Remuneration of the CEO of Hydro-Québec, the opposition is denouncing an “orgy of wage increases in liberal”

News 14 March, 2018
  • File Photo, Simon Clark
    “Coudon, you grease your gang before you go?”, launched Alain Therrien to the intention of the minister of Energy and natural Resources, Pierre Moreau.

    Patrick Bellerose

    Wednesday, march 14, 2018 15:58

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    Wednesday, march 14, 2018 15:58

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    The increase of the salary of the CEO of Hydro-Québec, Éric Martel, was denounced by the PQ and the CAQ on Wednesday.

    • READ ALSO: the remuneration of The grand patron of Hydro-Québec explodes 26%
    • READ ALSO: The CEO of Hydro-Québec defends its pay rise of 26%

    “After the doctors, the executives of Bombardier, the Caisse de depot, it is now the wages of P. D. G. Hydro-Québec, which explodes under the liberal regime,” said the critic of the parti québecois in the field of economy, Alain Therrien, during the question period at the blue Room. He termed the”orgy of wage increases liberal”.

    The remuneration of the CEO of Hydro-Québec increased from 647 263 $ 2016 $ 815 466 $ in 2017, including the salary and the bonus to the performance.

    “Coudon, you grease your gang before you go?”, launched Alain Therrien to the intention of the minister of Energy and natural Resources, Pierre Moreau.

    The day before, the criticism of the parti québecois denounced the increase in the average remuneration of employees of the Caisse de dépôt et placement du Québec, which has doubled since 2013.

    “Shocking,”

    On the side of the CAQ, François Bonnardel said to find “extremely shocking to see the increase of the salary of the CEO of Hydro-Québec”.

    “There’s no Quebecers who have had a salary increase of this magnitude,” said the parliamentary leader of the CAQ.

    File Photo, Simon Clark

    François Bonnardel has requested that the minister Moreau “reveals on which assessment is based the increase of the remuneration of Eric Martel.

    Under a possible government of the CAQ, the salary of the CEO would it be downgraded ? “It is necessary to assess,” says François Bonnardel. If the CEO of Hydro One, or other similar companies in North America deserve a wage similar, okay.”

    $ 4.4 million in Ontario

    A few hours later, the minister Pierre Moreau has reminded the house that the CEO of Hydro One receives an annual retainer of$ 4.4 million “cost much less”.

    File Photo, Simon Clark

    “Within societies of public utility in North America and elsewhere in Canada, it would also have a higher compensation to that,” he added. The result is the same in the other large private companies in Quebec.

    “When one wants to have the best, it pays,” said Pierre Moreau.

    In an interview with Pierre Bruneau at TVA Nouvelles, Éric Martel has also argued that its counterparts elsewhere in Canada are much better paid. The ex-high-ranking Bombardier stresses that her “salary was decreased to about 60%, 70%” passing to the public.

    “I wanted to render service to the people of quebec,” he says.

    ARCHIVAL PHOTO, QMI AGENCY