Wynne tells OPG its salary cap for CEO is too high at $3.8 mil­lion

The Hamilton Spectator - - CANADA & WORLD -

Premier Kath­leen Wynne says On­tario Power Gen­er­a­tion must come up with a more rea­son­able salary range than the $3.8-mil­lion cap it ar­rived at for the CEO.

Her com­ments to The Cana­dian Press come af­ter her gov­ern­ment faced days of crit­i­cism for raises to­talling up to $8 mil­lion for about 80 ex­ec­u­tives at OPG and a po­ten­tial raise of up to $118,000 for the head of tran­sit agency Metrolinx.

As a wage freeze lifts, all broader pub­lic sec­tor agen­cies have un­til Septem­ber to post their pro­pos­als for new ex­ec­u­tive com­pen­sa­tion pack­ages.

But af­ter pub­lic out­cry over the OPG salaries and pro­posed Metrolinx raises, the gov­ern­ment sent a memo Fri­day to the more than 300 broader pub­lic sec­tor or­ga­ni­za­tions say­ing it expects any in­creases to be “mod­est.”

OPG has said that even though the CEO’s salary cap is $3.8 mil­lion — up from the cur­rent salary of $1.5 mil­lion — he would earn much less. Wynne says she thinks OPG said that be­cause they know it’s too high.

Mean­while, Trea­sury Board Pres­i­dent Liz San­dals apol­o­gized for us­ing “in­sen­si­tive” lan­guage when she said most GO train rid­ers prob­a­bly don’t have the qual­i­fi­ca­tions to run a multi­bil­lion-dol­lar cor­po­ra­tion or nu­clear op­er­a­tions.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.