Did the minister approve the bonuses paid to the former president of the Canada Infrastructure Bank?
As I have already said, the compensation range for the CEO is determined by the bank and is public knowledge because of the legislation
Mr.Berthold, the floor is yours.
Thank you, Mr.Chair. If the new president stays in the position for five years, he could be entitled to a bonus totalling $4million, in addition to his salary of $3million. Does the Minister of Infrastructure and Communities consider that this is a good way to spend taxpayers' money?