VIDEO: Poilievre Grills Moneybags On 680,000 Morneau Shepell Shares Suspiciously Sold Before Price Dropped

The shares were sold a week before Morneau introduced tax measures that predictably caused the stock market to drop, and whoever sold the shares would have saved about $500,000.

Moneybags Morneau might be facing yet another ethics scandal.

In the House of Commons, Conservative Finance Critic Pierre Poilievre revealed that Morneau told reporter John Ivison he had sold 680,000 Morneau Shepell shares.

Poilievre points out that number lines up with the 680,000 Morneau Shepell shares sold one week before Morneau announced tax measures that caused the entire stock market (including the price of Morneau Shepell shares) to drop.

Whoever sold those shares would have saved about $500,000 when comparing the value of the shares before and after the tax announcement.

If it was Morneau who sold those shares – and that has not been officially confirmed – it would be a serious issue, as he would have been acting on information that was not available to most Canadians.

If true, it would add to the growing perception many Canadians have that he has been using government to serve his own interests, rather than serving Canadians.

Watch the video below, to see Poilievre grill Moneybags on the sale:

It should be noted that while Morneau could have easily made this issue go away by giving clear proof that he didn’t sell the shares, he has not done so.

However, Morneau instead tried to dodge the issue and – as always – hid behind talking points.

Spencer Fernando

Photos – YouTube

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3 comments Add yours
  1. I truly hope that the Conservatives Do NOT let up on this Issue. I hope they keep Pushing and are Unrelentless on this Issue in the House of Commons Each and Every Day. The Finance Minister, the Prime Minister and all the Lying, Deceptive, Thieves in the Liberal Party and that is the Majority of Liberals, or they would have Crossed the Floor by Now, with all the Corruption that they are inflicting on Canadians, NEVER answer the Question that Canadians Want and are Entitled to Know, “Who Sold these Shares in Morneau-Shepell “BEFORE” Morneau announced tax measures that would cause these stocks to plummet?

    1. ditto and we must thank Poilievre and his team for his higher than qualified investigative powers …disclosure is mandatory and we thank PP for it

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