Bill Morneau has resigned.
He announced Monday night on Parliament Hill that he is stepping down from his post as Canada’s finance minister and as Member of Parliament for Toronto Centre.
Morneau had served as Canada’s finance minister under Prime Minister Justin Trudeau since 2015.
Morneau has also announced that he will put forward his name as a candidate to be the next Secretary General of the Organisation for Economic Co-operation and Development (OECD).
The Prime Minister has released a statement, saying “I want to thank Bill for everything he has done to improve the quality of life of Canadians and make our country a better and fairer place to live.”
He added, “I have counted on his leadership, advice, and close friendship over the years and I look forward to that continuing well into the future.”
However, Morneau has been reportedly clashing with Trudeau recently over funding for proposed green initiatives and COVID-19 spending.
Morneau also came under fire last month after admitting to accepting more than $40,000 from WE Charity in 2017.
He paid it back in July.
My full statement on Minister Morneau’s resignation: https://t.co/SxITjIbPUZ
— Justin Trudeau (@JustinTrudeau) August 17, 2020
Bill Morneau, announcing that he is stepping down as finance minister and MP for Toronto Centre, says he will be putting his name forward to be the next secretary general of the OECD. "The prime minister has given me his full support in this quest," he says. #cdnpoli https://t.co/4dbhjA46EZ
— CPAC (@CPAC_TV) August 17, 2020