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The problem with telling the truth but not the whole truth is that it foments suspicion and more snooping.

Bill Morneau might believe he doesn’t report to journalists and that his personal finances are none of their business.

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But as soon as he entered public life, and particularly when he became finance minister, his financial affairs ceased to be his own.

Inquiring minds now want to know why Morneau appears to have been less than forthright about some of his dealings, specifically with regard to Bill C-27, pension legislation that he sponsored and which may have had a positive influence on the share price of Morneau Shepell, the company in which he continues to hold one million shares.

Last week, Morneau said he had withdrew himself on government files at least twice to avoid a conflict of interest but would not say whether the subject discussed was related to the pension bill.

Photo by Sean Kilpatrick/CP

The Conflict of Interest Act is clear that, if a public office holder recuses him or herself to avoid a conflict, the reason for the recusal has to be declared publicly within 60 days.