7aa2-b4b7-a120f086153b_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesAxis_label_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesAxis" xlink:to="lab_ifrs-full_JointVenturesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_019e89e6-1474-7c98-af7e-86574e233315_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on fair value adjustment, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember_019e89e6-1474-7ced-9319-49fd02d465e7_terseLabel_en-US" xlink:label="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property-specific borrowings and subsidiary borrowings [Member]</link:label>
    <link:label id="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember_label_en-US" xlink:label="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property-specific borrowings and subsidiary borrowings [Member]</link:label>
    <link:label id="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember_documentation_en-US" xlink:label="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property-specific borrowings and subsidiary borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember" xlink:href="bn-20260630.xsd#bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember" xlink:to="lab_bn_PropertyspecificborrowingsandsubsidiaryborrowingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_LiabilitiesRecognizedasofAcquisitionDate_019e89e6-13c4-7328-9fd7-b18070a51343_terseLabel_en-US" xlink:label="lab_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities Recognized as of Acquisition Date</link:label>
    <link:label id="lab_bn_LiabilitiesRecognizedasofAcquisitionDate_019e89e6-13c4-7313-9a56-ff2cc9366f5c_negatedTotalLabel_en-US" xlink:label="lab_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_bn_LiabilitiesRecognizedasofAcquisitionDate_label_en-US" xlink:label="lab_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities Recognized as of Acquisition Date</link:label>
    <link:label id="lab_bn_LiabilitiesRecognizedasofAcquisitionDate_documentation_en-US" xlink:label="lab_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities Recognized as of Acquisition Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:href="bn-20260630.xsd#bn_LiabilitiesRecognizedasofAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:to="lab_bn_LiabilitiesRecognizedasofAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series28ClassAPreferredSharesMember_019e89e6-158d-712b-88cb-3b601ba41ebf_terseLabel_en-US" xlink:label="lab_bn_Series28ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 28 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series28ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series28ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 28 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series28ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series28ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 28 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series28ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series28ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series28ClassAPreferredSharesMember" xlink:to="lab_bn_Series28ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_019e89e6-1474-79f9-b1a6-11f4fddb0d29_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_019e89e6-1474-744f-885f-3fec1d9ba123_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable and other</link:label>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_label_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade receivables [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeReceivablesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeReceivablesMember" xlink:to="lab_ifrs-full_TradeReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherFairValueChangesMember_019e89e6-1500-720a-bee7-c135f093a2cf_terseLabel_en-US" xlink:label="lab_bn_OtherFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other fair value changes</link:label>
    <link:label id="lab_bn_OtherFairValueChangesMember_label_en-US" xlink:label="lab_bn_OtherFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Fair Value Changes [Member]</link:label>
    <link:label id="lab_bn_OtherFairValueChangesMember_documentation_en-US" xlink:label="lab_bn_OtherFairValueChangesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Fair Value Changes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherFairValueChangesMember" xlink:href="bn-20260630.xsd#bn_OtherFairValueChangesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherFairValueChangesMember" xlink:to="lab_bn_OtherFairValueChangesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_019e89e6-1474-7c13-8489-b159dd6ae544_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from contracts with customers</link:label>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_label_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from contracts with customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromContractsWithCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:to="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ExercisePriceRangeFourMember_019e89e6-158d-76f4-ac25-90587564f37e_terseLabel_en-US" xlink:label="lab_bn_ExercisePriceRangeFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise Price Range Four [Member]</link:label>
    <link:label id="lab_bn_ExercisePriceRangeFourMember_label_en-US" xlink:label="lab_bn_ExercisePriceRangeFourMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise Price Range Four [Member]</link:label>
    <link:label id="lab_bn_ExercisePriceRangeFourMember_documentation_en-US" xlink:label="lab_bn_ExercisePriceRangeFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exercise Price Range Four [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ExercisePriceRangeFourMember" xlink:href="bn-20260630.xsd#bn_ExercisePriceRangeFourMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ExercisePriceRangeFourMember" xlink:to="lab_bn_ExercisePriceRangeFourMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock_019e89e6-13c4-7434-beb7-a0eb33b578af_terseLabel_en-US" xlink:label="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Current and Non-current Liabilities [Table Text Block]</link:label>
    <link:label id="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Current and Non-current Liabilities [Table Text Block]</link:label>
    <link:label id="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Current and Non-current Liabilities [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock" xlink:href="bn-20260630.xsd#bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock" xlink:to="lab_bn_ScheduleofCurrentandNoncurrentLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RestrictedStock1Member_019e89e6-158d-7a0b-b93c-b5b7c27044b0_terseLabel_en-US" xlink:label="lab_bn_RestrictedStock1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock</link:label>
    <link:label id="lab_bn_RestrictedStock1Member_label_en-US" xlink:label="lab_bn_RestrictedStock1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock1 [Member]</link:label>
    <link:label id="lab_bn_RestrictedStock1Member_documentation_en-US" xlink:label="lab_bn_RestrictedStock1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Stock1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RestrictedStock1Member" xlink:href="bn-20260630.xsd#bn_RestrictedStock1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RestrictedStock1Member" xlink:to="lab_bn_RestrictedStock1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation_019e89e6-1474-737f-a468-4f5adb1bb5a9_terseLabel_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation and other</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation_label_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Foreign Currency Translation</link:label>
    <link:label id="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation_documentation_en-US" xlink:label="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Accounted For Using Equity Method, Foreign Currency Translation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation" xlink:href="bn-20260630.xsd#bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation" xlink:to="lab_bn_InvestmentAccountedForUsingEquityMethodForeignCurrencyTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PrivateEquityMember_019e89e6-1500-701c-ac47-d9a8b20d3528_terseLabel_en-US" xlink:label="lab_bn_PrivateEquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private Equity</link:label>
    <link:label id="lab_bn_PrivateEquityMember_label_en-US" xlink:label="lab_bn_PrivateEquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Private Equity [Member]</link:label>
    <link:label id="lab_bn_PrivateEquityMember_documentation_en-US" xlink:label="lab_bn_PrivateEquityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Private Equity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PrivateEquityMember" xlink:href="bn-20260630.xsd#bn_PrivateEquityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PrivateEquityMember" xlink:to="lab_bn_PrivateEquityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_019e89e6-1500-7ccc-8d42-75bf7021a4de_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_019e89e6-1500-774c-9620-d817581f402a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilities" xlink:to="lab_ifrs-full_DeferredTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember_019e89e6-13c4-7bff-b622-606096c9c82b_terseLabel_en-US" xlink:label="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries&#160;of the Corporation other than BFI, BFL&#160;and BIC</link:label>
    <link:label id="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember_label_en-US" xlink:label="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries Other Than Brookfield Finance Inc, Brookfield Finance LLC and Brookfield Investments Corporation [Member]</link:label>
    <link:label id="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember_documentation_en-US" xlink:label="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiaries Other Than Brookfield Finance Inc, Brookfield Finance LLC and Brookfield Investments Corporation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember" xlink:href="bn-20260630.xsd#bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember" xlink:to="lab_bn_SubsidiariesOtherThanBrookfieldFinanceIncBrookfieldFinanceLLCandBrookfieldInvestmentsCorporationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FairValueMeasurementAbstract_019e89e6-1474-77d4-8f0c-0fa35f77f2e9_terseLabel_en-US" xlink:label="lab_bn_FairValueMeasurementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Abstract]</link:label>
    <link:label id="lab_bn_FairValueMeasurementAbstract_label_en-US" xlink:label="lab_bn_FairValueMeasurementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Abstract]</link:label>
