OTTAWA — 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...
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August 17, 2020August 17, 2020Canadian News, Main, Politics
Finance Minister Bill Morneau resigns, plans to run for head of OECD
OTTAWA — Bill Morneau is resigning as the federal minister of finance and a Liberal MP. Morneau says he is putting his name forward as a candidate to be the next secretary general of the Organization for Economic Co-operation and Development. Prime Minister Justin Trudeau says he accepted Morneau’s resignation earlier Monday and that Canada would “vigorously...
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March 24, 2020March 24, 2020Business, Canadian News, Main
Business, labour groups say Liberals’ COVID-19 wage subsidy too little to help
Stimulus bill contains provisions for a 10 percent wage subsidy for 90 days, up to a maximum of $1,375 per employee and $25,000 per business. OTTAWA — The federal government’s planned wage subsidy for businesses hit hard by COVID-19 is being panned this morning by a voice for thousands of small businesses and a major union. The...