When Bill Morneau was appointed federal finance minister in 2015, many hoped his time in business, think-tank background and oft-repeated zeal for “evidence-based policy” would help guide policy decisions. He was after all the former president, CEO and executive chair of Morneau Shepell, a human resources services business, and chair of the Toronto-based C.D. Howe Institute.
Unfortunately, it quickly became clear that Finance Minister Morneau was oblivious to Canada’s greatest economic problem, what the data were telling us, and the growing chorus of business leaders saying investors had had enough and were fleeing our great country to more hospitable jurisdictions.
Let’s hope Chrystia Freeland, Morneau’s
