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Business

Fed executive pay rises $571 million since 2015

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From the Canadian Taxpayers Federation

Author: Ryan Thorpe

Executive compensation in the federal government spiked by more than half-a-billion dollars since 2015, according to access-to-information records obtained by the Canadian Taxpayers Federation.

From 2015 to 2022, executive compensation across federal departments and agencies rose from $1.38 billion to $1.95 billion – an increase of 41 per cent. Meanwhile, the number of federal executives grew from 7,138 to 9,371 – an increase of 31 per cent.

Inflation increased by 19.4 per cent between 2015 and 2022, according to Statistics Canada data.

The average annual compensation among federal executives also rose from $193,600 to $208,480 during that period.

“Taxpayers need help with the rising cost of living, not higher taxes to pay for more highly paid paper-pushers,” said Franco Terrazzano, CTF Federal Director. “It’s a safe bet that most Canadians struggling with grocery bills, heating bills and mortgage payments aren’t losing sleep worrying that government executives aren’t paid enough, so why is the government ballooning its c-suite?”

Table: Federal executive compensation, 2015 to 2022

Year (as of March)

Number of executives

Executive compensation

2015

7,138

$1,381,987,936

2016

7,181

$1,406,613,900

2017

7,209

$1,410,973,156

2018

7,438

$1,460,468,760

2019

7,863

$1,555,972,489

2020

8,202

$1,692,682,269

2021

8,837

$1,836,893,134

2022

9,371

$1,953,667,640

The spike in federal c-suite pay follows years of underwhelming performance results across departments and agencies.

In 2022-23, federal departments hit just 50 per cent of their performance targets, according to data from the Treasury Board of Canada Secretariat. Each year from 2018 through 2021, federal departments met less than half of their performance targets.

“Less than 50 per cent of performance targets are consistently met within the same year,” according to a 2023 report from the Parliamentary Budget Officer, the government’s independent budget watchdog.

About 90 per cent of federal executives get a bonus each year, according to records obtained by the CTF. The feds handed out $202 million in bonuses in 2022, with the average bonus among executives being $18,252.

The feds handed out $1.3 billion in bonuses since 2015. The annual cost to taxpayers for federal bonuses has risen by 46 per cent during that time.

The number of employees receiving a six-figure annual salary has more than doubled under Prime Minister Justin Trudeau.

A total of 102,761 federal bureaucrats received a six-figure salary in 2022, according to access-to-information records obtained by the CTF. When Trudeau came to power in 2015, 43,424 federal bureaucrats were collecting a six-figure salary.

The feds also handed out more than 800,000 raises between 2020 and 2022. With the feds employing about 400,000 bureaucrats, that means multiple employees received more than one raise in recent years.

Under the Trudeau government, the size of the federal bureaucracy has spiked by about 40 per cent, with more than 98,000 new hires.

“In the last couple years, taxpayers have paid for tens of thousands of new bureaucrats, hundreds of thousands of pay raises and hundreds of millions in bonuses, and we’re still getting poor performance from the bureaucracy,” Terrazzano said. “Trudeau needs to take air out of the ballooning bureaucracy, and he should start by reining in the c-suite.”

2025 Federal Election

As PM Poilievre would cancel summer holidays for MP’s so Ottawa can finally get back to work

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From Conservative Party Communications

In the first 100 days, a new Conservative government will pass 3 laws:

1. Affordability For a Change Act—cutting spending, income tax, sales tax off homes

2. Safety For a Change Act to lock up criminals

3. Bring Home Jobs Act—that repeals C-69, sets up 6 month permit turnarounds for new projects

No summer holiday til they pass!

Conservative Leader Pierre Poilievre announced today that as Prime Minister he will cancel the summer holiday for Ottawa politicians and introduce three pieces of legislation to make life affordable, stop crime, and unleash our economy to bring back powerful paycheques. Because change can’t wait.

A new Conservative government will kickstart the plan to undo the damage of the Lost Liberal Decade and restore the promise of Canada with a comprehensive legislative agenda to reverse the worst Trudeau laws and cut the cost of living, crack down on crime, and unleash the Canadian economy with ‘100 Days of Change.’ Parliament will not rise until all three bills are law and Canadians get the change they voted for.

“After three Liberal terms, Canadians want change now,” said Poilievre. “My plan for ‘100 Days of Change’ will deliver that change. A new Conservative government will immediately get to work, and we will not stop until we have delivered lower costs, safer streets, and bigger paycheques.”

The ’100 Days of Change’ will include three pieces of legislation:

The Affordability–For a Change Act 

Will lower food prices, build more homes, and bring back affordability for Canadians by:

We will also:

  • Identify 15% of federal buildings and lands to sell for housing in Canadian cities.

The Safe Streets–For a Change Act 

Will end the Liberal violent crime wave by:

The Bring Home Jobs–For a Change Act 

This Act will be rocket fuel for our economy. We will unleash Canada’s vast resource wealth, bring back investment, and create powerful paycheques for workers so we can stand on our own feet and stand up to Trump from a position of strength, by:

Poilievre will also:

  • Call President Trump to end the damaging and unjustified tariffs and accelerate negotiations to replace CUSMA with a new deal on trade and security. We need certainty—not chaos, but Conservatives will never compromise on our sovereignty and security. 
  • Get Phase 2 of LNG Canada built to double the project’s natural gas production.
  • Accelerate at least nine other projects currently snarled in Liberal red tape to get workers working and Canada building again.

“After the Lost Liberal Decade of rising costs and crime and a falling economy under America’s thumb, we cannot afford a fourth Liberal term,” said Poilievre. “We need real change, and that is what Conservatives will bring in the first 100 days of a new government. A new Conservative government will get to work on Day 1 and we won’t stop until we have delivered the change we promised, the change Canadians deserve, the change Canadians voted for.”

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Automotive

Canadians’ Interest in Buying an EV Falls for Third Year in a Row

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From Energy Now

Electric vehicle prices fell 7.8 per cent in the last quarter of 2024 year-over-year, according to the AutoTader price index

Fewer Canadians are considering buying an electric vehicle, marking the third year in a row interest has dropped despite lower EV prices, a survey from AutoTrader shows.

Forty-two per cent of survey respondents say they’re considering an EV as their next vehicle, down from 46 per cent last year. In 2022, 68 per cent said they would consider buying an EV.

Meanwhile, 29 per cent of respondents say they would exclusively consider buying an EV — a significant drop from 40 per cent last year.

The report, which surveyed 1,801 people on the AutoTrader website, shows drivers are concerned about reduced government incentives, a lack of infrastructure and long-term costs despite falling prices.

Electric vehicle prices fell 7.8 per cent in the last quarter of 2024 year-over-year, according to the AutoTader price index.

The survey, conducted between Feb. 13 and March 12, shows 68 per cent of non-EV owners say government incentives could influence their decision, while a little over half say incentives increase their confidence in buying an EV.

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