Bill Morneau has resigned as finance minister, and will also step down as the MP for Toronto Centre after having met with Prime Minister Justin Trudeau earlier today to hand in his resignation. He said it was time for a new finance minister to carry Canada forward as it continues to battle the economic realities of the pandemic. He remains finance minister until a successor is appointed to replace him. Watch: Watch Bill Morneau's full press conference:Bill Morneau, who has been Canada's finance minister for nearly five years, takes questions after announcing his resignation. "Let's not forget that this prime minister is under his third investigation for breaking ethics rules — and he was found guilty for the first two.

Source: CBC News August 17, 2020 23:08 UTC