A cosy re­la­tion­ship

The Guardian (Charlottetown) - - EDITORIAL -

It all looks a lit­tle too cosy. Wes Sheri­dan, P.E.I.’s for­mer min­is­ter of fi­nance, has a new job as a pen­sion in­vest­ment con­sul­tant with Morneau She­p­ell in Hal­i­fax. The prob­lem is Morneau She­p­ell sup­plies fi­nan­cial ser­vices to the pro­vin­cial govern­ment. The firm worked for him for most of his eight years as fi­nance min­is­ter and now he works for them. At what point did the roles re­verse or be­come jointly self-serv­ing?

Mr. Sheri­dan re­signed in late Fe­bru­ary 2015. There is a six-month cool­ing-off pe­riod re­quired be­fore a cab­i­net min­is­ter can ac­cept a po­si­tion with a firm which did busi­ness with govern­ment. Within days of that time limit ex­pir­ing, Mr. Sheri­dan was of­fi­cially on the com­pany’s pay­roll.

He is a valu­able re­source for Morneau She­p­ell which still works for the P.E.I. govern­ment on var­i­ous projects. When did the first over­ture for em­ploy­ment come, and from which side?

The prov­ince was heav­ily in­volved with pen­sion re­form ne­go­ti­a­tions with its pub­lic sec­tor unions through­out 2013. Morneau She­p­ell was at Mr. Sheri­dan’s right hand right through those talks. The com­pany knew what the min­is­ter wanted to hear, so was the in­for­ma­tion pro­vided ac­cu­rate and was the brow­beat­ing ap­plied to the unions fair?

The shared risk pro­gram was de­vised by Morneau-She­p­ell so did unions pay too high or un­fair a price?

The op­tics is all wrong on this file.

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