Nova Scotia’s Liberals have long been dogged by their controversial trust fund.
But the Grits finally put the decades-old issue to bed at their annual general meeting in Halifax on Saturday.
Liberal Party president John Gillis said the party is divesting itself of $2.3 million in the fund to help establish a think-tank, the Allan J. MacEachen Institute for Public Policy and Government.
Gillis told the meeting the new institute will honour a distinguished Nova Scotian who has dedicated his life to public service. A retired senator, MacEachen was a long-time federal Liberal cabinet minister and is an Order of Canada recipient.Just think about that.
Meanwhile, the local Liberals are the better part of a million bucks in the hole with not much chance of paying it off in the near future.
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