In November 2015, the newly elected Liberal member for Toronto Centre became the first rookie MP in nearly a century to step into the high-profile and demanding role of finance minister.
He set about implementing pillars of Prime Minister Justin Trudeau’s economic platform, including tax cuts for the middle class, the new Canada Child Benefit, and a revamped Canada Pension Plan.
Morneau brought ample experience as a business leader and volunteer to the role.
He took the reins of the family business from his father, growing human resources firm Morneau Shepell to 4,000 employees from just 200.