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Lisa Raitt


Lisa Sarah Raitt PC (born May 7, 1968) is a Canadian business executive and former politician who represented the as for Halton from 2008 to 2019. She served in the of Prime Minister as Minister of Natural Resources from 2008 to 2010, Minister of Labour from 2010 to 2013, and Minister of Transport from 2013 to 2015, overseeing policies on , labour relations, and transportation . Prior to her election, Raitt held senior roles at the , culminating as its president and CEO from 2006 to 2008.
In 2017, Raitt sought the leadership of the , finishing third behind , who appointed her deputy leader and Shadow Minister for Foreign Affairs, positions she held until retiring from politics in 2019. Her parliamentary career included for resource sector expansion and resolution of disputes, though it was marked by incidents such as a 2009 apology for describing a medical isotopes crisis as a "sexy" issue and scrutiny over a misplaced confidential , neither of which resulted in formal sanctions after review. Since leaving office, Raitt has worked at as Vice Chair of Global Investment Banking and, in August 2025, was appointed Chair of the Board of Governors at , her . Raitt holds a BSc from , an MSc, and an LLB from Osgoode Hall Law School, and was called to the Bar in 1998.

Early life and education

Early life

Lisa Raitt was born on May 7, 1968, in , Cape Breton, . She grew up in as the youngest of seven children in a working-poor , raised by her adoptive grandparents after they adopted her. In her early teens, Raitt learned that the couple she had known as her parents were in fact her grandparents.

Education

Raitt earned a degree in chemistry from in , graduating in 1989. She subsequently obtained a degree in chemistry from the , with a focus on environmental biochemistry. Raitt later pursued legal studies, completing a Bachelor of Laws (LL.B.) at of . She was called to the Bar in 1998.

Toronto Port Authority career

General counsel role

Lisa Raitt joined the (TPA) in 1999 as and corporate secretary, shortly after the government's creation of the authority to manage 's port lands, marine facilities, and related infrastructure under the Canada Marine Act. In this role, she handled legal matters including governance, commercial transactions, and regulatory compliance for the newly formed entity, which inherited operations from the former Toronto Harbour Commissioners and aimed to balance with environmental and concerns. As general counsel, Raitt advised on operational budgets and intergovernmental relations, exemplified by her August 1, 2000, correspondence to regarding the TPA's 2000 operating budget and long-term plans, which sought alignment with municipal priorities amid debates over port expansion and land use. Her legal expertise, drawn from prior practice in and , supported the TPA's transition to self-sustaining operations without taxpayer subsidies, focusing on contractual negotiations and in a politically sensitive urban harbor context. Raitt held the general counsel position until 2001, when she was appointed Canada's first female , marking a progression in her leadership within the organization. During her tenure in this legal role, the TPA navigated early challenges such as federal-provincial-municipal coordination and environmental assessments, laying groundwork for subsequent growth under her later executive positions.

President and CEO tenure

Raitt assumed the role of President and Chief Executive Officer of the Toronto Port Authority in 2002, succeeding her prior position as the organization's first female , appointed in 2001. In this capacity, she directed operations across Toronto's port facilities, encompassing cargo handling, passenger ferries, and , which handled approximately 2.6 million passengers annually by the mid-2000s. Her leadership emphasized enhancements to bolster economic contributions, with the port generating over $200 million in annual economic impact through and . A key initiative under Raitt involved advocating for a fixed-link connection—either bridge or —to Airport, citing the ferry service's vulnerability to weather disruptions as a public that impeded emergency vehicle and equipment access. On October 16, 2003, she publicly stated that "the fixed link is a public issue," highlighting the need for reliable amid growing airport . This push faced opposition from municipal and provincial authorities, resulting in legislative restrictions on fixed-link construction during her tenure, though it foreshadowed the eventual 2015 pedestrian completion. Raitt also oversaw passenger projects, including facilities to accommodate cruise , amid efforts to position the port as a competitive hub. She relinquished the role via a on September 9, 2008, to contest the federal election.

