Canada finance minister resigns, says not due to health issues

OTTAWA, March 18 Tue Mar 18, 2014 4:21pm EDT

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OTTAWA, March 18 (Reuters) - Canada's Finance Minister Jim Flaherty announced on Tuesday that he is resigning from politics, effective immediately, and will be returning to the private sector.

"Yesterday, I informed the Prime Minister that I am resigning from Cabinet. This was a decision I made with my family earlier this year, as I will be returning to the private sector," Flaherty said in a written statement.

Flaherty said the decision was not related to his health. He announced last year he suffers from a rare skin disease.

(Reporting by Louise Egan; Editing by Chris Reese)

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