Bill Morneau

Bill Morneau served as Canada's 39th Minister of Finance from 2015 to 2020, Minister for Intergovernmental Affairs and Internal Trade from 2019 to 2020, and Member of Parliament for Toronto Centre from 2015 to 2020. He was also Governor at the International Monetary Fund and the World Bank. As Finance Minister, Morneau introduced the Canada Child Benefit, negotiated the expansion of the Canada Pension Plan, was a key member on the NAFTA renegotiation team, and led Canada’s economic response to the Covid-19 pandemic.

Between 1990 and 2015, Morneau led the multinational human resources firm Morneau Shepell (now TELUS Health), building it to be Canada’s largest human resources firm. In 2021, he was Senior Fellow at the Jackson Institute at Yale University. In January 2023, he released his book Where to From Here, outlining his views on how Canadian economic policy can increase prosperity. He also co-authored The Real Retirement, a Canadian finance and retirement book. In 2012, as pension advisor to the Ontario government, he wrote the Morneau Report: Facilitating Pooled Asset Management for Ontario’s Public Sector Institutions, leading to the creation of the Investment Management Corporation of Ontario. In 2014, Mr. Morneau founded a school for Somali and Sudanese girls in a UN Refugee camp in northern Kenya and is currently sponsoring a scholarship program for young women refugees at the University of Toronto. He is past Chair of St. Michael's Hospital, Covenant House and the C.D. Howe Institute. 

Morneau currently serves as Chairman of NovaSource Power Services, Director at CIBC and at Clairvest, Chair of the Advisory Board of Magnet at Toronto Metropolitan University, Senior Advisor at BCG, Member of The Wilson Center’s Canada Institute Advisory Board, and with his wife Nancy McCain, is Co-Chair of the National Arts Centre’s The Next Act campaign.

He holds an M.Sc. (Econ.) from the London School of Economics, an M.B.A. from INSEAD, and a B.A. from Western University. 

Updated June, 2024