MINISTER OF FINANCE
DEPARTMENT OF FINANCE
Canada’s new finance minister hit the ground running after taking office last year. In an attempt to cool the red-hot housing markets in the country’s major cities, Morneau announced new down payment rules for high-value home purchases – a move that’s proved controversial. Morneau comes to the job with a distinguished record in business and an impressive record of more than two decades of active volunteering in Toronto Centre. Morneau headed up consulting and outsourcing company Morneau Shepell, expanding it to provide stable work for more than 3,300 Canadian families. He’s also served as a member of the Ontario government’s Pension Advisory Council and as pension investment advisor to Ontario’s minister of finance.