Morneau Represents Bay Street and was the former chair of the CD Howe Institute
Morneau is introducing Bill 27
Bill 27 will directly benefit Morneaus company Morneau Shepell
Last October — without consultation, press release or a single tweet — Morneau proposed pension changes with Bill C-27. As no doubt intended, the bill went almost unreported.
But then Morneau is caught using a legal loophole in his control of about $20 million in shares of Morneau Shepell — the company he used to lead.
Morneau is doing an infrastructure program with private investors
Quote "Morneau’s infrastructure advisory panel — a group blessed with the same awesome diversity as C.D. Howe’s board of directors — recommended that, rather than financing public construction projects using historically cheap government bonds, financing should come through an Infrastructure Bank funded by private investors. And that’s what Morneau is doing".
Currently, 10-year government bonds pay about two per cent interest. But private investors expect a seven to nine per cent return.
No Doubt Morneaus company will be at the trough with the infrastructure program as well
http://torontosun.com/opinion/columnists/parkin-the-not-shocking-truth-about-morneaus-pension-and-infrastructure-plans
Morneau is introducing Bill 27
Bill 27 will directly benefit Morneaus company Morneau Shepell
Last October — without consultation, press release or a single tweet — Morneau proposed pension changes with Bill C-27. As no doubt intended, the bill went almost unreported.
But then Morneau is caught using a legal loophole in his control of about $20 million in shares of Morneau Shepell — the company he used to lead.
Morneau is doing an infrastructure program with private investors
Quote "Morneau’s infrastructure advisory panel — a group blessed with the same awesome diversity as C.D. Howe’s board of directors — recommended that, rather than financing public construction projects using historically cheap government bonds, financing should come through an Infrastructure Bank funded by private investors. And that’s what Morneau is doing".
Currently, 10-year government bonds pay about two per cent interest. But private investors expect a seven to nine per cent return.
No Doubt Morneaus company will be at the trough with the infrastructure program as well
http://torontosun.com/opinion/columnists/parkin-the-not-shocking-truth-about-morneaus-pension-and-infrastructure-plans