Federal environment minister steps down to take senior executive job at CIBC
Environment Minister Jim Prentice announced on Thursday he is resigning from cabinet to become vice-chairman of CIBC. “When I entered into politics in 2001, I made a commitment that my time in politics would last eight to 10 years,” Prentice said. It has now remarkably been nine years. And it is time for me to pursue new opportunities outside of public life.” Prentice’s resignation takes effect immediately, with former environment minister John Baird taking over the environment portfolio.