Monday, July 27, 2020

THE PRIVILEGED LIFE OF BILL MORNEAU

Do finance ministers have to disclose financial wealth?
Yes. The trouble with Morneau is, there is so much of it, and a history of transparency failure. He blamed the villa episode on an oversight. In October, 2015, soon after winning his riding of Toronto Centre, he resigned as executive chairman to become finance minister. “I suspect all my assets will go into a blind trust,” he told CBC at the time. This suspicion would later prove dramatically wrong, at least temporarily, until the politics of his vast wealth got too hot.

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