Scheer wants BMO and Treasury official questioned in SNC-Lavalin probe

Former Treasury Board President Scott Brison embracing Justin Trudeau following a farewell speech delivered on February 6. Brison abruptly resigned his cabinet post on January 10, following more than 22 years in the House of Commons, with little explanation. He was hired by BMO on February 14.

Andrew Scheer, the leader of the Conservative Party of Canada, wants former Treasury Board President Scott Brison and several executives at the Bank of Montreal’s investment banking division included in widely expected Senate investigations into SNC-Lavalin and the removal of Jody Wilson-Raybould as Attorney General.

Prime Minister Justin Trudeau has said publicly that, if Brison hadn’t resigned then he wouldn’t have removed Wilson-Raybould as leader of the Justice Ministry. That logic has confused many Canadian political observers.  Why would the Treasury Board President’s resignation impact the tenure of the Justice Minister?

Sources close to the Conservative opposition leader have told The Chronicle, on the condition of anonymity, that Scheer has reason to suspect that Brison’s resignation on January 10th was part of a wider effort to shield the government and Bank of Montreal executives from wide-ranging improprieties related to the former Kinder Morgan pipeline and its subsequent acquisition.

The Bank of Montreal has been using intermediary business service providers to ‘effectively bribe’ the elected officials of Indian Act-governments in British Columbia in exchange for pipeline approvals, the longtime government relations executive alleges.  That practice has been a source of outrage among indigenous people in the Province.

Worried that the practice violates the Foreign Corrupt Practices Act in the United States, (a conviction under that law would result in criminal prosecutions and trade sanctions against BMO), banking executives hurridly lobbied Finance Minister Bill Morneau in late May, and were able to quickly secure a transaction that would effectively nationalize the pipeline, while offering favorable terms of indemnification to the investors involved in the project.

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Treasury Board President Scott Brison, Prime Minister Justin Trudeau, and Finance Minister Bill Morneau, were the chief architects of the government’s acquisition of Kinder Morgan’s pipeline in British Columbia.  The transaction continues to raise eyebrows.

The source claims that Wilson-Raybould, who had just denied a deferred prosecution agreement to SNC-Lavalin in early-September, was similarly unwilling to offer BMO such an arrangement because the newly introduced legal mechanism did not allow for a retroactive application.  Trudeau was unwilling to direct her in any official capacity, with the intention of insulating himself from political backlash.

Brison was hired by BMO by February 14th, as Vice Chairman of the firm’s investment and corporate banking business — just weeks after his abrupt resignation.  Scheer is said to have evidence that Brison was offered that position privately prior to leaving the Trudeau government — and that Gerald Butts, the PM’s recently resigned Principle Secretary, was involved in arranging for the position in the firm’s Toronto office.

As President of the Treasury Board, Brison acted as the comptroller of the federal government with oversight responsibility for government payments. Scheer does not intend to make his information public until a date closer to the federal elections, scheduled for October 21st.

The improprieties threatened to become public during the Trudeau government’s re-negotiations of the North American Free Trade Agreement, which may have undermined the political posturing of Foreign Minister Chrystia Freeland during her negotiations with US Trade Representative Robert Lighthizer.

18 Comments

  1. BMO led an IPO of Bill Morneau’s Morneau Sobeco as an income trust in mid-2000s. The only equity analyst covering the company at the time was BMO’s.

    According to Globe&Mail, Evan Siddall, CEO of Canada Mortgage and Housing Corporation, helped broker the pipeline deal with Kinder Morgan because (a) he is a long-time friend of Bill Morneau, (b) used to be a CEO of an Cdn oil-patch company, (c) used to work for BMO (and Goldman) as investment banker.

    • the truth will always come out if more than one person is involved and in this case there are many crooks in the liberal party that had their fingers in the pot and they will all squeal on each other in order to save themselves

  2. Nobody is better at organised crime than liberals. Most criminals, deviants and parasites are liberals. Remember the Clinton Crime syndicate? As they did last election these foreigners will be actively participating in the next Canadian election on Oct.21, 2019 where the liberals will be struggling to make Canadians forget their criminal, racist, and traitorous behaviour of the past 3 1/2 years.

    • “Kenek”‘s comment reeks of ideological/partisan conspiracy fearmongering. It appears to me that there is a lot of pragmatic governing going with the intent to protect the “economic” interests of the Canadian economy as this administration attempts to put policies in place to transition our energy sector and diversify the economy. Governing is messy business. I’d like to know what the Cons solutions to the issues facing Canadians are (other than privatizing and austerity which are not in the public interest).

      • Are you for real…cons of fearmongering…don’t know what your smoking but you should quit.So your thoughts are obvious ….no energy sector…give billions away to other countries some of which have terrible human rights violations …millions to terrorists….millions to countries that support terrorists …suppression of free speach….high unemployment..all this from yours frickin truly the lieall party of Canada..

      • It looks like the rot is deeper than originally thought. This is not fearmongering. This gvt puts itself and its supporters before Canadians, we just foot the bill. We aren’t talking about Conservatives here we are talking about the corrupt Libranos. They are dirty.

  3. Landdesigner blurts:
    “It appears to me that there is a lot of pragmatic governing going with the intent to protect the “economic” interests of the Canadian economy”

    How is buying a pipeline for billions, and then refusing to appeal a questionable court ruling against that pipeline, helping the Canadian economy?

  4. “The NEB is recommending the project be approved subject to 16 new recommendations, in addition to the 156 conditions it had proposed in its previous recommendation”. and “Natural Resources Minister Amarjeet Sohi ordered a new round of consultations with affected Indigenous groups”. then “Opposing groups, including environmentalists and some First Nations, have continued to oppose the pipeline on the grounds that it poses a threat to the West Coast and the endangered Southern Resident Killer Whale population”. The question is, how long before it is in front of the courts AGAIN?

  5. I have just found Your paper today. I am in Canada and can see a lot of truth in what I am reading about the Liberals and Justin Trudeau. SNC~Lavalin is involved in so many large projects 52.8 Billion. I hope Your paper chases down the work that They are involved in. Thanks and stay strong to the truth.

  6. Trudeau, Mr Dressup, went to India and gave India $750 million Canadian Taxpayer dollars. Trudeau returns to Canada. Two weeks after Trudeau the French President Marcon goes to India and goes home with a $600 million dollar Order for a new French reactor. Looks like Trudeau is creating jobs in France for Marcon his bromance buddy. But it may be possible that a little of that $750 million Canada gave India may go to SNC Lavalin for site engineering services for the French reactor. No One in Canada will investigate this angle.

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