Close X
Sunday, November 17, 2024
ADVT 
National

Bill Morneau leaves as suddenly as he arrived

Darpan News Desk The Canadian Press, 18 Aug, 2020 06:52 PM
  • Bill Morneau leaves as suddenly as he arrived

William Francis Morneau leaves federal politics as suddenly as he burst onto the Ottawa scene less than five years ago.

In November 2015, the newly elected Liberal member for Toronto Centre became the first rookie MP in nearly a century to step into the high-profile and demanding role of finance minister.

He set about implementing pillars of Prime Minister Justin Trudeau's economic platform, including tax cuts for the middle class, the new Canada Child Benefit and a revamped Canada Pension Plan.

Morneau brought ample experience as a business leader and volunteer to the role.

He took the reins of the family business from his father, growing human resources firm Morneau Shepell to 4,000 employees from just 200.

Morneau was also a keen supporter of the arts, and worked to help at-risk youth and ensure better access to health care and education. He also helped found a school for Somali and Sudanese girls at a United Nations High Commissioner for Refugees camp in northern Kenya.

In the rough-and-tumble world of parliamentary politics, the deliberate and thoughtful finance minister was forced to learn fast.

While still honing his political chops, he rarely seemed far from one controversy or another.

It would prompt the opposition to try to paint the wealthy former businessman as out of touch with the realities of ordinary Canadians.

Morneau's first budget projected years of big deficits despite Trudeau's 2015 election promise to keep annual shortfalls under $10 billion.

A contentious tax-reform plan released in 2017 led to an outcry from enraged business owners, doctors, tax experts and even backbenchers within his own Liberal caucus.

"I've learned from this experience that we have to be very good at communicating to Canadians what it is that we're trying to achieve," Morneau said at the time.

There were also questions that year about the minister's personal assets.

The federal ethics commissioner of the day fined Morneau $200 for failing to disclose his role as a director in a private corporation that owns a villa in France. Morneau had disclosed his ownership of the villa to Mary Dawson but, thanks to what his office called an administrative oversight, failed to mention the ownership structure itself.

Criticism intensified when word spread that he hadn't placed his Morneau Shepell holdings into a blind trust after being named to cabinet — a decision Morneau insisted was framed by Dawson's own advice.

In response to the controversy, Morneau sold off the remainder of his Morneau Shepell shares, which were worth about $21 million. He donated to charity the difference between what the shares were worth at the time of the sale and their value in 2015 when he was first elected — estimated at about $5 million — and promised to place his other assets in a blind trust.

In his final months as finance minister, Morneau oversaw massive spending to deal with economic and social fallout from the COVID-19 pandemic.

Morneau and Trudeau are both facing investigations by the new federal ethics watchdog, Mario Dion, for taking part in talks to hand WE Charity a contract to run a pandemic-related student-volunteer program.

One of Morneau's daughters works for the organization, another has spoken at its events and his wife, Nancy McCain, has donated $100,000. Morneau also revealed last month that he had repaid WE some $41,000 in expenses for trips he and his family took in 2017 to view two of its humanitarian projects in Ecuador and Kenya.

In stepping down, the 57-year-old Morneau signalled a need for a new finance minister to take up the challenge of navigating Canada's economy through the shoals of the pandemic.

"I will look forward to watching politics from the outside, and hopefully contributing in another way."

MORE National ARTICLES

UPDATE: Surrey RCMP say 14 year old Arnav Naphar of Surrey found safe and sound

UPDATE: Surrey RCMP say 14 year old Arnav Naphar of Surrey found safe and sound
Surrey RCMP is requesting the public’s assistance in locating a missing young male. Arnav Naphar was last seen at 06:15 PM on May 04, 2020 in the 6500 block of 138 Street in Surrey. He has not been seen or heard from since.

UPDATE: Surrey RCMP say 14 year old Arnav Naphar of Surrey found safe and sound

Federal government earmarking $77M to keep food-processing industry safe

Federal government earmarking $77M to keep food-processing industry safe
Prime Minister Justin Trudeau announced Tuesday more than $77 million to help keep workers in the food-processing industry safe. The news comes as a Cargill meat-packing plant in High River, Alta., south of Calgary, reopened Monday after a two-week shutdown due to a COVID-19 outbreak. More than 900 of its 2,000 workers have tested positive for the novel coronavirus.

Federal government earmarking $77M to keep food-processing industry safe

Federal scientists predict high wildfire risk across Western Canada

Federal scientists predict high wildfire risk across Western Canada
Federal scientists are predicting a higher than average wildfire hazard for almost the entire country this summer. Their annual forecast says the risk will be highest in early summer in Western Canada.

Federal scientists predict high wildfire risk across Western Canada

Americans trust Canadians more than they trust themselves, poll suggests

Americans trust Canadians more than they trust themselves, poll suggests
A new online poll suggests COVID-19 has damaged the trust Canadians have in their American neighbours, while U.S. residents have more faith in their northern counterparts than they do in themselves. The poll from Leger and the Association for Canadian Studies finds only 34 per cent of respondents expressed trust in Americans, compared with 58 per cent from a similar survey in November of last year.    

Americans trust Canadians more than they trust themselves, poll suggests

PM deflects questions about military's delayed confirmation of helicopter crash

PM deflects questions about military's delayed confirmation of helicopter crash
Prime Minister Justin Trudeau deflected questions Tuesday about why it took more than 12 hours for the Canadian Armed Forces to confirm a military helicopter had crashed and when he found out that horrified crew members on board a Halifax-class frigate had watched it go down.

PM deflects questions about military's delayed confirmation of helicopter crash

Scientists concerned focus on COVID-19 disrupting regular health research funds

Scientists concerned focus on COVID-19 disrupting regular health research funds
Canada's health research granting agency has postponed its usual funding competition due to COVID-19, sparking concern the lack of money could disrupt regular health research. The Canadian Institutes of Health Research put off its regular $275 million competition this spring to focus on delivering federal grants related to the novel coronavirus.

Scientists concerned focus on COVID-19 disrupting regular health research funds