    <link:label id="lab_bn_FairValueMeasurementAbstract_documentation_en-US" xlink:label="lab_bn_FairValueMeasurementAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FairValueMeasurementAbstract" xlink:href="bn-20260630.xsd#bn_FairValueMeasurementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FairValueMeasurementAbstract" xlink:to="lab_bn_FairValueMeasurementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019e89e6-13c4-7311-9270-2bbc26d3e83c_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019e89e6-13c4-7de2-9252-a5464512d312_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_019e89e6-13c4-7ace-838a-05c700f47a2d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets_019e89e6-1500-712d-b077-f6c892b28533_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers out of Level 3 of fair value hierarchy, assets</link:label>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets_label_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers out of Level 3 of fair value hierarchy, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:to="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyExplanatory_019e89e6-158d-7ce7-b928-595bd87e467e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTMENT PROPERTIES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of investment property [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage_019e89e6-158c-77f7-a683-92a0072cfe33_terseLabel_en-US" xlink:label="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Generation Contracted under Power Purchase Agreements</link:label>
    <link:label id="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage_label_en-US" xlink:label="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Generation Contracted Under Power Purchase Agreements, Percentage</link:label>
    <link:label id="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage_documentation_en-US" xlink:label="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Generation Contracted Under Power Purchase Agreements, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage" xlink:href="bn-20260630.xsd#bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage" xlink:to="lab_bn_TotalGenerationContractedUnderPowerPurchaseAgreementsPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentProperty_019e89e6-1474-7f44-836b-f9c261415da4_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment properties</link:label>
    <link:label id="lab_ifrs-full_InvestmentProperty_019e89e6-1474-7593-a974-2bad0678a554_verboseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investment properties</link:label>
    <link:label id="lab_ifrs-full_InvestmentProperty_019e89e6-1474-738d-a730-384dbf37684d_periodStartLabel_en-US" xlink:label="lab_ifrs-full_InvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Fair value, beginning of period</link:label>
    <link:label id="lab_ifrs-full_InvestmentProperty_019e89e6-1474-7939-80cf-4cddd971ee16_periodEndLabel_en-US" xlink:label="lab_ifrs-full_InvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Fair value, end of period1</link:label>
    <link:label id="lab_ifrs-full_InvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_InvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentProperty" xlink:to="lab_ifrs-full_InvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_019e89e6-1500-7a91-ae4e-633718d836dc_terseLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Identifiable assets acquired (liabilities assumed)</link:label>
    <link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_019e89e6-1500-7912-b5c5-5c1d1c40f780_totalLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Identifiable assets acquired (liabilities assumed)</link:label>
    <link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_label_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identifiable assets acquired (liabilities assumed)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_019e89e6-1500-7b49-92e0-5af19419f8dc_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Change in cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_019e89e6-1474-7f45-9291-03b73b6d3505_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ValueofinsurancecontractsacquiredMember_019e89e6-1474-7751-a514-f29f14338280_terseLabel_en-US" xlink:label="lab_bn_ValueofinsurancecontractsacquiredMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Value of insurance contracts acquired [Domain]</link:label>
    <link:label id="lab_bn_ValueofinsurancecontractsacquiredMember_label_en-US" xlink:label="lab_bn_ValueofinsurancecontractsacquiredMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Value of insurance contracts acquired [Member]</link:label>
    <link:label id="lab_bn_ValueofinsurancecontractsacquiredMember_documentation_en-US" xlink:label="lab_bn_ValueofinsurancecontractsacquiredMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Value of insurance contracts acquired [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ValueofinsurancecontractsacquiredMember" xlink:href="bn-20260630.xsd#bn_ValueofinsurancecontractsacquiredMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ValueofinsurancecontractsacquiredMember" xlink:to="lab_bn_ValueofinsurancecontractsacquiredMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherInvestmentPropertiesMember_019e89e6-1474-7bf8-b138-c3689866ecb9_terseLabel_en-US" xlink:label="lab_bn_OtherInvestmentPropertiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investment properties</link:label>
    <link:label id="lab_bn_OtherInvestmentPropertiesMember_label_en-US" xlink:label="lab_bn_OtherInvestmentPropertiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Investment Properties [Member]</link:label>
    <link:label id="lab_bn_OtherInvestmentPropertiesMember_documentation_en-US" xlink:label="lab_bn_OtherInvestmentPropertiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Investment Properties [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherInvestmentPropertiesMember" xlink:href="bn-20260630.xsd#bn_OtherInvestmentPropertiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherInvestmentPropertiesMember" xlink:to="lab_bn_OtherInvestmentPropertiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_019e89e6-13c4-7f4c-ab9d-2c277f3fa8b8_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for depreciation and amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_019e89e6-13c4-70c0-80ef-b90db382936b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest expense on borrowings</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:to="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory_019e89e6-158c-7231-be7c-f64096fc76de_terseLabel_en-US" xlink:label="lab_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue [Table Text Block]</link:label>
    <link:label id="lab_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information about relationship between disclosure of disaggregated revenue from contracts with customers and revenue information for reportable segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory" xlink:to="lab_ifrs-full_InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_019e89e6-1474-7dab-8f85-f8f54471bcf0_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_019e89e6-1474-7c88-9dc4-0b984e73bdb1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_019e89e6-158d-7658-9d0e-f78ba0eb4be4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying and fair values of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A4003625UnsecuredNotesDue2052Member_019e89e6-158c-7627-9f5d-ff3f1ae85c7d_terseLabel_en-US" xlink:label="lab_bn_A4003625UnsecuredNotesDue2052Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$400 3.625% Unsecured Notes Due 2052</link:label>
    <link:label id="lab_bn_A4003625UnsecuredNotesDue2052Member_label_en-US" xlink:label="lab_bn_A4003625UnsecuredNotesDue2052Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$400 3.625% Unsecured Notes Due 2052 [Member]</link:label>
    <link:label id="lab_bn_A4003625UnsecuredNotesDue2052Member_documentation_en-US" xlink:label="lab_bn_A4003625UnsecuredNotesDue2052Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$400 3.625% Unsecured Notes Due 2052</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A4003625UnsecuredNotesDue2052Member" xlink:href="bn-20260630.xsd#bn_A4003625UnsecuredNotesDue2052Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A4003625UnsecuredNotesDue2052Member" xlink:to="lab_bn_A4003625UnsecuredNotesDue2052Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssueOfEquity_019e89e6-158d-70e9-8ff2-4063ce7c37dd_terseLabel_en-US" xlink:label="lab_ifrs-full_IssueOfEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issue of equity</link:label>
    <link:label id="lab_ifrs-full_IssueOfEquity_label_en-US" xlink:label="lab_ifrs-full_IssueOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issue of equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssueOfEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssueOfEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssueOfEquity" xlink:to="lab_ifrs-full_IssueOfEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock_019e89e6-1474-7bc1-aed8-642cc1762689_terseLabel_en-US" xlink:label="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Current and Non-current Assets [Table Text Block]</link:label>
    <link:label id="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock_label_en-US" xlink:label="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Current and Non-current Assets [Table Text Block]</link:label>
    <link:label id="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock_documentation_en-US" xlink:label="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Current and Non-current Assets [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock" xlink:href="bn-20260630.xsd#bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock" xlink:to="lab_bn_ScheduleofCurrentandNoncurrentAssetsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ClassALimitedVotingSharesMember_019e89e6-158c-7b38-9df1-ded671ed772f_terseLabel_en-US" xlink:label="lab_bn_ClassALimitedVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A Limited Voting Shares</link:label>
    <link:label id="lab_bn_ClassALimitedVotingSharesMember_label_en-US" xlink:label="lab_bn_ClassALimitedVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A Limited Voting Shares [Member]</link:label>
    <link:label id="lab_bn_ClassALimitedVotingSharesMember_documentation_en-US" xlink:label="lab_bn_ClassALimitedVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A Limited Voting Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ClassALimitedVotingSharesMember" xlink:href="bn-20260630.xsd#bn_ClassALimitedVotingSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ClassALimitedVotingSharesMember" xlink:to="lab_bn_ClassALimitedVotingSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SolarGeneratingunitsMember_019e89e6-158c-700f-9d2b-a1ff72cd2186_terseLabel_en-US" xlink:label="lab_bn_SolarGeneratingunitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Solar Generating units [Member]</link:label>
    <link:label id="lab_bn_SolarGeneratingunitsMember_label_en-US" xlink:label="lab_bn_SolarGeneratingunitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Solar Generating units [Member]</link:label>
