Replica Hermes Handbags Replica Hermes Handbags Replica Hermes SubscriptionsGo to the Subscriptions Centre to manage your:My ProfileFinance Minister Bill Morneau is placing his assets in a blind trust and divesting shares in his family built company to calm a growing ethics controversy over his personal holdings.During a news conference on Parliament Hill, Morneau said he will unload the million shares, worth about $20 million, he has in Morneau Shepell, the human resources and pension management company his father founded.His other assets will be placed in a blind trust in order to avoid any public perception of conflict of interest, he said.He has been under fire since the Globe and Mail reported Monday that Morneau did not put his business assets into a blind trust. That led opposition critics to accuse him of conflict of interest in sponsoring legislation involving private pensions, C 27, that could benefit him financially.Earlier today, Morneau insisted he sought and followed advice from the federal ethics commissioner “to the letter.”Morneau to meet with ethics watchdogTrudeau leaps to Morneau’s defenceMorneau climbs down on tax proposalBut he said mounting questions this week reflected the need to take additional steps.”I need to do more,” he said. “As minister of finance, in this role, it’s important to make sure people have absolute confidence.”Morneau, who will deliver his Fall Economic Statement October 24, said that as the process of divesting shares unfolds, a conflict of interest screen will remain in place.Going ‘above and beyond’He released a letter from Conflict of Interest and Ethics Commissioner Mary Dawson written after he was appointed to cabinet, and said her recommendations formed the basis of his approach.
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