Canada finance minister announces his resignation

PBC news, (BSS/AFP) – Canada’s finance minister, Bill Morneau, announced his resignation Monday, on the heels of an ethics scandal and amid a reported split with Prime Minister Justin Trudeau over pandemic spending.

“As we move to the next phase of our fight against the pandemic and pave the road towards economic recovery, we must recognize that this process will take many years, it’s the right time for a new finance minister to deliver on that plan for the long and challenging road ahead,” Morneau told a news conference.

“That’s why I’ll be stepping down as finance minister, and as member of Parliament,” he said.