Morneau Shepell is a financial services company with operations in Canada. We now know that it also holds a tax shelter corporation in Barbados. For two years, the finance minister secretly owned millions of dollars of Morneau Shepell shares. For two years, the minister resisted calls to address problems with the Canada-Barbados tax treaty, saying “we’re not going to throw the baby out with the bath water”—some baby, some bath water.
Did the minister declare his Morneau Shepell Barbados tax treaty conflict of interest to the Ethics Commissioner, yes or no?