Page "John Turner" Paragraph 13

In his memoirs, Trudeau wrote that Turner said he resigned as Finance Minister in 1975 because he was tired of politics, after 13 years in Ottawa, and wanted to move on to a better-paying job as a lawyer in Toronto, to better support his family and to be with them more, as his children were growing up.

Trudeau also suggested that Turner's years as finance minister were very difficult because of turbulent and unusual conditions in the world economy, characterized as stagflation, largely caused by enormous increases in the price of oil.