    <link:label id="lab_bn_SolarGeneratingunitsMember_documentation_en-US" xlink:label="lab_bn_SolarGeneratingunitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Solar Generating units [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SolarGeneratingunitsMember" xlink:href="bn-20260630.xsd#bn_SolarGeneratingunitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SolarGeneratingunitsMember" xlink:to="lab_bn_SolarGeneratingunitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement_019e89e6-1500-7f61-8f8d-926a8a740269_terseLabel_en-US" xlink:label="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number Of Share Options Exercised And Cancelled In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Share Options Exercised And Cancelled In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Share Options Exercised And Cancelled In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:to="lab_bn_NumberOfShareOptionsExercisedAndCancelledInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CorporationsCapital_019e89e6-158d-79a9-8acf-70af534ef580_terseLabel_en-US" xlink:label="lab_bn_CorporationsCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporation's Capital</link:label>
    <link:label id="lab_bn_CorporationsCapital_label_en-US" xlink:label="lab_bn_CorporationsCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporation's Capital</link:label>
    <link:label id="lab_bn_CorporationsCapital_documentation_en-US" xlink:label="lab_bn_CorporationsCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporation's Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CorporationsCapital" xlink:href="bn-20260630.xsd#bn_CorporationsCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CorporationsCapital" xlink:to="lab_bn_CorporationsCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_TransmissionstationstowersandrelatedfixturesMember_019e89e6-1474-7f71-a710-e268c19cd29b_terseLabel_en-US" xlink:label="lab_bn_TransmissionstationstowersandrelatedfixturesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transmission stations, towers and related fixtures [Member]</link:label>
    <link:label id="lab_bn_TransmissionstationstowersandrelatedfixturesMember_label_en-US" xlink:label="lab_bn_TransmissionstationstowersandrelatedfixturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transmission stations, towers and related fixtures [Member]</link:label>
    <link:label id="lab_bn_TransmissionstationstowersandrelatedfixturesMember_documentation_en-US" xlink:label="lab_bn_TransmissionstationstowersandrelatedfixturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transmission stations, towers and related fixtures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_TransmissionstationstowersandrelatedfixturesMember" xlink:href="bn-20260630.xsd#bn_TransmissionstationstowersandrelatedfixturesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_TransmissionstationstowersandrelatedfixturesMember" xlink:to="lab_bn_TransmissionstationstowersandrelatedfixturesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_AntyliaMember_019e89e6-1474-7cc6-8b99-2d09000098b3_terseLabel_en-US" xlink:label="lab_bn_AntyliaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antylia [Member]</link:label>
    <link:label id="lab_bn_AntyliaMember_label_en-US" xlink:label="lab_bn_AntyliaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antylia [Member]</link:label>
    <link:label id="lab_bn_AntyliaMember_documentation_en-US" xlink:label="lab_bn_AntyliaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Antylia</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_AntyliaMember" xlink:href="bn-20260630.xsd#bn_AntyliaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_AntyliaMember" xlink:to="lab_bn_AntyliaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentReceivables_019e89e6-1500-788b-a822-4ce2c539d003_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current portion of accounts receivable and other</link:label>
    <link:label id="lab_ifrs-full_NoncurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other non-current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentReceivables" xlink:to="lab_ifrs-full_NoncurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A4505.675UnsecuredNotesDue2035Member_019e89e6-1474-7cac-a826-88a24847025b_terseLabel_en-US" xlink:label="lab_bn_A4505.675UnsecuredNotesDue2035Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$450 5.675% Unsecured Notes Due 2035</link:label>
    <link:label id="lab_bn_A4505.675UnsecuredNotesDue2035Member_label_en-US" xlink:label="lab_bn_A4505.675UnsecuredNotesDue2035Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$450 5.675% Unsecured Notes Due 2035 [Member]</link:label>
    <link:label id="lab_bn_A4505.675UnsecuredNotesDue2035Member_documentation_en-US" xlink:label="lab_bn_A4505.675UnsecuredNotesDue2035Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$450 5.675% Unsecured Notes Due 2035</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A4505.675UnsecuredNotesDue2035Member" xlink:href="bn-20260630.xsd#bn_A4505.675UnsecuredNotesDue2035Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A4505.675UnsecuredNotesDue2035Member" xlink:to="lab_bn_A4505.675UnsecuredNotesDue2035Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OwnershipInterestInBAMMember_019e89e6-13c4-78cf-ae42-712be7537d0a_terseLabel_en-US" xlink:label="lab_bn_OwnershipInterestInBAMMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership interest in BAM</link:label>
    <link:label id="lab_bn_OwnershipInterestInBAMMember_label_en-US" xlink:label="lab_bn_OwnershipInterestInBAMMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership interest in BAM [Member]</link:label>
    <link:label id="lab_bn_OwnershipInterestInBAMMember_documentation_en-US" xlink:label="lab_bn_OwnershipInterestInBAMMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ownership Interest in BAM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OwnershipInterestInBAMMember" xlink:href="bn-20260630.xsd#bn_OwnershipInterestInBAMMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OwnershipInterestInBAMMember" xlink:to="lab_bn_OwnershipInterestInBAMMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsToNoncurrentAssets_019e89e6-1474-7377-9a93-1fd42101fec6_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsToNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions to non-current assets</link:label>
    <link:label id="lab_ifrs-full_AdditionsToNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_AdditionsToNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions to non-current assets other than financial instruments, deferred tax assets, net defined benefit assets, and rights arising under insurance contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsToNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsToNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsToNoncurrentAssets" xlink:to="lab_ifrs-full_AdditionsToNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_019e89e6-1474-7a3e-9f66-2bec09c7f7c0_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of voting rights held in subsidiary</link:label>
    <link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of voting rights held in subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfVotingPowerHeldInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfAssociatesAndJointVenturesTable_019e89e6-1500-785f-bf7b-5451ee9ba523_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfAssociatesAndJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Associates And Joint Ventures [Table]</link:label>
    <link:label id="lab_bn_DisclosureOfAssociatesAndJointVenturesTable_label_en-US" xlink:label="lab_bn_DisclosureOfAssociatesAndJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Associates And Joint Ventures [Table]</link:label>
    <link:label id="lab_bn_DisclosureOfAssociatesAndJointVenturesTable_documentation_en-US" xlink:label="lab_bn_DisclosureOfAssociatesAndJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Associates And Joint Ventures [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfAssociatesAndJointVenturesTable" xlink:href="bn-20260630.xsd#bn_DisclosureOfAssociatesAndJointVenturesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfAssociatesAndJointVenturesTable" xlink:to="lab_bn_DisclosureOfAssociatesAndJointVenturesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory_019e89e6-1474-76c0-91fc-7d53609df0c1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EQUITY</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of issued capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIssuedCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain_019ff13f-3c50-7ea7-aac4-b415e343b95b_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment including right-of-use assets [domain]</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment including right-of-use assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_019e89e6-1474-763c-95b4-5f2561d1378d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Corporate borrowings repaid</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of borrowings, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain_019e89e6-1500-7e3a-966a-2c8283af0684_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries [domain]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_019e89e6-158c-71bd-9a11-3a16c82e7f16_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_HotwireMember_019e89e6-1500-704e-8415-9c46b4c9398a_terseLabel_en-US" xlink:label="lab_bn_HotwireMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hotwire [Member]</link:label>
    <link:label id="lab_bn_HotwireMember_label_en-US" xlink:label="lab_bn_HotwireMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hotwire [Member]</link:label>
    <link:label id="lab_bn_HotwireMember_documentation_en-US" xlink:label="lab_bn_HotwireMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hotwire</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_HotwireMember" xlink:href="bn-20260630.xsd#bn_HotwireMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_HotwireMember" xlink:to="lab_bn_HotwireMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RenewablePowerMember_019e89e6-1474-721c-96b3-cbc702af5a6e_terseLabel_en-US" xlink:label="lab_bn_RenewablePowerMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewable Power</link:label>
    <link:label id="lab_bn_RenewablePowerMember_label_en-US" xlink:label="lab_bn_RenewablePowerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewable Power [Member]</link:label>
