Morneau finally did the right thing, placing his substantial assets in a blind trust and announcing he would begin divesting his interest in the family business, Morneau Shepell. What if the Globe and Mail had not found that Morneau’s substantial holdings were not in a blind trust? Why did he tell the CBC shortly after his election that he was going to put his assets in a blind trust? And why did Morneau Shepell believe his assets were in a blind trust? When he left Morneau Shepell, he held 2.2 million shares in the company, but Thursday said he had about a million shares.

Source: thestar October 19, 2017 21:00 UTC