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Prime Minister Justin Trudeau was sworn in Wednesday, along with members of the new Liberal cabinet. Here’s who they are:

Bill Morneau

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Photo by Wayne Cuddington / Ottawa Citizen

Portfolio: Finance

Degree of difficulty: Very difficult

First challenge: The Liberals have promised their first piece of legislation when Parliament resumes, likely in early December, will be a middle-class tax cut. To help pay for this, they will increase taxes on the richest Canadians. The new finance minister must also carefully manage the government’s dip back into deficit and quickly move on a federal budget. The Liberals are promising to post $25 billion worth of deficits over three years to kick the economy into a higher gear with additional infrastructure spending.

Why he got the job: His economic expertise and riding (Toronto Centre) next to Bay Street makes him, on paper, an almost ideal candidate for the job.

Background: Morneau is the former chair of the C.D. Howe Institute, an economic think-tank, and was a member of Trudeau’s economic advisory council leading up to the election. He is the former head of Morneau Shepell, the largest Canadian human resources services company, and served as an adviser to the Ontario government on pension investments and retirement income.