The House of Commons Transportation committee reported this week that the Canada Infrastructure Bank is in breach of a committee order, dated March 23, demanding it discloses how much it is paying its executives in bonuses and severance.
Calgary-area Conservative MP Stephanie Kusie, revealed “millions of dollars have been paid to executives,” some of whom are no longer even with the CIB.
Last year, the bank that can’t even give away government money in the middle of a pandemic, nonetheless reported it had paid $3.4 million in bonuses to executives and $3.8 million in severance. Some severance went to employees who left willingly.
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