Carney’s $700,000 Bureaucrats. The controversy erupted after Carney defended appointing two new government CEOs with annual salaries exceeding $577,000, not including bonuses. Douglas Guzman, former Royal Bank of Canada and Goldman Sachs executive, now leads the Defence Investment Agency.
Dawn Farrell, former CEO of Trans Mountain Corp. and TransAlta Corp., heads the new Major Projects Office.
Both positions, newly created by Carney’s government, come with upper pay ranges of nearly $680,000 and potential performance bonuses of up to 33%, bringing their annual compensation to roughly $700,000 each — all taxpayer-funded.