Bill Morneau
William Francis "Bill" Morneau Jr., PC (born October 7, 1962) is a Canadian businessman and former politician who served as the 39th minister of finance, and represented the riding of Toronto Centre as a member of Parliament (MP) from 2015 as a member of the Liberal Party, until his resignation in 2020.
Morneau was executive chairman of the company founded by his father, and Canada's largest human resources firm, Morneau Shepell, and the former chair of the C. D. Howe Institute. He has also served as the chair of the board at St. Michael's Hospital, and Covenant House. Morneau holds a BA from the University of Western Ontario, an MBA from INSEAD, and an MSc (Econ) from the London School of Economics (LSE).
Morneau was elected to the House of Commons in the 2015 Canadian federal election in Toronto Centre. From November 4, 2015 to August 17, 2020, he served as minister of finance. Between April 26, 2019 and November 20, 2019, Morneau also took on the responsibilities of minister of intergovernmental affairs and internal trade
Morneau's parents are William Francis "Frank" Morneau Sr. who came from Walkerville, Windsor, Ontario, and Helen (Lynch) Morneau, who came from Adjala Township, Alliston, Ontario. Their families had deep roots in both areas. Bill Morneau's father, Frank Morneau, founded the actuarial and benefit consulting firm W.F. Morneau & Associates in 1966.
Morneau was born in Toronto at St. Joseph's Health Centre and attended Senator O'Connor College School.[6] From 1981 to 1986, Morneau attended the University of Western Ontario and completed an Honours BA as an undergraduate, he spent one year at the University of Grenoble in France. He then earned an MBA from INSEAD. Morneau eventually went on to earn an M.Sc. in Economics from the London School of Economics (LSE).
He lives in Toronto with his wife Nancy McCain, a member of the New Brunswick family which owns McCain Foods, and has four children - Henry, Clare, Edward and Grace. Grace is originally from Northern Uganda, and the couple sponsored her to join their family in 2010.
Morneau and his wife are well-known philanthropists with a history of significant donations to international development programs. This has included the founding of a school for refugee girls in Kakuma refugee camp, and the creation of a scholarship program for refugee girls at the University of Toronto.
According to the office of the conflict of interest and ethics commissioner public registry, Morneau's assets are currently held in a blind trust and his wife, Nancy McCain, is the beneficiary and owner of various holding companies
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