    <link:label id="lab_bn_RenewablePowerMember_documentation_en-US" xlink:label="lab_bn_RenewablePowerMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Renewable Power [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RenewablePowerMember" xlink:href="bn-20260630.xsd#bn_RenewablePowerMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RenewablePowerMember" xlink:to="lab_bn_RenewablePowerMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_019e89e6-1474-7541-82e7-2d3910d65801_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of equity</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_019e89e6-158c-72ba-8bf6-801fbf5f3fe0_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Impairment</link:label>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated impairment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedImpairmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedImpairmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedImpairmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ColonialMember_019e89e6-1474-72dd-b161-ef10a86f69fd_terseLabel_en-US" xlink:label="lab_bn_ColonialMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Colonial [Member]</link:label>
    <link:label id="lab_bn_ColonialMember_label_en-US" xlink:label="lab_bn_ColonialMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Colonial [Member]</link:label>
    <link:label id="lab_bn_ColonialMember_documentation_en-US" xlink:label="lab_bn_ColonialMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Colonial</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ColonialMember" xlink:href="bn-20260630.xsd#bn_ColonialMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ColonialMember" xlink:to="lab_bn_ColonialMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_019e89e6-1500-7d8a-bfff-4e5a2597c5ec_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_019e89e6-1500-7a9e-ba35-635a9554d95f_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual Rate</link:label>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsInterestRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsInterestRate" xlink:to="lab_ifrs-full_BorrowingsInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_019e89e6-158c-776f-92de-c397115305ad_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_019e89e6-158c-78cc-ada7-0405c18239fc_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate_019e89e6-1500-72c1-9b07-173e54dbad7c_terseLabel_en-US" xlink:label="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory</link:label>
    <link:label id="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoryRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_EquipmentandfixturesimprovementsMember_019e89e6-13c4-710c-a5ac-f75ccfc3e3d9_terseLabel_en-US" xlink:label="lab_bn_EquipmentandfixturesimprovementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equipment, and fixtures improvements [Member]</link:label>
    <link:label id="lab_bn_EquipmentandfixturesimprovementsMember_label_en-US" xlink:label="lab_bn_EquipmentandfixturesimprovementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equipment, and fixtures improvements [Member]</link:label>
    <link:label id="lab_bn_EquipmentandfixturesimprovementsMember_documentation_en-US" xlink:label="lab_bn_EquipmentandfixturesimprovementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equipment, and fixtures improvements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_EquipmentandfixturesimprovementsMember" xlink:href="bn-20260630.xsd#bn_EquipmentandfixturesimprovementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_EquipmentandfixturesimprovementsMember" xlink:to="lab_bn_EquipmentandfixturesimprovementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems_019e89e6-13c4-74e5-a358-bb1ccb0a2e31_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SharesSettledInShareBasedPaymentArrangement_019e89e6-1500-7215-a8c3-093c53105271_terseLabel_en-US" xlink:label="lab_bn_SharesSettledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares Settled In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_SharesSettledInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_SharesSettledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Settled In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_SharesSettledInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_SharesSettledInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Settled In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SharesSettledInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_SharesSettledInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SharesSettledInShareBasedPaymentArrangement" xlink:to="lab_bn_SharesSettledInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_RealEstateAndOtherMember_019e89e6-158d-7a62-8e6d-e5a31bc1665b_terseLabel_en-US" xlink:label="lab_bn_RealEstateAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate and other</link:label>
    <link:label id="lab_bn_RealEstateAndOtherMember_label_en-US" xlink:label="lab_bn_RealEstateAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate and other [Member]</link:label>
    <link:label id="lab_bn_RealEstateAndOtherMember_documentation_en-US" xlink:label="lab_bn_RealEstateAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate and other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_RealEstateAndOtherMember" xlink:href="bn-20260630.xsd#bn_RealEstateAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_RealEstateAndOtherMember" xlink:to="lab_bn_RealEstateAndOtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ExpenseIncurredWithRespectToMSOP_019e89e6-1500-79a0-a85d-efc3027431b0_terseLabel_en-US" xlink:label="lab_bn_ExpenseIncurredWithRespectToMSOP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense incurred with respect to MSOP</link:label>
    <link:label id="lab_bn_ExpenseIncurredWithRespectToMSOP_label_en-US" xlink:label="lab_bn_ExpenseIncurredWithRespectToMSOP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense incurred with respect to MSOP</link:label>
    <link:label id="lab_bn_ExpenseIncurredWithRespectToMSOP_documentation_en-US" xlink:label="lab_bn_ExpenseIncurredWithRespectToMSOP" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expense incurred with respect to MSOP</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ExpenseIncurredWithRespectToMSOP" xlink:href="bn-20260630.xsd#bn_ExpenseIncurredWithRespectToMSOP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ExpenseIncurredWithRespectToMSOP" xlink:to="lab_bn_ExpenseIncurredWithRespectToMSOP" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssets_019e89e6-1500-762e-ba17-0a0156632cf6_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="lab_ifrs-full_CurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_019e89e6-1500-7a5c-afd7-48d403949eac_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_019e89e6-1500-7f18-864d-76b20008a9f0_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interest in acquiree recognised at acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:to="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_019e89e6-1474-7b97-9f0c-81b1cbce67a6_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial instruments</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_019e89e6-1500-7908-88d0-00f90151e665_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net change in working capital</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in working capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssetsHeldForHedging_019e89e6-1474-7f81-8858-aa67fc19b50b_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssetsHeldForHedging" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial assets held for hedging</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssetsHeldForHedging_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssetsHeldForHedging" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial assets held for hedging</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialAssetsHeldForHedging" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialAssetsHeldForHedging"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialAssetsHeldForHedging" xlink:to="lab_ifrs-full_DerivativeFinancialAssetsHeldForHedging" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ShareholderdistributionsAbstract_019e89e6-1474-7c90-ad3f-322da0d0104e_terseLabel_en-US" xlink:label="lab_bn_ShareholderdistributionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholder distributions</link:label>
    <link:label id="lab_bn_ShareholderdistributionsAbstract_label_en-US" xlink:label="lab_bn_ShareholderdistributionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shareholder distributions [Abstract]</link:label>
    <link:label id="lab_bn_ShareholderdistributionsAbstract_documentation_en-US" xlink:label="lab_bn_ShareholderdistributionsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shareholder distributions [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ShareholderdistributionsAbstract" xlink:href="bn-20260630.xsd#bn_ShareholderdistributionsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ShareholderdistributionsAbstract" xlink:to="lab_bn_ShareholderdistributionsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromConstructionContracts_019e89e6-1474-70b4-b283-6be9a10dadb6_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromConstructionContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from construction contracts</link:label>
    <link:label id="lab_ifrs-full_RevenueFromConstructionContracts_label_en-US" xlink:label="lab_ifrs-full_RevenueFromConstructionContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from construction contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromConstructionContracts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromConstructionContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromConstructionContracts" xlink:to="lab_ifrs-full_RevenueFromConstructionContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CashSettledShareBasedPaymentArrangementMember_019e89e6-158d-75ba-97da-4610a8b4783d_terseLabel_en-US" xlink:label="lab_bn_CashSettledShareBasedPaymentArrangementMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash-Settled Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_CashSettledShareBasedPaymentArrangementMember_label_en-US" xlink:label="lab_bn_CashSettledShareBasedPaymentArrangementMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash-Settled Share-Based Payment Arrangement [Member]</link:label>
    <link:label id="lab_bn_CashSettledShareBasedPaymentArrangementMember_documentation_en-US" xlink:label="lab_bn_CashSettledShareBasedPaymentArrangementMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash-Settled Share-Based Payment Arrangement [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CashSettledShareBasedPaymentArrangementMember" xlink:href="bn-20260630.xsd#bn_CashSettledShareBasedPaymentArrangementMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CashSettledShareBasedPaymentArrangementMember" xlink:to="lab_bn_CashSettledShareBasedPaymentArrangementMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_019e89e6-1500-7e4b-bf61-dbeecb8078ad_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GoodsOrServicesTransferredOverTimeMember_019e89e6-1474-7b0f-ba0f-4d3f7f4a8ff6_terseLabel_en-US" xlink:label="lab_ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goods or services transferred over time [member]</link:label>
