Thread by @SheilaGunnReid

🧵1/ Blacklock’s just broke a brutal story: Liberal MP Nate Erskine-Smith dumped his stock portfolio days before being booted from cabinet—thinking he was a shoo-in for cabinet.

He wasn’t. Let’s unpack this beautifully humiliating mess. 👇

2/ A May 1 ethics filing reveals Erskine-Smith sold off all his publicly traded shares to comply with Conflict of Interest rules—only to be fired less than two weeks later.

3/ Ministers have 120 days to sell stocks or set up a blind trust. Nate hit day 144. He got the $8,325/month bonus, but no job security.

blacklocks.ca/had-to-dump-st…

4/ He didn’t disclose which stocks he sold. Just noted “divestment of publicly traded securities by sale” and claimed full compliance.

5/ Erskin-Smith never mentioned the sell-off when whining about his firing:

6/ In a CBC interview, he doubled down:

“You put so much time in... and then it’s not there anymore.”
Somehow forgot that’s how politics—and Mark Carney—works.

7/ Quick recap:
❌ Said he was quitting politics
✅ Changed his mind when Trudeau made him housing minister
🔁 Re-appointed March 14, 2025
🪓 Fired May 13, 2025

8/ Sold his stock portfolio like he was prepping for the long haul. Then got tossed like last week’s polling data.

9/ And let’s not forget his profanity-laced meltdown in Committee:

“What is this absolute bullshit?... F—k right off.”

Nate thought he could get away with anything. LOL

10/At the time, my Conservative MP Garnett Genuis called it then:

“Desperate, having a meltdown... using gross, foul language.”

And here we are—again. Ol' Nate is letting his emotions get the best of him because he feels he is entitled to a job.

11/ All this exposed thanks to the actual press. Not the CBC. Not the Carney-bucks crowd.
📰 This was @mindingottawa real journalism without a single cent of government funding.

12/ And Nate just learned: in Carney’s cabinet, loyalty is a one-way street. Nate has a front row seat for it all - from the backbench. HAHAHA

🧵End.