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| Maybe a Cabinet Seat This Time ?? |
OTTAWA—Environment Minister Jim Prentice, long thought of as a possible future Conservative leader after Prime Minister Stephen Harper steps down, has suddenly resigned to go to Bay Street. “I am resigning from cabinet effective immediately,” Prentice told MPs in a surprise announcement in the House of Commons following Question Period Thursday. Prentice said he will take a position as vice-chair and senior executive vice-president of the Canadian Imperial Bank of Commerce early in 2011. Attempting to head off questions about how he could have been negotiating a new job with a bank while a cabinet minister, he also told MPs he had discussed the move with the federal ethics commissioner before making the announcement. Prentice said he will resign his Calgary Centre North seat by the end of this year. Government House Leader John Baird will be the acting environment minister, a position he once held. The resignation of one of the Harper government’s senior ministers will be a blow to the Conservatives, who have been battered by a series of miscues and high-profile problems in recent months.
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