    <link:label id="lab_ifrs-full_GoodsOrServicesTransferredOverTimeMember_label_en-US" xlink:label="lab_ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goods or services transferred over time [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GoodsOrServicesTransferredOverTimeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:to="lab_ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_019e89e6-1474-78ab-9ad4-2a0ba8f50354_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in profit or loss including exchange differences, fair value measurement, liabilities</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in profit or loss including exchange differences, fair value measurement, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:to="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsAxis_019e89e6-158c-78e3-b454-b3a0f2a28f09_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:label id="lab_ifrs-full_SegmentsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsAxis" xlink:to="lab_ifrs-full_SegmentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DilutedShares_019e89e6-1474-725d-aea6-401d75abeacf_totalLabel_en-US" xlink:label="lab_bn_DilutedShares" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total diluted shares (in shares)</link:label>
    <link:label id="lab_bn_DilutedShares_label_en-US" xlink:label="lab_bn_DilutedShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted Shares</link:label>
    <link:label id="lab_bn_DilutedShares_documentation_en-US" xlink:label="lab_bn_DilutedShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Diluted Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DilutedShares" xlink:href="bn-20260630.xsd#bn_DilutedShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DilutedShares" xlink:to="lab_bn_DilutedShares" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement_019e89e6-13c4-747d-b335-e523b167f79e_verboseLabel_en-US" xlink:label="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Unexercised options and other share-based plans (in shares)</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement_label_en-US" xlink:label="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Share Options Unexercised And Other Share-Based Plans Arrangement</link:label>
    <link:label id="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement_documentation_en-US" xlink:label="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Share Options Unexercised And Other Share-Based Plans Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement" xlink:href="bn-20260630.xsd#bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement" xlink:to="lab_bn_NumberOfShareOptionsUnexercisedAndOtherShareBasedPlansArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DepositFromRelatedPartiesRepaid_019e89e6-1474-7882-a765-9019f0b95038_terseLabel_en-US" xlink:label="lab_bn_DepositFromRelatedPartiesRepaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits provided to related parties</link:label>
    <link:label id="lab_bn_DepositFromRelatedPartiesRepaid_label_en-US" xlink:label="lab_bn_DepositFromRelatedPartiesRepaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposit From Related Parties Repaid</link:label>
    <link:label id="lab_bn_DepositFromRelatedPartiesRepaid_documentation_en-US" xlink:label="lab_bn_DepositFromRelatedPartiesRepaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposit From Related Parties Repaid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DepositFromRelatedPartiesRepaid" xlink:href="bn-20260630.xsd#bn_DepositFromRelatedPartiesRepaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DepositFromRelatedPartiesRepaid" xlink:to="lab_bn_DepositFromRelatedPartiesRepaid" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WatermarkLodgingMember_019e89e6-1500-7fb7-a43b-16de5a7de576_terseLabel_en-US" xlink:label="lab_bn_WatermarkLodgingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Watermark Lodging [Member]</link:label>
    <link:label id="lab_bn_WatermarkLodgingMember_label_en-US" xlink:label="lab_bn_WatermarkLodgingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Watermark Lodging [Member]</link:label>
    <link:label id="lab_bn_WatermarkLodgingMember_documentation_en-US" xlink:label="lab_bn_WatermarkLodgingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Watermark Lodging</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WatermarkLodgingMember" xlink:href="bn-20260630.xsd#bn_WatermarkLodgingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WatermarkLodgingMember" xlink:to="lab_bn_WatermarkLodgingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived_019e89e6-1474-7211-b35e-6056a980669a_terseLabel_en-US" xlink:label="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Undiscounted finance lease payments to be received</link:label>
    <link:label id="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived_label_en-US" xlink:label="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undiscounted finance lease payments to be received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:to="lab_ifrs-full_UndiscountedFinanceLeasePaymentsToBeReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForFairValueGainsLosses_019e89e6-1474-780b-b923-99a4e196820b_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFairValueGainsLosses_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for fair value losses (gains)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForFairValueGainsLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:to="lab_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate_019e89e6-1474-7eca-9bb9-83d17034a403_terseLabel_en-US" xlink:label="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment properties</link:label>
    <link:label id="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Property Recognised As Of Acquisition Date</link:label>
    <link:label id="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Property Recognised As Of Acquisition Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:href="bn-20260630.xsd#bn_InvestmentPropertyRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:to="lab_bn_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_019e89e6-13c4-7b90-9acd-a46f4f3d4ac8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Depreciation expenses</link:label>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfHedgesAxis_019e89e6-13c4-7caf-8334-ae2554c6e670_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of hedges [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfHedgesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of hedges [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfHedgesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesAxis" xlink:to="lab_ifrs-full_TypesOfHedgesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities_019e89e6-158c-7eb5-a037-0856ecf45d8c_terseLabel_en-US" xlink:label="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities_label_en-US" xlink:label="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current portion of non-recourse borrowings of managed entities</link:label>
    <link:label id="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities_documentation_en-US" xlink:label="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-current portion of non-recourse borrowings of managed entities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities" xlink:href="bn-20260630.xsd#bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities" xlink:to="lab_bn_Noncurrentportionofnonrecourseborrowingsofmanagedentities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_019e89e6-1500-70ef-bc0d-da779a03ac58_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of share options exercised in share-based payment arrangement</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of share options exercised in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfInvestmentProperty_019e89e6-158c-7a18-a8c1-77be68f6a7bc_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Investment properties</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfInvestmentProperty" xlink:to="lab_ifrs-full_PurchaseOfInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_019e89e6-158c-7403-bc86-0c780bdb922f_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected volatility, share options granted</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected volatility, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="lab_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Noncurrentassetsofassociateorjointventure_019e89e6-1474-75e0-91d4-314eab1ddf8a_terseLabel_en-US" xlink:label="lab_bn_Noncurrentassetsofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_bn_Noncurrentassetsofassociateorjointventure_label_en-US" xlink:label="lab_bn_Noncurrentassetsofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets of associate or joint venture</link:label>
    <link:label id="lab_bn_Noncurrentassetsofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_Noncurrentassetsofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-current assets of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Noncurrentassetsofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_Noncurrentassetsofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Noncurrentassetsofassociateorjointventure" xlink:to="lab_bn_Noncurrentassetsofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_019e89e6-158d-70d8-a84c-58844562926a_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, category [member]</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DispositionAbstract_019e89e6-1500-7f87-98c0-e2b7831c2a3b_terseLabel_en-US" xlink:label="lab_bn_DispositionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dispositions</link:label>
    <link:label id="lab_bn_DispositionAbstract_label_en-US" xlink:label="lab_bn_DispositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposition [Abstract]</link:label>
    <link:label id="lab_bn_DispositionAbstract_documentation_en-US" xlink:label="lab_bn_DispositionAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposition [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DispositionAbstract" xlink:href="bn-20260630.xsd#bn_DispositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DispositionAbstract" xlink:to="lab_bn_DispositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_019ff15c-672c-7c39-bcc2-3b19c37cdf0c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ParValuePerShare_019e89e6-1500-7d4f-bc6e-a762b2b451b2_terseLabel_en-US" xlink:label="lab_ifrs-full_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Par value per share (in cad per share)</link:label>
    <link:label id="lab_ifrs-full_ParValuePerShare_label_en-US" xlink:label="lab_ifrs-full_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Par value per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ParValuePerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ParValuePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ParValuePerShare" xlink:to="lab_ifrs-full_ParValuePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Series24ClassAPreferredSharesMember_019e89e6-1500-7c29-99bc-1a9e84a62c4d_terseLabel_en-US" xlink:label="lab_bn_Series24ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 24 Class A Preferred Shares</link:label>
