Bill Morneau is Executive Chairman of Morneau Shepell, the largest Canadian-based human resources services company. Founded in 1962, the firm employs more than 2,400 people and serves more than 8,000 clients. Mr. Morneau joined the board of the Canadian Merit Scholarship Foundation in 2008 and serves as a mentor to a first-year scholar.

"We have a real need for leadership throughout Canada, not just in business but in all sectors of society. The Loran Awards are an excellent means of inspiring, recognizing and fostering the development of young Canadians who demonstrate strong character, commitment to service and leadership potential. I am proud to invest in them and believe the long-term returns to our country will be significant," says Mr. Morneau.

Mr. Morneau, who was named one of Canada’s Top 40 Under 40 in 2002, serves on the board of AGF Management Ltd. He is chair of the board of directors of St. Michael’s Hospital, past chair of Covenant House, and a director of the C.D. Howe Institute and the Art Gallery of Ontario Foundation. A strong supporter of higher education, Mr. Morneau holds a BA from the University of Western Ontario, MSc from the London.