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Revision as of 00:51, 1 November 2015
| Bill MorneauMP BA MBA MSc | |
|---|---|
| Member of the Canadian Parliament for Toronto Centre | |
| Incumbent | |
| Assumed office October 19, 2015 | |
| Preceded by | Chrystia Freeland |
| Personal details | |
| Born | 1962 Toronto, Ontario, Canada |
| Citizenship | Canadian |
| Political party | Liberal |
| Spouse | Nancy McCain |
| Residence(s) | Toronto, Ontario |
| Alma mater | The University of Western Ontario (B.A. Hons) London School of Economics (M.Sc. Econ.) INSEAD (M.B.A.) |
| Occupation | Businessman, politician |
Bill Morneau is a Canadian businessman and politician, who was elected in the 2015 Canadian federal election as member of parliament for Toronto Centre. Morneau was executive chair of Canada’s largest human resources firm, Morneau Shepell, and the former chair of the C. D. Howe Institute. He has also been chair of the board at St. Michaels Hospital, and Covenant House.
Early career and personal life
Morneau was born in 1962 in Toronto, Ontario where he attended Senator O’Connor College School. From 1981 to 1986, Morneau attended The University of Western Ontario and completed an Honours BA. During that time he also spent one year at University of Grenoble (France). He later went on to study at the London School of Economics (United Kingdom) and INSEAD (France) where he earned an M.Sc. (Econ.) and an MBA respectively.
Morneau is married to Nancy McCain, a member of the New Brunswick family that owns McCain Foods.
Business career
As executive chair of Morneau Shepell, the largest Canadian human resources services organization with offices across North America, Morneau led the firm through a period of growth from approximately 200 employees in 1992 to almost 4000 in 2015. Under his leadership the firm has gone through several significant changes, including the acquisition of Sobeco from Ernst & Young in 1997, going public on the Toronto Stock Exchange in 2005, and the acquisition of Shepell-FGI in 2008.
Morneau Shepell provides over 20,000 organizations representing millions of Canadians with pension, employee benefit and employee assistance programs.
Since joining the company in 1987, Morneau’s executive positions have included appointments as president in 1992, president and chief executive officer in 1998, and chair and chief executive officer in 2008.
Morneau was appointed as pension investment advisor to the Ontario Minister of Finance Dwight Duncan in 2012, providing counsel aimed at facilitating the pooling of public-sector pension fund assets. In 2014, he was appointed by Ontario Premier Kathleen Wynne to an expert panel led by former Prime Minister Paul Martin to recommend an Ontario pension supplement to the Canada Pension Plan.
Community involvement
Morneau served as the chair of the board at St. Michael's Hospital from 2009 to 2013, and as a board member from 2003 to 2013. He continues to serve on the board of St. Michael’s Hospital Foundation (2013–present).
Previously, Morneau served as the chair of Covenant House (1997–2000), chair ofthe C.D. Howe Institute (2010–2014), and as a board member at AGF Management (2001–2014). He has volunteered as a board member for the Art Gallery of Ontario Foundation (2004–2011), the Canadian Opera Company (2001–2010), Greenwood College (2012–2015), and the Toronto Zoo Foundation (2000–2004).
Politics
In June 2014, Morneau was nominated as the Liberal Party of Canada candidate for the newly configured riding of Toronto Centre. In December 2014, he was also appointed to serve on Justin Trudeau’s Economic Council of Advisors to provide the Liberal leader with advice on economic issues. Morneau was the federal Liberal candidate in Toronto Centre for the 2015 federal election. In the election, Morneau defeated the NDP's Linda McQuaig.
References
- ^ Globensky, Manon (22 February 2014). "Qui seront ces nouveaux candidats que le Parti libéral fédéral convoite tant?". Radio Canada. Retrieved 25 October 2015.
- Morneau Shepell About Us Morneau Shepell
- Morneau Shepell Declares July 2015 Cash Dividend. Canada NewsWire, July 21, 2015.
- McKinnon et al, Top 40 Under 40. The Globe and Mail, April 26, 2002.
- Ontario Appoints Advisor To Lead Pension Investment Reforms. Government of Ontario, May 30, 2012.
- Office of the Premier (Jan 28 2014) Premier Announces Technical Advisory Group Ontario Government
- Morrow, Adrian (December 18, 2013). Wynne stakes Ontario Liberals' fortunes on pledge for new pension plan by spring. The Globe and Mail.
- Howlett, Karen (November 16, 2012). Pooling pension assets of public-sector workers in Ontario urged. The Globe and Mail.
- Ontario Appoints Advisor To Lead Pension Investment Reforms. Ontario Ministry of Finance, May 30, 2012.
- St. Michael’s Hospital: William Morneau, Chair of the Board of Directors. The Globe and Mail, July 20, 2009.
- McGreggor, Glen (Feb 24, 2014). Bill Morneau resigns from C.D. Howe Institute after Liberal convention speech Ottawa Citizen.
- Ivison, John (March 27 2015). Executive tipped as Trudeau's pick for Finance would target wealthy to boost middle class. National Post.
- Miller, Adam (20 October 2015). "Bill Morneau takes Toronto Centre for Liberal party". Global News. Retrieved 20 October 2015.