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How much does the Bank of Canada governor earn? Not even Tiff Macklem knows for sure

Summary by Ground News
Macklem's wages are set by cabinet, on the advice of an advisory committee on senior level retention and compensation. But according to the Treasury Board, that committee hasn't been active since 2015. For now, Macklem is getting paid according to a scale recommended and approved by the committee for the year 2017. That means he earns somewhere between $463,000 and $545,000 a year.

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The Toronto StarThe Toronto Star
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How much does the Bank of Canada governor earn? Not even Tiff Macklem knows for sure

The federal government hasn’t updated the pay scale for senior Bank of Canada officials since 2017. When it does, Macklem — and his predecessor — could earn retroactive pay.

·Toronto, Canada
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  • 100% of the sources lean Left
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The Toronto Star broke the news in Toronto, Canada on Tuesday, February 28, 2023.
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