    <link:label id="lab_bn_Series24ClassAPreferredSharesMember_label_en-US" xlink:label="lab_bn_Series24ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 24 Class A Preferred Shares [Member]</link:label>
    <link:label id="lab_bn_Series24ClassAPreferredSharesMember_documentation_en-US" xlink:label="lab_bn_Series24ClassAPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 24 Class A Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Series24ClassAPreferredSharesMember" xlink:href="bn-20260630.xsd#bn_Series24ClassAPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Series24ClassAPreferredSharesMember" xlink:to="lab_bn_Series24ClassAPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_019e89e6-1500-7c07-9db0-2d0b939be5fb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherRevenue_019e89e6-13c4-7caa-9052-55e998bda48b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other revenue</link:label>
    <link:label id="lab_ifrs-full_OtherRevenue_label_en-US" xlink:label="lab_ifrs-full_OtherRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherRevenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherRevenue" xlink:to="lab_ifrs-full_OtherRevenue" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_NonControllingInterestPreferredEquity_019e89e6-13c4-72e1-88bb-bd6eafef3128_terseLabel_en-US" xlink:label="lab_bn_NonControllingInterestPreferredEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest - preferred equity</link:label>
    <link:label id="lab_bn_NonControllingInterestPreferredEquity_label_en-US" xlink:label="lab_bn_NonControllingInterestPreferredEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interest - preferred equity</link:label>
    <link:label id="lab_bn_NonControllingInterestPreferredEquity_documentation_en-US" xlink:label="lab_bn_NonControllingInterestPreferredEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-controlling interest - preferred equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_NonControllingInterestPreferredEquity" xlink:href="bn-20260630.xsd#bn_NonControllingInterestPreferredEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_NonControllingInterestPreferredEquity" xlink:to="lab_bn_NonControllingInterestPreferredEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement_019e89e6-158c-73b6-9297-1c704f90f853_terseLabel_en-US" xlink:label="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Exercise Price Of Share Options Granted And Reinvested (in dollars per share)</link:label>
    <link:label id="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement_label_en-US" xlink:label="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Exercise Price Of Share Options Granted And Reinvested In Share-Based Payment Arrangement</link:label>
    <link:label id="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement_documentation_en-US" xlink:label="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted Average Exercise Price Of Share Options Granted And Reinvested In Share-Based Payment Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:href="bn-20260630.xsd#bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:to="lab_bn_WeightedAverageExercisePriceOfShareOptionsGrantedAndReinvestedInShareBasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_FundsFromOperationsFromEquityAccountedInvestments_019e89e6-1500-71f6-8440-02099c6f9f57_terseLabel_en-US" xlink:label="lab_bn_FundsFromOperationsFromEquityAccountedInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds From Operations From Equity Accounted Investments</link:label>
    <link:label id="lab_bn_FundsFromOperationsFromEquityAccountedInvestments_label_en-US" xlink:label="lab_bn_FundsFromOperationsFromEquityAccountedInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds From Operations From Equity Accounted Investments</link:label>
    <link:label id="lab_bn_FundsFromOperationsFromEquityAccountedInvestments_documentation_en-US" xlink:label="lab_bn_FundsFromOperationsFromEquityAccountedInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds From Operations From Equity Accounted Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_FundsFromOperationsFromEquityAccountedInvestments" xlink:href="bn-20260630.xsd#bn_FundsFromOperationsFromEquityAccountedInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_FundsFromOperationsFromEquityAccountedInvestments" xlink:to="lab_bn_FundsFromOperationsFromEquityAccountedInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_019e89e6-1500-7680-b8a7-ea40b5180e45_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected dividend as percentage, share options granted</link:label>
    <link:label id="lab_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_label_en-US" xlink:label="lab_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected dividend as percentage, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="lab_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CommonClassA1Member_019e89e6-1474-7650-8a3a-aea5a571043b_terseLabel_en-US" xlink:label="lab_bn_CommonClassA1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Class A</link:label>
    <link:label id="lab_bn_CommonClassA1Member_019e89e6-1474-7b14-989e-c01bb63b0166_verboseLabel_en-US" xlink:label="lab_bn_CommonClassA1Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Class A shares</link:label>
    <link:label id="lab_bn_CommonClassA1Member_label_en-US" xlink:label="lab_bn_CommonClassA1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class A1 [Member]</link:label>
    <link:label id="lab_bn_CommonClassA1Member_documentation_en-US" xlink:label="lab_bn_CommonClassA1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Class A1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CommonClassA1Member" xlink:href="bn-20260630.xsd#bn_CommonClassA1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CommonClassA1Member" xlink:to="lab_bn_CommonClassA1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherComprehensiveIncomeofassociateorjointventure_019e89e6-13c4-74d1-b013-cb91b30666a5_terseLabel_en-US" xlink:label="lab_bn_OtherComprehensiveIncomeofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income of associate or joint venture</link:label>
    <link:label id="lab_bn_OtherComprehensiveIncomeofassociateorjointventure_label_en-US" xlink:label="lab_bn_OtherComprehensiveIncomeofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income of associate or joint venture</link:label>
    <link:label id="lab_bn_OtherComprehensiveIncomeofassociateorjointventure_documentation_en-US" xlink:label="lab_bn_OtherComprehensiveIncomeofassociateorjointventure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income of associate or joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherComprehensiveIncomeofassociateorjointventure" xlink:href="bn-20260630.xsd#bn_OtherComprehensiveIncomeofassociateorjointventure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherComprehensiveIncomeofassociateorjointventure" xlink:to="lab_bn_OtherComprehensiveIncomeofassociateorjointventure" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_019e89e6-158c-74db-81a4-9b936c7fadce_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_019e89e6-1474-7f22-b6d5-4a0ca52fe6e3_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate_019e89e6-1474-7a7d-8c7f-1686a3f81f6c_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income relating to variable lease payments for operating leases that do not depend on index or rate</link:label>
    <link:label id="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate_label_en-US" xlink:label="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income relating to variable lease payments for operating leases that do not depend on index or rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate" xlink:to="lab_ifrs-full_IncomeRelatingToVariableLeasePaymentsForOperatingLeasesThatDoNotDependOnIndexOrRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaid_019e89e6-1474-7d90-9a9e-b48d899af720_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Common equity</link:label>
    <link:label id="lab_ifrs-full_DividendsPaid_label_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends recognised as distributions to owners</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaid" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid" xlink:to="lab_ifrs-full_DividendsPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_019e89e6-13c4-7233-a96a-84a09a4e318e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_019e89e6-158c-7eb5-bbbb-1fc9f4931b30_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-controlling interests [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-controlling interests [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherAsiaMember_019e89e6-1474-78cf-aa3c-69d0cbf0e736_terseLabel_en-US" xlink:label="lab_bn_OtherAsiaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Asia</link:label>
    <link:label id="lab_bn_OtherAsiaMember_label_en-US" xlink:label="lab_bn_OtherAsiaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Asia [Member]</link:label>
    <link:label id="lab_bn_OtherAsiaMember_documentation_en-US" xlink:label="lab_bn_OtherAsiaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Asia</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherAsiaMember" xlink:href="bn-20260630.xsd#bn_OtherAsiaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherAsiaMember" xlink:to="lab_bn_OtherAsiaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageMember_019e89e6-1474-7442-b4ef-37f5ec2c41d2_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageMember_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageMember" xlink:to="lab_ifrs-full_WeightedAverageMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A600234SeniorNotesDue2032Member_019e89e6-1500-73ff-9ffe-7e51fffea189_terseLabel_en-US" xlink:label="lab_bn_A600234SeniorNotesDue2032Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$600 2.34% Senior Notes Due 2032</link:label>
    <link:label id="lab_bn_A600234SeniorNotesDue2032Member_label_en-US" xlink:label="lab_bn_A600234SeniorNotesDue2032Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$600 2.34% Senior Notes Due 2032 [Member]</link:label>
    <link:label id="lab_bn_A600234SeniorNotesDue2032Member_documentation_en-US" xlink:label="lab_bn_A600234SeniorNotesDue2032Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">$600 2.34% Senior Notes Due 2032</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A600234SeniorNotesDue2032Member" xlink:href="bn-20260630.xsd#bn_A600234SeniorNotesDue2032Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A600234SeniorNotesDue2032Member" xlink:to="lab_bn_A600234SeniorNotesDue2032Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeDomain_019e89e6-1474-7d29-879c-2a0309d92aca_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:label id="lab_ifrs-full_RangeDomain_label_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeDomain" xlink:to="lab_ifrs-full_RangeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ImpairmentMember_019e89e6-13c4-7741-93c3-4b026828ca82_netLabel_en-US" xlink:label="lab_bn_ImpairmentMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Impairment and provisions</link:label>
