In November 1993, the newly re-elected Paul Martin was appointed to the cabinet and named Minister of Finance. On February 1, 1994, Martin placed his shares in CSL Group Inc. under a "Supervisory Agreement" to be managed by lawyers and financial advisors, although he would be allowed to intervene in company decision-making should events warrant.
In June 2002, Martin quit the cabinet as Minister of Finance to pursue a bid for leadership of the
Liberal Party of Canada. On March 11, 2003, Martin bowed to public and media pressure on his interest in CSL Group Inc. and announced that he would sell his interests in the company to his three sons, saying that his ownership would "provide an unnecessary distraction during the leadership race."
On December 12, 2003, Martin became the 21st
Prime Minister of Canada. On January 28, 2004, the federal government, in response to opposition party and media enquiries, revealed that CSL Group Inc. had received $162 million in federal government contracts, grants and loans since Paul Martin became Minister of Finance in 1993. Earlier figures released in 2003 had suggested CSL Group Inc. had only earned $137,000 in federal government contracts during this time period.