6,000 Hydro One staff earn more than 100,000 dollars

subscribe

Almost 6,000 employees at Hydro One and Ontario Power Generation earn more than $100,000 a year, according to the Ontario government's latest figures.

Topping the list is Hydro One CEO and president Tom Parkinson with $1,069,442. OPG acting president and CEO Richard Dicerni, meanwhile, made $885,217.

The figures are contained in the government's list of public servants making more than $100,000 a year.

The list was released before a recent hike in electricity rates that will see the bills of consumers jump by $6 to $10 a month.

"This is a cruel April fool's joke on people across Ontario," NDP Leader Howard Hampton said after the salary disclosure release of public servants making six figures.

"There are a lot of people who will have to do without a meal to pay the hydro bill or they will have to think about not having clothes for their kids... while you've hydro executives here who are frankly robbing the bank," Hampton said.

But Finance Minister Greg Sorbara emphasized that the salaries were under control after years of increases under the previous Conservative government.

"The trends are significantly down both in OPG and... Hydro (One) and that's good. These are companies with long histories and high pay scales," said Sorbara.

"It's important that in the renewal of the public service the fact is that we're four per cent down in the number of very high earners in Ontario. That's good," he said.

Similarly, the salaries paid hospital executives raised eyebrows given their complaints about lack of funding for their facilities and the fact many must run deficits as a result.

Leading the pack was Tom Closson, former president and CEO of Toronto's University Health Network, with $612,500.

Health Minister George Smitherman said hefty salaries for hospital CEOs are tough to swallow when belt-tightening is the order of the day in health care.

"I have been very, very clear in sending a message that this needs to be an era of restraint in health care," Smitherman told reporters, noting MPPs have had their salaries frozen.

"This is a more appropriate message that other leaders in public-sector entities need to be following," he said.

Other prominent big earners included Don Guy, chief of staff to Premier Dalton McGuinty, who earned $178,764 — less than the whopping severance paid to former premier Ernie Eves' ex-chief Steve Pengelly, who made $179,383.

Departing chair of the Ontario Securities Commission, David Brown, made $641,938; Dale Richmond, CEO of OMERS, earned $433,656; former CFTO TV Queen's Park reporter Leon Korbee, vice-president of Workplace Safety and Insurance Board, was paid $164,703.

Lorna Marsden, president and vice-chancellor of York University, made $326,540 while departed University of Toronto president Robert Birgeneau made $304,077.

At TVOntario, the $100,000 club included Studio 2 co-hosts Steve Paikin, who made $181,977, and Paula Todd, who earned $179,764.

Related News

Gov. Greg Abbott touts Texas power grid's readiness heading into fall, election season

HOUSTON - Gov. Greg Abbott said Tuesday that the Texas power grid is prepared for the fall months and referenced a new seasonal forecast by the state’s grid operator, which typically does not draw much attention to its fall and spring grid assessments because of the more mild temperatures during those seasons.

Tuesday’s new forecast by the Electric Reliability Council of Texas showed that there should be plenty of power supply to meet demand in October and November. It also showed that many Texas power plants are scheduled to be offline this fall for maintenance work. Texas power plants usually plan…

READ MORE
vietnam-redefines-offshore-wind-power-regulations

Vietnam Redefines Offshore Wind Power Regulations

READ MORE

us energy support

Energy Security Support to Ukraine

READ MORE

tesla charging station

South Australia rides renewables boom to become electricity exporter

READ MORE

IEA warns fall in global energy investment may lead to shortages

READ MORE