    <link:label id="lab_bn_ImpairmentMember_label_en-US" xlink:label="lab_bn_ImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment [Member]</link:label>
    <link:label id="lab_bn_ImpairmentMember_documentation_en-US" xlink:label="lab_bn_ImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impairment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ImpairmentMember" xlink:href="bn-20260630.xsd#bn_ImpairmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ImpairmentMember" xlink:to="lab_bn_ImpairmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_019e89e6-13c4-745d-b435-d1980735a0d1_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments designated as hedging instruments, at fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments designated as hedging instruments, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="lab_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PreviouslyStatedMember_019e89e6-1500-7962-b479-060549802312_terseLabel_en-US" xlink:label="lab_ifrs-full_PreviouslyStatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Previously stated</link:label>
    <link:label id="lab_ifrs-full_PreviouslyStatedMember_label_en-US" xlink:label="lab_ifrs-full_PreviouslyStatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Previously stated [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PreviouslyStatedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PreviouslyStatedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PreviouslyStatedMember" xlink:to="lab_ifrs-full_PreviouslyStatedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_019e89e6-13c4-7081-914b-c873c0b8476f_totalLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expense arising from share-based payment transactions</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CashAndCashEquivalents1Member_019e89e6-13c4-769a-9756-74ff31999abb_terseLabel_en-US" xlink:label="lab_bn_CashAndCashEquivalents1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash And Cash Equivalents1</link:label>
    <link:label id="lab_bn_CashAndCashEquivalents1Member_019e89e6-13c4-7789-b740-a0e31a2f8f3d_verboseLabel_en-US" xlink:label="lab_bn_CashAndCashEquivalents1Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_bn_CashAndCashEquivalents1Member_label_en-US" xlink:label="lab_bn_CashAndCashEquivalents1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash And Cash Equivalents1 [Member]</link:label>
    <link:label id="lab_bn_CashAndCashEquivalents1Member_documentation_en-US" xlink:label="lab_bn_CashAndCashEquivalents1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash And Cash Equivalents1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CashAndCashEquivalents1Member" xlink:href="bn-20260630.xsd#bn_CashAndCashEquivalents1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CashAndCashEquivalents1Member" xlink:to="lab_bn_CashAndCashEquivalents1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_Sharebasedawardsholdperiod_019e89e6-1474-74c8-b2aa-9d8fb0d0238a_terseLabel_en-US" xlink:label="lab_bn_Sharebasedawardsholdperiod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share based awards, hold period</link:label>
    <link:label id="lab_bn_Sharebasedawardsholdperiod_label_en-US" xlink:label="lab_bn_Sharebasedawardsholdperiod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share based awards, hold period</link:label>
    <link:label id="lab_bn_Sharebasedawardsholdperiod_documentation_en-US" xlink:label="lab_bn_Sharebasedawardsholdperiod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share based awards, hold period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_Sharebasedawardsholdperiod" xlink:href="bn-20260630.xsd#bn_Sharebasedawardsholdperiod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_Sharebasedawardsholdperiod" xlink:to="lab_bn_Sharebasedawardsholdperiod" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals_019e89e6-1474-789b-ba8f-abb87bfd9bf4_negatedTerseLabel_en-US" xlink:label="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Additions, net</link:label>
    <link:label id="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals_label_en-US" xlink:label="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases, Fair Value Measurement, Assets, Net Of Disposals</link:label>
    <link:label id="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals_documentation_en-US" xlink:label="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchases, Fair Value Measurement, Assets, Net Of Disposals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals" xlink:href="bn-20260630.xsd#bn_PurchasesFairValueMeasurementAssetsNetOfDisposals"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals" xlink:to="lab_bn_PurchasesFairValueMeasurementAssetsNetOfDisposals" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PowerhousesMember_019e89e6-1500-7bb8-b52e-c04b03cffee8_terseLabel_en-US" xlink:label="lab_bn_PowerhousesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Powerhouses [Member]</link:label>
    <link:label id="lab_bn_PowerhousesMember_label_en-US" xlink:label="lab_bn_PowerhousesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Powerhouses [Member]</link:label>
    <link:label id="lab_bn_PowerhousesMember_documentation_en-US" xlink:label="lab_bn_PowerhousesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Powerhouses [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PowerhousesMember" xlink:href="bn-20260630.xsd#bn_PowerhousesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PowerhousesMember" xlink:to="lab_bn_PowerhousesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfProductsAndServicesTable_019e89e6-1500-7dae-8348-0bfc8e10bde5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProductsAndServicesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of products and services [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfProductsAndServicesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProductsAndServicesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of products and services [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProductsAndServicesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProductsAndServicesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProductsAndServicesTable" xlink:to="lab_ifrs-full_DisclosureOfProductsAndServicesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_SubsidiaryBorrowingsMember_019e89e6-13c4-7f64-ac66-9f2d7168a67d_terseLabel_en-US" xlink:label="lab_bn_SubsidiaryBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary borrowings</link:label>
    <link:label id="lab_bn_SubsidiaryBorrowingsMember_label_en-US" xlink:label="lab_bn_SubsidiaryBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary Borrowings [Member]</link:label>
    <link:label id="lab_bn_SubsidiaryBorrowingsMember_documentation_en-US" xlink:label="lab_bn_SubsidiaryBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiary Borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_SubsidiaryBorrowingsMember" xlink:href="bn-20260630.xsd#bn_SubsidiaryBorrowingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_SubsidiaryBorrowingsMember" xlink:to="lab_bn_SubsidiaryBorrowingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AddressTypeDomain_019e89e6-1500-7fcc-89de-18691292afce_terseLabel_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:label id="lab_dei_AddressTypeDomain_label_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AddressTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OwnershipChangesMember_019e89e6-1474-7e6d-8309-b3034f298f60_terseLabel_en-US" xlink:label="lab_bn_OwnershipChangesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership Changes1&#160;</link:label>
    <link:label id="lab_bn_OwnershipChangesMember_label_en-US" xlink:label="lab_bn_OwnershipChangesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership Changes [Member]</link:label>
    <link:label id="lab_bn_OwnershipChangesMember_documentation_en-US" xlink:label="lab_bn_OwnershipChangesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ownership Changes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OwnershipChangesMember" xlink:href="bn-20260630.xsd#bn_OwnershipChangesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OwnershipChangesMember" xlink:to="lab_bn_OwnershipChangesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_A750400UnsecuredNotesDue2024Member_019e89e6-158d-7156-b32a-2bcc83f61aba_terseLabel_en-US" xlink:label="lab_bn_A750400UnsecuredNotesDue2024Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$750 4.00% Unsecured Notes Due 2024</link:label>
    <link:label id="lab_bn_A750400UnsecuredNotesDue2024Member_label_en-US" xlink:label="lab_bn_A750400UnsecuredNotesDue2024Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">$750 4.00% Unsecured Notes Due 2024 [Member]</link:label>
    <link:label id="lab_bn_A750400UnsecuredNotesDue2024Member_documentation_en-US" xlink:label="lab_bn_A750400UnsecuredNotesDue2024Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Notes Due 2024 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_A750400UnsecuredNotesDue2024Member" xlink:href="bn-20260630.xsd#bn_A750400UnsecuredNotesDue2024Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_A750400UnsecuredNotesDue2024Member" xlink:to="lab_bn_A750400UnsecuredNotesDue2024Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_019e89e6-1500-76a9-ab33-2b08cfa34017_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EQUITY ACCOUNTED INVESTMENTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of investments accounted for using equity method [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements_019e89e6-1474-729a-bcb7-2bdfd528d747_terseLabel_en-US" xlink:label="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes</link:label>
    <link:label id="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements_019e89e6-1474-7844-b3ba-b7c3f6d3b86d_negatedTerseLabel_en-US" xlink:label="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes</link:label>
    <link:label id="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements_019e89e6-1474-7ae2-b645-290a852f2cfe_verboseLabel_en-US" xlink:label="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value changes in net income</link:label>
    <link:label id="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements_label_en-US" xlink:label="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Profit Or Loss, Fair Value Measurements</link:label>
