Joe Oliver expected to be named new federal finance minister
Posted March 18, 2014 7:40 pm.
This article is more than 5 years old.
OTTAWA (NEWS1130) – Canada’s new finance minister is expected to be Joe Oliver.
The natural resources minister is expected to be named as Jim Flaherty’s replacement tomorrow.
Oliver was an investment banker with Merryl Lynch, head of the Ontario Securities Commission, and served as CEO of the Investment Dealers Association of Canada.
Flaherty has left Oliver with a plan to balance the books by next year, but Oliver will be leaving his portfolio with several controversial files, including the Keystone XL Pipeline.
Flaherty announced his resignation today. He says he’s returning to the private sector and that his decision has nothing to do with a rare skin condition he’s been taking medication to treat.