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Canada finance minister announces his resignation | Malay Mail

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OTTAWA, Aug 18 — Canada's finance minister Bill Morneau announced his resignation yesterday, on the heels of an ethics scandal and amid a reported split with Prime Minister Justin Trudeau over pandemic spending. Morneau, who has held the post since 2015, told a news conference that he met with...

Canada's Minister of Finance Bill Morneau answers a question in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada July 8, 2020. — Reuters pic

“As we move to the next phase of our fight against the pandemic and pave the road towards economic recovery, we must recognise that this process will take many years, it's the right time for a new finance minister to deliver on that plan for the long and challenging road ahead,” Morneau said.Morneau said he would now run for the job of secretary general of the Organisation for Economic Co-operation and Development .

Trudeau is also being probed over his family ties to the WE Charity, which paid his wife, brother and mother nearly C$300,000 for speaking engagements in recent years. The scandal has damaged Trudeau's minority government in public opinion polls, but his Liberal party is still positioned well for an early election, according to recent polls.

The finance post is one of the most important in government as the country goes through the most serious economic crisis since World War II.

 

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