• Latest
  • Trending
  • All
  • Canada

Morneau at centre of fiery debate in Commons that leads to Tory MP's ejection

3 years ago

India Covid: Delhi high court criticises 'ridiculous' oxygen shortage

44 mins ago

Detectives recover $90k worth of stolen vehicles

1 hour ago
ADVERTISEMENT

Ohio's Republican governor announces police reform bill

1 hour ago

B.C. museum creating collection of COVID-19 pandemic artifacts for future generations to study

1 hour ago

Don't leave your troll dolls at Troll Falls, Alberta park officials ask

1 hour ago

Legislation requires officers to report excessive force

1 hour ago

Mobile courts still operating well below capacity

1 hour ago

Calgary actually posted $219M surplus in 2020, city says, day after reporting $98M savings

2 hours ago

Sheriff's Office solves cold case from 36 yrs ago

2 hours ago

Tow truck driver saves business from dumpster fire

2 hours ago

Alberta parents, students tire of the off-again, on-again school roller-coaster

2 hours ago

Car crash puts cop and gunshot victim he was helping in same hospital

2 hours ago
  • Go
  • W-World Media Inc.
    • W-World Films
  • ABOUT US
  • CONTACT
Wednesday, April 21, 2021
  • Login
WNews
13 °c
Vancouver
11 ° Thu
11 ° Fri
7 ° Sat
8 ° Sun
  • COVID19Hot
  • World
  • Canada
  • Politics
  • Sports
  • Tech
  • Science
  • Showbiz
No Result
View All Result
WNews
  • COVID19Hot
  • World
  • Canada
  • Politics
  • Sports
  • Tech
  • Science
  • Showbiz
  • Login
No Result
View All Result
WNews
No Result
View All Result
ADVERTISEMENT
Home Politics

Morneau at centre of fiery debate in Commons that leads to Tory MP's ejection

by andy blatchford
November 30, 2017
in Politics
Reading Time: 3 mins read
0 0
A A
0
0
SHARES
0
VIEWS
Share on Facebook

Finance Minister Bill Morneau found himself fending off fresh Opposition broadsides Thursday during another fiery question period — this one so heated that one Conservative MP was booted from the House of Commons.

Morneau has been at the centre of an ethics controversy for weeks, and the latest questions were focused on new revelations his father sold off about $1.5 million shares in their family-built company right before the minister made a major 2015 tax-change announcement.

Opposition MPs say they believe the tax news led to a dip in the stock market — including the value of Morneau Shepell shares.

All week, the Conservatives and the New Democrats have been grilling the Liberals about Morneau’s late-2015 sale of millions of dollars worth of his own shares in Morneau Shepell Inc. — a transaction that took place days before the Dec. 7 announcement. They insist the early sale resulted in a savings of half a million dollars.

Opponents allege Morneau’s 2015 tax news, which included the government’s plan to raise income taxes on the highest earners, had a wide-reaching impact because it encouraged wealthier shareholders to sell off some their stock before the changes came into effect on Jan. 1, 2016.

RelatedPosts

India Covid: Delhi high court criticises 'ridiculous' oxygen shortage

Detectives recover $90k worth of stolen vehicles

Ohio's Republican governor announces police reform bill

On Thursday, the finance minister’s political foes seized on new information about two large 2015 sales of Morneau Shepell stock — 100,000 shares each — made by Morneau’s father, William Morneau Sr., on Nov. 23 and Dec. 3.

Conservative MP Pierre Poilievre said the value of the shares fell five per cent in the days that followed, but not before “someone” got out.

“Correction, it wasn’t just someone — there was someone else,” Poilievre said, referring to the sale made by Morneau’s father, who founded the company.

Morneau later told the House he didn’t know Poilievre “could sink any lower.”

“I didn’t know that was possible — he has actually taken efforts today to actually move from me to talk about my family,” Morneau said in the House, where MPs enjoy the legal protections afforded by parliamentary privilege.

