Thursday, March 28, 2024
ADVT 
International

Finance Minister Bill Morneau Pledges To Donate Money Earned From Morneau Shepell Shares

Darpan News Desk, 26 Oct, 2017 12:19 PM
    OTTAWA — Finance Minister Bill Morneau says he plans to donate a portion of the proceeds from the sale of his shares in the family business.
     
    Morneau tells the House of Commons he will donate the difference in the value of his Morneau Shepell shares between the date they were sold and the date he was elected in 2015.
     
    Morneau made the announcement as he continued to face Opposition questions about how he handled his personal finances after becoming minister.
     
    He says he informed the federal ethics watchdog of the decision in a meeting with her this morning.
     
     
    Ethics commissioner Mary Dawson said little as she left their meeting and walked to her office across the street from the finance building.
     
    But Morneau told the Commons he gave Dawson assurances that he will sell all of his shares in Morneau Shepell — worth at least $21 million — and put his other assets in a blind trust.
     
    Conservative finance critic Pierre Poilievre responded by asking Morneau to put the funds towards paying down the government's multibillion-dollar deficit.

    MORE International ARTICLES

    How New Security Rules Impact Canadians Flying Into U.S.

    How New Security Rules Impact Canadians Flying Into U.S.
    The U.S. Transportation Security Administration announced in June that there would be heightened security for international flights to the U.S. starting this fall.

    How New Security Rules Impact Canadians Flying Into U.S.

    Indian-Origin Campaigner Gina Miller Named UK's Most Influential Black Person

    Indian-Origin Campaigner Gina Miller Named UK's Most Influential Black Person
    Gina Miller, 52, topped the 2018 'Powerlist' of 100 people of African and African Caribbean heritage, published in London by Powerful Media yesterday.

    Indian-Origin Campaigner Gina Miller Named UK's Most Influential Black Person

    3-Year-Old Sherin Mathews's 'Grieving' Foster Indian Mother Denies Role In Her Death

    3-Year-Old Sherin Mathews's 'Grieving' Foster Indian Mother Denies Role In Her Death
    Sini was "interrogated for hours by several officers with no attorney present" a few days later, as per the statement.  

    3-Year-Old Sherin Mathews's 'Grieving' Foster Indian Mother Denies Role In Her Death

    Sherin Mathews Death Case: Indian-American Foster Father Facing Life Sentence, Say Police

    Sherin Mathews Death Case: Indian-American Foster Father Facing Life Sentence, Say Police
    Wesley has been charged with injury to a child, a felony punishable with a maximum 99 years in prison, Richardson police said.

    Sherin Mathews Death Case: Indian-American Foster Father Facing Life Sentence, Say Police

    New US Memo Makes It Tougher To Renew H-1B Visa

    New US Memo Makes It Tougher To Renew H-1B Visa
    The US Citizenship and Immigration Services (USCIS) said that the burden of proof in establishing H-1B visa eligibility is, at all times, on the petitioner

    New US Memo Makes It Tougher To Renew H-1B Visa

    Australian University Celebrates Unique 'Festival Of India'

    Australian University Celebrates Unique 'Festival Of India'
    The unique festival, October 23-26, showcases not only the country's rich, cultural offerings but also its ground-breaking developments in innovation, finance, scientific research and economic growth.

    Australian University Celebrates Unique 'Festival Of India'

    PrevNext