Associated controversies

During her tenure as President and Chief Executive Officer of the Toronto Port Authority (TPA) from 2001 to 2008, Raitt faced scrutiny over approximately $80,000 in claimed travel and hospitality expenses, which drew calls for an independent audit after her appointment as federal of Natural Resources in 2008. The (NDP) specifically urged the to investigate these expenditures, citing concerns over transparency in a federally appointed entity responsible for 's port operations. Raitt responded by attributing the dispute to internal board divisions, noting that four directors had opposed her and that the TPA's operations lacked sufficient mechanisms at the time. A specific incident involved Raitt approving her own $3,000 expense claim for a trip, which critics highlighted as a potential given her in authorizing and claiming costs. Opposition figures, including NDP MP , criticized the TPA's overall expense practices under Raitt's leadership, pointing to high travel costs amid broader questions about the agency's governance. Raitt defended the expenditures as aligned with TPA policies and necessary for promoting port interests, while acknowledging the need for greater transparency in such crown corporations. In 2014, Canada's Information Commissioner sought a Federal Court order to compel the release of an internal TPA audit related to these expenses from Raitt's era, arguing for public access under access-to-information laws. The TPA maintained that Raitt's spending complied with its budget and policies, and no formal findings of misconduct emerged from the episode, though it fueled political debate during her early ministerial years. The controversy subsided without charges or penalties, reflecting typical partisan scrutiny of executive expenses in public-private entities rather than substantiated impropriety.

Political career

2008 election and entry to cabinet

Raitt entered federal politics as the candidate for the Halton in the , held on October 14, 2008, drawing on her executive experience as president and CEO of the Toronto Port Authority rather than prior elected office. In that , which resulted in a second for Stephen Harper's Conservatives, Raitt secured victory in the suburban riding by receiving 28,248 votes (46.7% of the total), defeating incumbent Garth , a former Conservative who had become an before joining the Liberals, who garnered 21,784 votes (36.0%). The NDP candidate placed third with 5,495 votes (9.1%), while other candidates trailed further behind. This win flipped the seat from Liberal to Conservative control, reflecting voter shifts in the amid economic concerns preceding the global . On October 30, 2008, Harper shuffled the Cabinet and appointed the rookie MP Raitt as Minister of Natural Resources, one of three representatives elevated to the executive, bypassing more seasoned parliamentarians in a move emphasizing fresh perspectives on resource policy amid volatile energy markets. Raitt was sworn into the and assumed the portfolio immediately, overseeing federal responsibilities for energy, minerals, and earth sciences during a period of heightened scrutiny on resource development and environmental regulations. Her rapid elevation highlighted 's strategy of promoting capable newcomers from non-traditional political backgrounds to key economic roles.

Minister of Natural Resources (2008–2010)

Raitt was appointed Minister of Natural Resources on October 30, 2008, following the Conservative government's re-election on October 14, 2008, and served until January 19, 2010./roles) In this role, she oversaw , which managed federal policies on energy production, mineral and metal mining, forestry, earth sciences, and , amid the unfolding global that threatened commodity prices and resource exports. Her department focused on stabilizing the sector through interprovincial consultations to align federal and provincial strategies for resource development and economic recovery. A key challenge during her tenure involved the medical isotope shortage stemming from the May 2008 shutdown of of Canada's NRU reactor at , which supplied about 30-40% of global medical s used in cancer treatments and diagnostics. On December 15, 2008, Raitt announced government measures, including $150 million in funding for reactor refurbishments and international procurement to secure supplies. The crisis escalated in early 2009 when Canadian Nuclear Safety Commission (CNSC) president Linda Keen refused to extend the reactor's operating license without full safety upgrades, leading to her dismissal by the government on May 20, 2009; Raitt, as minister responsible for the CNSC, defended the decision in parliamentary , arguing it prioritized supply continuity over regulatory delays. In June 2009, Raitt drew criticism for privately describing the isotopes issue as a "sexy" policy problem during a meeting, as captured in recordings; she issued an emotional in the House of Commons, stating the remark was meant to highlight its political visibility but was inappropriate. Another incident occurred on June 2, 2009, when Raitt's left a binder containing over 100 pages of classified documents—marked "secret" and detailing and —at a bureau after an ; the documents were returned voluntarily, prompting a probe by the RCMP, which found no breach occurred. The aide resigned, but rejected Raitt's offer to step down, affirming her accountability while noting human error. Toward the end of her term, Raitt promoted workplace and in industries as essential for competitiveness, speaking at a March 8, 2010, event on reducing injuries to sustain employment amid recovery efforts. Her tenure emphasized pragmatic over stringent environmental constraints, aligning with the Harper government's economic priorities, though critics in opposition parties highlighted risks to nuclear oversight.