“If he wants to insinuate something about me, he should say it here, he should say it now and he should say what he means. And then he should move it out into the foyer, because truth matters.”

Tory MP tossed from House

The feisty debate prompted Speaker Geoff Regan to take the rare step of having Tory MP Blake Richards removed from the Commons by the sergeant-at-arms. Richards, who was thrown out for heckling Morneau during the debate, was not immediately available for comment.

Speaker throws MP out of Question Period1:40

Conservative Leader Andrew Scheer has called for Morneau’s resignation because of the 2015 stock sale and other conflict-of-interest allegations that have dogged the finance minister for weeks.

Prime Minister Justin Trudeau has repeatedly defended his minister and has called the attacks “unfounded, baseless allegations” and “slander.”

Earlier in the week, Poilievre went so far as to suggest that Morneau used his access as a minister to benefit himself financially, telling the Commons that “it is actually the responsibility of government to ensure that no minister ever uses inside knowledge to benefit from transactions on the stock market.”

On Wednesday, NDP MP Alexandre Boulerice said: “Mysteriously, thousands of Morneau Shepell shares were sold a few days before a major tax announcement. When people say that they no longer believe politicians and that they think all of us in here are crooked, this is what we’re talking about.”

Taking it outside the House

Trudeau and Morneau have dared opponents to repeat their suggestions outside the House, where they would be subject to libel and defamation laws.

“Which is why they’re not saying any of these allegations outside of this House — because they don’t want to get sued,” Trudeau said Thursday during question period.

“I don’t blame them — you get sued when you don’t tell the truth.”

This story was published on CBC News. For the rest of the story please read the story right here http://www.cbc.ca/news/politics/morneau-firey-debate-question-period-1.4427178?cmp=rss.

 

This post was originally published on this site

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Speaker gives Tory MP the boot from House for heckling

Next Post

'Food rescue' project boosts fresh grocery supply for needy

andy blatchford

andy blatchford

Related Posts

MPs to hold emergency debate on COVID-19 variants

April 21, 2021
2

Former Trudeau adviser to testify in military misconduct hearings

April 21, 2021
3

Bloc MP apologizes for taking picture of naked House of Commons colleague

April 21, 2021
1

Turkey claims it no longer needs Canadian military drone tech

April 21, 2021
0

Biden talks with Trudeau about sending more COVID-19 vaccine doses to Canada

April 21, 2021
1

Ralph Goodale appointed Canada's high commissioner to U.K.

April 21, 2021
0
Next Post

'Food rescue' project boosts fresh grocery supply for needy

  • #WNNTrending:
  • Donald Trump
  • North Korea
  • #BlueMonday
  • #MLKJDay
  • #January20
  • #Apple
  • About Us
  • WNews Beta Program
  • Editions
  • Version History
  • Term of Service
  • Privacy Policy
  • WNewsNetwork Comment Rules
  • Community Standards
  • About Us
  • WNews Beta Program
  • Editions
  • Version History
  • Term of Service
  • Privacy Policy
  • WNewsNetwork Comment Rules
  • Community Standards

©2014-2021 | WNewsNetwork, A W-World Brand. All Rights Reserved. | WNews nor W-World is responsible for external links. User discretion is advised.

  • Login
  • Cart
No Result
View All Result
  • Home
  • 2020 In Review
  • COVID-19 Pandemic
  • World
    • USA
  • Latest News
    • Politics
    • Opinions
    • Technology
      • Apple
      • Google
  • Canada
    • BC
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Reviews
    • Movies
    • Music
    • TV
    • TV & Streaming Boxes
  • Sports
    • Football
    • Hockey
    • Soccer
  • Trending Now
    • Top5
    • #WNNBreaking
  • Business
    • Finance
    • Education/Family

©2014-2021 | WNewsNetwork, A W-World Brand. All Rights Reserved. | WNews nor W-World is responsible for external links. User discretion is advised.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?