Thursday, June 18, 2026
ADVT 
National

Bill Morneau drops out of OECD campaign

Darpan News Desk The Canadian Press, 26 Jan, 2021 07:54 PM
  • Bill Morneau drops out of OECD campaign

Former finance minister Bill Morneau says he is dropping out of the race to become secretary-general of the Organization for Economic Co-operation and Development.

In a statement on Twitter today, Morneau says he did not have enough support from member countries to make it to the third round of the campaign.

Morneau, who became Trudeau's finance minister after the Liberals won the 2015 election, abruptly resigned from cabinet and as an MP last August.

At the time, he said he would put his name forward as a candidate to succeed Angel Gurria as the next secretary-general of the OECD.

But he was also facing opposition calls for his resignation over allegations that he had a conflict of interest in the WE Charity affair after he revealed the organization had paid for two trips he and his family took to Kenya and Ecuador in 2017.

The federal ethics watchdog has cleared Morneau of failing to disclose a gift from WE Charity but continues to probe whether he breached the Conflict of Interest Act by failing to recuse himself from the cabinet decision to pay the charity $43.5 million to manage a since-cancelled student grant program.

MORE National ARTICLES

Canada a series of 'regional epidemics,' top doctor says as provinces hit snags

Canada a series of 'regional epidemics,' top doctor says as provinces hit snags
Different regions face distinct challenges in emerging from COVID-19 lockdowns, Canada's top public health doctor noted Thursday as New Brunswick had to suspend its legislature, Ontario saw a jump in cases and Manitoba grappled with loosening restrictions on gatherings.

Canada a series of 'regional epidemics,' top doctor says as provinces hit snags

Cash Exodus: COVID-19 pandemic could accelerate shift to cashless, experts say

Cash Exodus: COVID-19 pandemic could accelerate shift to cashless, experts say
Some businesses reopening with pandemic protocols in place have said they won't accept cash for the time being, potentially accelerating what the Bank of Canada describes as a decade-long shift away from the banknote.

Cash Exodus: COVID-19 pandemic could accelerate shift to cashless, experts say

Trudeau calls for global response to heal COVID-19's economic damage

Trudeau calls for global response to heal COVID-19's economic damage
Prime Minister Justin Trudeau opened a major United Nations' conference this morning saying a co-ordinated response is necessary for the global economy to recover from the COVID-19 pandemic.

Trudeau calls for global response to heal COVID-19's economic damage

USMCA poised for star turn in trade spotlight as White House sours on China

USMCA poised for star turn in trade spotlight as White House sours on China
If trade deals were football players, Canada's agreement with the United States and Mexico would have been considered a second-stringer a year ago compared to President Donald Trump's original Hail Mary effort to secure a new pact with China.

USMCA poised for star turn in trade spotlight as White House sours on China

Canada's vulnerable to money laundering on par with similar countries: expert

Canada's vulnerable to money laundering on par with similar countries: expert
A senior police officer from the United Kingdom who specializes in money laundering says he believes Canada is no more vulnerable to the crime than other Western jurisdictions.

Canada's vulnerable to money laundering on par with similar countries: expert

Canada, allies condemn China on Hong Kong law after contentious Meng ruling

Canada, allies condemn China on Hong Kong law after contentious Meng ruling
Canada joined with its major allies Thursday in condemning China for imposing a new national security law on Hong Kong, one day after a contentious B.C. court ruling in the Meng Wanzhou affair.

Canada, allies condemn China on Hong Kong law after contentious Meng ruling