The federal ethics watchdog is considering whether to launch a formal investigation into whether Finance Minister Bill Morneau had a conflict of interest in sponsoring a pension bill known as Bill C-27 while still owning shares in his family's pension company. The NDP has called on Dawson to look into what it called an unprecedented conflict of interest over the pension bill. MP Nathan Cullen argued that because Morneau still held about one million shares in Morneau Shepell he could make millions of profit from the bill, if it passed. He sent a letter to Conflict of Interest and Ethics Commissioner Mary Dawson earlier this month asking for a formal investigation. Bill C-27 proposes changes to public pensions that could benefit companies that offer pension services, including Morneau Shepell.

Source: CBC News October 26, 2017 18:56 UTC