Jim Flaherty

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The now defunct Crown Corporation PPP Canada was created during Flaherty's tenure to highlight the commitment of the federal government to Public-private partnerships (PPP, P3). It was responsible for promoting and facilitating Public-private partnerships, and operated under Infrastructure Canada. PPP Canada managed the “P3 Canada fund” where provinces, territories, and municipalities could apply for funding from the federal government. [49] PP Canada served as Canada's centralized PPP Unit from its creation in 2009 until it was dissolved in 2018 under Prime Minister Justin Trudeau. [49]

Flaherty intended to fund most of Canada's new infrastructure though Public-private partnerships. He intervened in the 2013 Regina wastewater plant funding referendum, during which he wrote an open letter arguing that voters should select the P3 option. His arguments included the promise of allocating $58.5 million of federal funding if the P3 option is selected. [50]

Building Canada Plan

On May 21, 2013, Flaherty introduced his 2013 Budget. The Budget contained a new Building Canada Plan for the construction of public infrastructure such as roads, bridges, transit and port facilities. [51] The plan provides $53 billion in investments to support local and economic infrastructure projects, including more than $47 billion in new funding over 10 years, starting in 2014–2015. [52]

Budgets presented

Flaherty presented nine budgets to the Canadian Parliament as Minister of Finance.

Resignation from Cabinet

On March 18, 2014, Flaherty announced that he was resigning as Minister of Finance in order to return to the private sector. While he had openly discussed health challenges associated with managing bullous pemphigoid, including taking prescription steroids, he said the decision was reached after many months of consultation with his family and that his health was not a factor in his decision. [53] [54] Flaherty continued sitting in the House of Commons as an MP until his death three weeks later. [1] [55] At the time of his resignation, he held the honour of being the Longest continuous serving cabinet minister in a single portfolio in the 28th Canadian Ministry. [56]


An office building in Ottawa, housing employees from the Department of Finance, is named after Flaherty. [57]

With the 2017 Canada Day Honours, Flaherty was awarded with a posthumous Meritorious Service Cross. [58]

CAN Meritorious Service Cross (civil division) ribbon.svg UK Queen Elizabeth II Golden Jubilee Medal ribbon.svg QEII Diamond Jubilee Medal ribbon.svg
Jim Flaherty
Jim Flaherty 2007.JPG
Flaherty in 2007
Minister of Finance
In office
February 6, 2006 March 18, 2014
CAN Meritorious Service Cross (civil division) ribbon.svg Meritorious Service Cross
  • 2017: Christine Elliott and the late Jim Flaherty founded Abilities Centre, a unique, world-class facility in Whitby that engages people of all ages and abilities in sports, the arts and personal growth activities. Thanks to their dedicated support, the centre has become a local and international example of inclusiveness where everyone can participate equally. [59] [58]
UK Queen Elizabeth II Golden Jubilee Medal ribbon.svg Queen Elizabeth II Golden Jubilee Medal for Canada
QEII Diamond Jubilee Medal ribbon.svg Queen Elizabeth II Diamond Jubilee Medal for Canada

Personal life and death

Media overlooking a crowd fronting the Cathedral Church of St. James in Toronto during Flaherty's state funeral on April 16, 2014 Flaherty state funeral DSC 0105 (13905494015).jpg
Media overlooking a crowd fronting the Cathedral Church of St. James in Toronto during Flaherty's state funeral on April 16, 2014

Flaherty grew up in a Catholic family in Montreal, and was of part Irish descent. As a youth he was an avid hockey player and won a hockey scholarship to Princeton University. [62] [63]

Those familiar with Flaherty's work as a lawyer noted his dogged determination and a strong work ethic. One colleague, Hamilton lawyer John Soule said, "He is a driven person ... and certainly is prepared to do what is necessary in terms of time and hard work to achieve what he believes is right". [63] He assisted in several volunteer causes, including being the president of the Head Injury Association of Durham Region in Ontario. [63]

His wife, Christine Elliott, was the Progressive Conservative Member of Provincial Parliament for Oshawa–Whitby, east of Toronto and Deputy Leader of the Opposition until her resignation in August 2015. The couple lived in Whitby and have triplet sons John, Gaelen and Quinn, who were born in 1991. [64] His son Galen, used to work for Doug Ford who was then a member of Toronto City Council. [65] Elliott and Flaherty have both championed issues surrounding children with disabilities; their son, John, has a disability. [66]

In his final years, Flaherty underwent a marked change in his physical appearance including significant weight gain. In January 2013, Flaherty announced he had bullous pemphigoid. [67] He was treated with prednisone, a powerful steroid for which side effects such as those suffered by Flaherty are well-documented. [68] Flaherty died on April 10, 2014, at his home in Ottawa after suffering a heart attack at the age of 64. [69]

A state funeral was held for Flaherty on April 16, 2014, at St. James Cathedral in Toronto. [70]

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Ontario provincial government of Mike Harris
Cabinet posts (4)
Elizabeth Witmer Minister of Labour
Chris Stockwell
Charles Harnick Attorney General
David Young
Ernie Eves Deputy Premier of Ontario
Elizabeth Witmer
Ernie Eves Minister of Finance
Janet Ecker
Special Cabinet Responsibilities
Charles Harnick Minister of Aboriginal Affairs
David Young
Ontario provincial government of Ernie Eves
Cabinet post (1)
Position established Minister of Enterprise, Opportunity and Innovation
Position abolished
28th Ministry – Cabinet of Stephen Harper
Cabinet post (1)
Ralph Goodale Minister of Finance
Joe Oliver