In a summer and fall he’d probably rather forget, the former head of pension management firm Morneau Shepell repeatedly courted controversy. Meanwhile, Morneau was bruised by revelations he hadn’t placed a large number of his Morneau Shepell shares in a blind trust, as he said he would when elected. He announced Oct. 19 that he’ll be putting all his assets in a blind trust and selling his Morneau Shepell shares, worth just over $20 million. These details were uncovered in a review by Morneau Shepell involving its clients’ employees, average people struggling emotionally with money concerns, Morneau says. Amid the public outcry over his finances he decided to sell the Morneau Shepell shares and put his assets in a blind trust.

Source: thestar November 12, 2017 10:52 UTC