Federal environment minister Jim Prentice is leaving politics to take a job with the Canadian Imperial Bank of Commerce.
According to news reports, Prentice is resigning from cabinet immediately, and will quit as the Conservative MP for Calgary Centre-North before the year is over.
Prentice’s resignation comes two days after he announced that the federal government rejected Taseko Mines’s Prosperity gold-copper project, near Williams Lake, due to the “significant adverse environmental effects”.
First elected to Parliament in 2004, Prentice has served the Stephen Harper government as minister of Indian affairs and northern development and minister of industry.
In January, Prentice will become CIBC’s vice chair.
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