Minister of Labour (2010–2013)

Lisa Raitt served as Minister of Labour from January 19, 2010, to July 14, 2013, overseeing federal , employment equity, and policies under Stephen Harper's Conservative government./roles) In this role, she managed disputes in federally regulated industries, emphasizing economic stability and swift resolutions to minimize disruptions to commerce and public services. A major focus was resolving labor conflicts at . After the Canadian Union of Postal Workers (CUPW) initiated rotating strikes in May 2011 over a expired covering about 50,000 urban operations workers, Canada Post locked out employees on June 14, 2011, halting mail delivery in urban areas and affecting an estimated $100 million daily in economic activity. Raitt publicly urged negotiations, but with the lockout escalating national impacts, the government introduced the Restoring Mail Delivery for Canadians Act (Bill C-6) on June 20, 2011, compelling a return to work and binding arbitration by the Canada Industrial Relations Board (CIRB). The legislation passed quickly, restoring service by late June. Raitt similarly intervened in Air Canada disputes to avert travel disruptions. In October 2011, amid stalled talks with CUPE representing 8,000 flight attendants who had rejected a tentative deal, she referred the matter to the CIRB on , blocking a potential and imposing a final binding resolution process that avoided work stoppages. In March 2012, facing threats of strikes by the Air Canada Pilots Association and the International Association of Machinists and Aerospace Workers over pensions and contracts, Raitt tabled back-to-work legislation, again prioritizing continuity in a sector critical to national connectivity. These actions drew union criticism for curtailing but were defended as necessary to safeguard the economy from cascading effects. Beyond disputes, Raitt promoted workplace standards, including support for the National Standard of Canada for Psychological Health and Safety, released in as a voluntary to address risks for over 500,000 federally regulated workers. She consulted stakeholders on occupational health enhancements and advanced 's positions on global labor issues, such as at the International Labour Conference, where discussions covered employment amid demographic shifts and green jobs. Her tenure concluded with a cabinet shuffle on July 14, , shifting her to amid ongoing economic recovery efforts./roles)

Minister of Transport (2013–2015)

Raitt was appointed Minister of Transport on July 15, 2013, succeeding Denis Lebel in a cabinet shuffle by Prime Minister Stephen Harper. Her tenure began shortly after the Lac-Mégantic rail disaster on July 6, 2013, which killed 47 people and prompted urgent scrutiny of rail safety regulations. In response to the disaster, Raitt oversaw significant reforms to enhance rail safety, including the introduction of stricter hand brake protocols, upgraded tank car standards for hazardous materials, and mandatory positive train control systems for high-risk routes. Transport Canada under her leadership increased rail inspections by over 50% from 2013 levels and restructured internal oversight to prioritize safety compliance. She also advanced Bill C-52, the Safe Rails for Canadians Act, enacted in 2015, which amended the Canada Transportation Act and Railway Safety Act to impose higher liability insurance requirements on railways and establish a dedicated fund for disaster recovery. Beyond rail, Raitt focused on and efficiency, announcing appointments to Transportation Agency to resolve disputes and promoting innovations in transportation technology. Her efforts emphasized regulatory modernization while addressing immediate safety gaps exposed by the Lac-Mégantic incident, though critics argued the pace of implementation lagged behind industry growth in oil-by-rail shipments. Raitt served until November 4, 2015, following the Conservative government's defeat in the federal election.

Opposition period (2015–2019)

Raitt was re-elected to the House of Commons as the representative for the redistributed riding of Milton in the federal election held on October 19, 2015, following the Conservative Party's transition to official opposition after their defeat by the Liberal Party./roles) Under interim Conservative leader Rona Ambrose, Raitt was appointed as opposition finance critic on November 20, 2015, tasked with scrutinizing the Liberal government's fiscal policies and economic agenda. In this role, she challenged the government's fall economic statement, questioning the projected deficit increases and demanding greater transparency on spending projections. She retained the position until October 14, 2016. After Andrew Scheer's election as party leader in May 2017, Raitt was named deputy leader of the and deputy leader of the official opposition as part of Scheer's House team unveiled on July 20, 2017. In this capacity, she also served as shadow cabinet critic for , contributing to the opposition's oversight of federal legal and public safety matters. Raitt's roles emphasized party unity and strategic responses to Liberal policies on taxation, , and regulatory reforms.

2017 leadership contest

Lisa Raitt announced her candidacy for the leadership of the on November 3, 2016, in , positioning herself as a representative of "the striving many, not the privileged few." Drawing from her Cape Breton upbringing and experience as a former cabinet minister, she emphasized economic renewal, job creation, and addressing deficits under Justin Trudeau's government. Raitt advocated for an system prioritizing economic contributions over cultural values tests, reflecting her pragmatic approach informed by prior roles in transport and labour. As one of 13 candidates and one of only two women in the race, Raitt campaigned on her blue-collar roots, corporate executive background at the Port Authority, and parliamentary experience, aiming to unite the party and appeal to working-class voters. Her platform lacked a bold signature policy, focusing instead on decentralizing government functions and women's issues, but struggled to generate momentum among social conservatives or excite the broader membership. During the campaign, she called for the expulsion of party members involved in membership sale irregularities to ensure integrity in the process. The leadership vote occurred on May 27, 2017, using a preferential system among approximately 141,000 members, with each riding's points distributed proportionally. Raitt did not advance to the later rounds, as her campaign failed to build sufficient support despite a unity-oriented speech at the convention. secured the leadership on the 13th , defeating . Following the result, Raitt was appointed deputy leader by Scheer, leveraging her profile to support renewal.