    <link:label id="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements_documentation_en-US" xlink:label="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Profit Or Loss, Fair Value Measurements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:href="bn-20260630.xsd#bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:to="lab_bn_GainsLossesRecognisedInProfitOrLossFairValueMeasurements" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_CoreOfficeMember_019e89e6-13c4-7399-8bd9-167148d4d1bf_terseLabel_en-US" xlink:label="lab_bn_CoreOfficeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Core office</link:label>
    <link:label id="lab_bn_CoreOfficeMember_label_en-US" xlink:label="lab_bn_CoreOfficeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Core Office [Member]</link:label>
    <link:label id="lab_bn_CoreOfficeMember_documentation_en-US" xlink:label="lab_bn_CoreOfficeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Core Office [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_CoreOfficeMember" xlink:href="bn-20260630.xsd#bn_CoreOfficeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_CoreOfficeMember" xlink:to="lab_bn_CoreOfficeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_019e89e6-1500-7ee8-a60f-bf9bba24d40f_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityDomain_019e89e6-13c4-7149-b2da-a787437dbdc1_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:label id="lab_ifrs-full_MaturityDomain_label_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityDomain" xlink:to="lab_ifrs-full_MaturityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_019e89e6-13c4-7da9-9fe9-72676781d78e_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ORGANIZATION AND CAPITAL MANAGEMENT</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for issued capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory_019e89e6-1474-74f0-8399-b3283256f6b3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of interests in subsidiaries [text block]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interests in subsidiaries [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_019e89e6-158c-7bcd-a69d-1e822107e0f1_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">SUBSIDIARIES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_019e89e6-158c-7716-b6e8-73c1f09fd73f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUBSIDIARY PUBLIC ISSUERS AND FINANCE SUBSIDIARY</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_019e89e6-13c4-70eb-b21d-c05bd3b5c5bb_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_019e89e6-13c4-799e-b8d6-672139fb19ad_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals_019e89e6-1500-7a0c-bd39-bc06c76a53ba_negatedTerseLabel_en-US" xlink:label="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Additions, net</link:label>
    <link:label id="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals_label_en-US" xlink:label="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases, Fair Value Measurement, Liabilities, Net Of Disposals</link:label>
    <link:label id="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals_documentation_en-US" xlink:label="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchases, Fair Value Measurement, Liabilities, Net Of Disposals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals" xlink:href="bn-20260630.xsd#bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals" xlink:to="lab_bn_PurchasesFairValueMeasurementLiabilitiesNetOfDisposals" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_019e89e6-1500-7c57-9676-62515886c28d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_ExercisePriceRangeFiveMember_019e89e6-1500-78da-b408-59eabef86e92_terseLabel_en-US" xlink:label="lab_bn_ExercisePriceRangeFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise Price Range Five [Member]</link:label>
    <link:label id="lab_bn_ExercisePriceRangeFiveMember_label_en-US" xlink:label="lab_bn_ExercisePriceRangeFiveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise Price Range Five [Member]</link:label>
    <link:label id="lab_bn_ExercisePriceRangeFiveMember_documentation_en-US" xlink:label="lab_bn_ExercisePriceRangeFiveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exercise Price Range Five [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_ExercisePriceRangeFiveMember" xlink:href="bn-20260630.xsd#bn_ExercisePriceRangeFiveMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_ExercisePriceRangeFiveMember" xlink:to="lab_bn_ExercisePriceRangeFiveMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AtFairValueMember_019e89e6-158d-7f0e-9fe4-a5d8ff5b3874_terseLabel_en-US" xlink:label="lab_ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At fair value</link:label>
    <link:label id="lab_ifrs-full_AtFairValueMember_label_en-US" xlink:label="lab_ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At fair value [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AtFairValueMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AtFairValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AtFairValueMember" xlink:to="lab_ifrs-full_AtFairValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_019e89e6-1500-7ccc-b60a-24e272f07a92_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of basic and diluted earnings per share</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareExplanatory" xlink:to="lab_ifrs-full_EarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_BrookfieldFinanceLLCIIMember_019e89e6-1500-72fd-908c-42c8edddbd5d_terseLabel_en-US" xlink:label="lab_bn_BrookfieldFinanceLLCIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brookfield Finance LLC II [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceLLCIIMember_label_en-US" xlink:label="lab_bn_BrookfieldFinanceLLCIIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brookfield Finance LLC II [Member]</link:label>
    <link:label id="lab_bn_BrookfieldFinanceLLCIIMember_documentation_en-US" xlink:label="lab_bn_BrookfieldFinanceLLCIIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brookfield Finance LLC II</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_BrookfieldFinanceLLCIIMember" xlink:href="bn-20260630.xsd#bn_BrookfieldFinanceLLCIIMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_BrookfieldFinanceLLCIIMember" xlink:to="lab_bn_BrookfieldFinanceLLCIIMember" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_U.S.TermDebtMaturingOnJune142033Member_019e89e6-158c-75d6-b95e-60bf2b64533b_terseLabel_en-US" xlink:label="lab_bn_U.S.TermDebtMaturingOnJune142033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Term Debt Maturing On June 14, 2033</link:label>
    <link:label id="lab_bn_U.S.TermDebtMaturingOnJune142033Member_label_en-US" xlink:label="lab_bn_U.S.TermDebtMaturingOnJune142033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U.S. Term Debt Maturing On June 14, 2033 [Member]</link:label>
    <link:label id="lab_bn_U.S.TermDebtMaturingOnJune142033Member_documentation_en-US" xlink:label="lab_bn_U.S.TermDebtMaturingOnJune142033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">U.S. Term Debt Maturing On June 14, 2033</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_U.S.TermDebtMaturingOnJune142033Member" xlink:href="bn-20260630.xsd#bn_U.S.TermDebtMaturingOnJune142033Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_U.S.TermDebtMaturingOnJune142033Member" xlink:to="lab_bn_U.S.TermDebtMaturingOnJune142033Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_019e89e6-1474-77c1-af81-720d2acbd951_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LoansToGovernmentMember_019e89e6-1500-73dc-8eab-743d4639a173_verboseLabel_en-US" xlink:label="lab_ifrs-full_LoansToGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans to government [member]</link:label>
    <link:label id="lab_ifrs-full_LoansToGovernmentMember_019e89e6-1500-72e7-986f-bd16962d0898_terseLabel_en-US" xlink:label="lab_ifrs-full_LoansToGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Government bonds</link:label>
    <link:label id="lab_ifrs-full_LoansToGovernmentMember_label_en-US" xlink:label="lab_ifrs-full_LoansToGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans to government [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LoansToGovernmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LoansToGovernmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoansToGovernmentMember" xlink:to="lab_ifrs-full_LoansToGovernmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_019e89e6-1474-7c54-85c0-e3a1f5b32ba7_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable_019e89e6-1474-7f27-ba89-91b254bfedd0_terseLabel_en-US" xlink:label="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurements Of Assets And Liabilities [Table] [Table]</link:label>
    <link:label id="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable_label_en-US" xlink:label="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurements Of Assets And Liabilities [Table] [Table]</link:label>
    <link:label id="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable_documentation_en-US" xlink:label="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurements Of Assets And Liabilities [Table] [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable" xlink:href="bn-20260630.xsd#bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable" xlink:to="lab_bn_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementsOfAssetsAndLiabilitiesTableTable" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_OtherAssetsAndLiabilities_019e89e6-1500-7dfc-b090-e4c036822ae0_terseLabel_en-US" xlink:label="lab_bn_OtherAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets and Liabilities</link:label>
    <link:label id="lab_bn_OtherAssetsAndLiabilities_label_en-US" xlink:label="lab_bn_OtherAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets and Liabilities</link:label>
    <link:label id="lab_bn_OtherAssetsAndLiabilities_documentation_en-US" xlink:label="lab_bn_OtherAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Assets and Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_OtherAssetsAndLiabilities" xlink:href="bn-20260630.xsd#bn_OtherAssetsAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_OtherAssetsAndLiabilities" xlink:to="lab_bn_OtherAssetsAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_bn_IndirectOwnershipAxis_019e89e6-1474-7959-96d4-bed11676be70_terseLabel_en-US" xlink:label="lab_bn_IndirectOwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indirect ownership [Axis]</link:label>
    <link:label id="lab_bn_IndirectOwnershipAxis_label_en-US" xlink:label="lab_bn_IndirectOwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indirect ownership [Axis]</link:label>
    <link:label id="lab_bn_IndirectOwnershipAxis_documentation_en-US" xlink:label="lab_bn_IndirectOwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indirect ownership</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bn_IndirectOwnershipAxis" xlink:href="bn-20260630.xsd#bn_IndirectOwnershipAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bn_IndirectOwnershipAxis" xlink:to="lab_bn_IndirectOwnershipAxis" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
