Bill Morneau

Bill Morneau
Minister of Finance
In office
November 4, 2015 – August 17, 2020
Prime MinisterJustin Trudeau
Preceded byJoe Oliver
Succeeded byChrystia Freeland
Member of Parliament
for Toronto Centre
In office
October 19, 2015 – August 17, 2020
Preceded byChrystia Freeland
Succeeded byMarci Ien
Personal details
Born
William Francis Morneau Jr.

(1962-10-07) October 7, 1962 (age 62)
Toronto, Ontario, Canada
Political partyLiberal
SpouseNancy McCain
RelativesEleanore A. Cronk (aunt)
EducationUniversity of Western Ontario (BA)
INSEAD (MBA)
London School of Economics (MSc)

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.

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]

  1. ^ "A CEO, but not exactly a Bay Street guy: Bill Morneau's path to becoming Canada's finance minister". Financial Post. Archived from the original on November 18, 2015. Retrieved March 23, 2017.
  2. ^ Morneau, Bill (2023). Where To From Here: A Path To Canadian Prosperity. Canada: ECW Press. ISBN 978-1770417144.