2019 electoral defeat and exit from politics

In the federal election on October 21, 2019, Lisa Raitt, the incumbent Conservative for Milton since 2008, was defeated by Liberal challenger , a three-time kayaking medallist. captured 51.7% of the popular vote with 30,882 ballots, marking an 11.3 swing from the s' previous performance in the riding, while Raitt received 36% with 21,538 votes. The loss ended Raitt's 11-year tenure as MP, during which she had built a reputation as one of the Conservative Party's most effective communicators and a key figure in Andrew Scheer's . Milton, a rapidly growing suburban riding west of characterized by young families and increasing ethnic diversity, proved challenging for Conservatives amid national trends favoring the Liberals in select battlegrounds despite the party's overall seat gains. Raitt's campaign leveraged her high , substantial exceeding $100,000, and a large volunteer base, yet van Koeverden's celebrity status and appeal to moderate voters in a shifting demographic outweighed these advantages. In her concession speech, Raitt expressed gratitude for representing Milton and highlighted the Conservative Party's progress under Scheer, noting an increase in seats from 99 to 121 as evidence the party was "on the rise," even as Scheer's leadership faced internal scrutiny post-election. The defeat marked Raitt's exit from elected , as she did not seek nomination in another riding or pursue further parliamentary roles. Shortly after, in 2019, she briefly assisted in organizing the Conservative leadership contest to replace Scheer, signaling a transitional step away from frontline partisanship. Raitt later reflected on the personal and professional adjustment of leaving after over a decade, describing it as both painful and liberating, while critiquing internal party dynamics that she believed contributed to the Milton outcome. Her departure prompted discussions within Conservative circles about the representation of moderate, female voices, given her role as deputy leader and advocate for pragmatic policy positions.

Post-political career

Private sector at CIBC Capital Markets

Following her defeat in the 2019 federal election, Lisa Raitt transitioned to the private sector by joining in January 2020 as Vice Chair and Managing Director, Global . In this position, she applies her background in public policy, regulatory affairs, and infrastructure from prior roles—including as president and CEO of the Toronto Port Authority—to support investment banking activities across key Canadian economic sectors such as energy, transportation, and natural resources. Raitt's responsibilities at CIBC include client advisory services, deal structuring, and strategic guidance for mergers, acquisitions, and capital raises, drawing on her ministerial experience in , , and natural resources to navigate complex regulatory and stakeholder environments. She has actively contributed to the firm's thought leadership initiatives, co-authoring insights on topics like community investments—emphasizing financing mechanisms and legal frameworks for economic partnerships—and small to medium-sized resilience amid economic . These efforts align with CIBC's focus on sector-specific advisory, where Raitt's public-sector tenure provides a bridge between and private capital deployment. As of 2025, Raitt continues in her role, participating in economic commentary series such as "The Raitt Stuff," which analyzes capital markets trends including youth employment challenges and broader macroeconomic shifts. Her appointment was positioned by CIBC as enhancing the firm's capacity to address client needs in a politically influenced landscape, reflecting a strategic hire of former policymakers to inform deal-making.

Public service and advisory engagements

Raitt has engaged in various advisory roles focused on and institutional governance since leaving in 2019. In November 2022, she was appointed to the Independent Advisory Committee for Appointments to the /Radio-Canada Board of Directors, a body convened by the to recommend qualified candidates for the public broadcaster's governing board. The committee's work emphasized merit-based selections to ensure the board's independence and effectiveness in overseeing Canada's national public media entity. She co-chairs the Coalition for a Better Future, a non-partisan alliance of over 140 Canadian organizations, leaders, and former policymakers formed to advocate for structural economic reforms, including productivity enhancements, , and sustainable growth strategies. The coalition has issued reports and public statements critiquing federal fiscal policies and urging investments in and to address Canada's lagging economic performance relative to peer nations. In public service capacities, Raitt serves as Vice Chair of the for CARE Canada, an international humanitarian non-profit that delivers emergency aid and development programs in over 100 countries, with a focus on gender equity and crisis response. She also holds a position on the of Baycrest, a Toronto-based academic health sciences centre specializing in geriatric care, brain health research, and services for aging populations. Raitt is a member of the Advisory Board of the Canada Institute at the International Center for Scholars, where she was named a Global Fellow in 2020 to contribute insights on Canada-U.S. relations, , and economic competitiveness. On August 12, 2025, she was appointed Chair of the Board of Governors at , her , overseeing strategic direction for the institution's academic programs, , and community engagement initiatives.

