The province is moving forward with new legislation, aimed at establishing a pay grid for executives on its agencies, boards and commissions.
Bill 19 will also allow the government to find out how much it is paying those executives right now.
Finance Minister Joe Ceci admits he wasn’t able to “compel” those groups to get that information.
“Why I’m surprised is that I’m here kind of bringing in this bill to compel 27 agencies, boards and commissions to provide this information,” Ceci told reporters Wednesday afternoon. “I think after we have the information, we will be looking at that in more detail.”
Those agencies are allowed to set their own wages for executives right now, and don’t have to tell the province exactly how much is handed out in base pay, bonuses and severance.
There have been several reports of some executives getting hefty six-figure salaries and severance payouts, and Ceci wants to get to the bottom of it all.
“We believed there was great divergence in the compensation frameworks and amounts of CEO’s and so we chose that line and those over it have to now provide the information,” Ceci added.
You can read more about Bill 19 here.