Bill Morneau
39th Canadian Minister of Finance / From Wikipedia, the free encyclopedia
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William Francis Morneau Jr. PC (born October 7, 1962) is a Canadian businessman and former Liberal Party politician who served as minister of finance and member of Parliament (MP) for Toronto Centre from 2015 to 2020.
Bill Morneau | |
---|---|
Minister of Finance | |
In office November 4, 2015 – August 17, 2020 | |
Prime Minister | Justin Trudeau |
Preceded by | Joe Oliver |
Succeeded by | Chrystia Freeland |
Member of Parliament for Toronto Centre | |
In office October 19, 2015 – August 17, 2020 | |
Preceded by | Chrystia Freeland |
Succeeded by | Marci Ien |
Personal details | |
Born | William Francis Morneau Jr. (1962-10-07) October 7, 1962 (age 61) Toronto, Ontario, Canada |
Political party | Liberal |
Spouse | Nancy McCain |
Relatives | Eleanore A. Cronk (aunt) |
Education | University of Western Ontario (BA) INSEAD (MBA) London School of Economics (MSc) |
Morneau was executive chairman of the company founded by his father, and Canada's largest human resources firm, Morneau Shepell (now TELUS Health), and the former chair of the C. D. Howe Institute.[1] He was also the chair of the board at St. Michael's Hospital, and Covenant House. Morneau holds a bachelor of arts (BA) degree from the University of Western Ontario, a master of business administration degree (MBA) from INSEAD, and a master's degree in economics from the London School of Economics.
Morneau was elected to the House of Commons in the 2015 election and was immediately appointed finance minister by Prime Minister Justin Trudeau. As finance minister, Morneau expanded the Canada Pension Plan, introduced the Canada Child Benefit, and oversaw government aid during the first five months of the COVID-19 pandemic. Morneau resigned as finance minister and MP in August 2020 in the wake of the WE Charity scandal.
Morneau has since cited disagreements with Trudeau as the reason for his resignation. Morneau currently serves on the Board of Directors for CIBC, and has authored a book on his time in office, Where To From Here: A Path to Canadian Prosperity.[2]