Ongoing political commentary

Following her departure from elected politics in 2019, Raitt has maintained an active presence as a political commentator, frequently contributing on Canadian , trade relations, and partisan leadership dynamics through television panels, podcasts, and policy forums. She appears regularly on networks including CTV's , CPAC, and CBC's , where she draws on her experience as a former cabinet minister to evaluate government responses to fiscal challenges and international pressures. In December 2024, Raitt analyzed Finance Minister Chrystia Freeland's abrupt resignation from Justin Trudeau's on CPAC, attributing it to internal tensions over fiscal strategy amid rising deficits and emphasizing the need for clearer economic messaging from the government. Earlier, in March 2025, she weighed in on Canada's counter-tariffs against U.S. measures during escalating disputes, advocating for a recalibrated approach that prioritizes resource sector competitiveness while cautioning against retaliatory escalation that could harm bilateral supply chains. Raitt's commentary has occasionally critiqued her former party, the Conservatives. On CTV Power Play in October 2025, she described Conservative leader Pierre Poilievre's statements on the RCMP—initially targeting former commissioner but perceived as institutional—as "grossly imprecise," warning of the risks in undermining public trust in without precise attribution. In April 2025, during a discussion on the federal election landscape, she dismissed overly partisan critiques, urging Conservatives to focus on substantive differentiation rather than rhetoric. Through platforms like the Wilson Center's Canusa Street podcast and CIBC's The Raitt Stuff series, Raitt has addressed U.S.- relations under evolving administrations, including opportunities for recalibration in defense spending and critical minerals development as of March 2025. Her interventions emphasize pragmatic, evidence-based , often highlighting data on GDP impacts from trade policies and the importance of institutional stability over ideological posturing.

Personal life

Family and residence

Raitt was first married to David Raitt, a alumnus, , and stay-at-home father, with whom she had two sons, John Colin and (William). The couple divorced in 2009. In 2016, Raitt married Bruce Wood, former CEO of the Hamilton Port Authority, on September 2 in Cape Breton, ; Wood has three children from his prior marriage. The blended family resides near .

Health challenges in the family

Raitt's husband, Bruce Wood, was diagnosed with young-onset in 2016 at the age of 56. This rare form of the disease, affecting individuals under 65, progressed rapidly, leading to symptoms including hallucinations, aggression, and threats of violence by , which necessitated interventions for his safety and that of the family. The condition has profoundly impacted Raitt's family, including their two children, as she balanced caregiving responsibilities with raising teenagers during Wood's decline. Raitt has described the emotional toll, noting instances where family discussions about the illness occurred "only in whispers" due to , and highlighted the challenges of young-onset cases, which often lack tailored support systems compared to late-onset . In response, Raitt became an advocate for dementia awareness, sharing her experiences through public forums such as the Alzheimer Society of and media interviews to reduce stigma and improve resources for families facing similar diagnoses. By 2024, Wood's condition had advanced to later stages, with Raitt continuing to manage his care while emphasizing the need for medical recognition of young-onset Alzheimer's in settings.

Electoral history

Federal election outcomes

Raitt was elected to represent the Halton riding in the October 14, 2008, federal election, defeating incumbent Garth Turner with 32,986 votes, equivalent to 47.5% of the popular vote. She secured re-election in the same riding on May 2, 2011, capturing approximately 58% of the vote in a contest where the candidate received 25.8% and the candidate 16.0%. Following electoral redistribution ahead of the October 19, 2015, election, Raitt ran in the newly configured Milton riding, which incorporated much of her former constituency. She won with 22,378 votes (45.4% of the total), defeating Liberal challenger Azim Rizvee by a margin of 2,438 votes (Rizvee received 19,940 votes or 40.4%). Raitt sought a fourth term in the October 21, 2019, election while serving as deputy leader of the Conservative Party. She was defeated by Liberal candidate Adam van Koeverden, an Olympic kayaker, who captured the seat with over 49% of the vote based on preliminary tallies from 180 of 196 polls; the loss ended Raitt's 11-year tenure as MP./roles)
YearRidingVotes for RaittVote shareOutcome
2008Halton32,98647.5%Elected
2011Halton~47,000~58%Re-elected
2015Milton22,37845.4%Re-elected
2019MiltonN/A (defeated)N/ADefeated by Adam van Koeverden (Liberal)

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