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Deputy Prime Minister Freeland to replace Bill Morneau as Finance Minister

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Deputy Prime Minister Freeland to replace Bill Morneau as Finance Minister
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Freeland will become the first female Finance Minister in Canadian history

At a late news conference in Ottawa, Mr. Morneau said he was not pushed to step away from his role but rather that he thought there needed to be long-term leadership to guide the country’s finances due to the economic fallout of the pandemic.

He said he had been thinking about the decision for some time and that he intends to put his name forward to become the next Secretary General of the Organization for Economic Development and Co-Operation. Mr. Morneau’s resignation followed a meeting with the Prime Minister on Monday and reports of tension between him and Mr. Morneau. Both are the subject of investigations by the Ethics Commissioner related to a now cancelled contribution agreement with the WE Charity to administer a program for students during the pandemic. Know what is happening in the halls of power with the day’s top political headlines and commentary as selected by Globe editors .Know what is happening in the halls of power with the day’s top political headlines and commentary as selected by Globe editors .

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