Bill Morneau To Establish Blind Trust, Divest Assets In Family Company

OTTAWA — Finance Minister Bill Morneau says he will divest assets in his family company, Morneau Shepell, and establish a blind trust to avoid any perception of conflicts of interest."This is a way for me to assure Canadians, to the highest level of confidence, that there is no possibility of any conflicts of interest," he told reporters Thursday.The finance minister was pushed to make the changes, he said, after his personal finances became a "real distraction." The opposition has accused