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Ethics commissioner clears Morneau of wrongdoing in share sale

By Marco Vigliotti      

The Conflict of Interest Act bars public office holders from using insider information not available to the public for personal benefit, though Ethics Commissioner Mary Dawson ruled that this 'was not the case' in regards to Finance Minister Bill Morneau’s sale of shares in family-owned Morneau Shepell.

Finance Minister Bill Morneau has been cleared of any wrongdoing related to his sale of shares in Morneau Shepell in November 2015. The Hill Times photograph by Andrew Meade
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Ethics Commissioner Mary Dawson has cleared Finance Minister Bill Morneau of any wrongdoing related to his sale of Morneau Shepell shares in late 2015, saying a high-income earner tax hike proposed by the Liberals that could have affected share prices was publicly announced weeks before the sale date. In a letter sent to Mr. Morneau (Toronto Centre, Ont.), Ms. Dawson wrote that then-government House leader Dominic LeBlanc (Beauséjour, N.B.) announced in a media interview on Nov. 4, 2015

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