Close X
Monday, November 11, 2024
ADVT 
National

Audit won't decide if Pan Am execs get $5.7 million in bonuses

Darpan News Desk The Canadian Press, 30 Sep, 2015 12:40 PM
    TORONTO — Ontario's auditor general will conduct a financial audit of the Pan Am Games in Toronto, but will not determine if executives should split $5.7 million in bonuses.
     
    Deputy Progressive Conservative leader Steve Clark asked for a value-for-money audit, and wanted Pan Am officials to wait for the results before cutting cheques to more than 50 executives with the TO2015 organizing committee.
     
    But Auditor General Bonnie Lysyk told the public accounts committee her financial audit would not determine who should get a bonus, but would provide the facts in order for others to make the decision.
     
    Clark says he's disappointed the "extravagant" bonuses won't be dependent on the audit, and says they should not be paid until all the financial details from the summer Games are known.
     
    Sport Minister Michael Coteau has said there was a $56 million surplus in the infrastructure costs for all the new facilities built for the Games, and he expects there will be a surplus on the operations side as well.
     
    Clark says the audit will at least provide taxpayers with the actual cost of the Pan Am Games — estimated at $2.4 billion.

    MORE National ARTICLES

    B.C. Judge Hands Former NHL Player Rudy Poeschek Jail Time, Fine For Assault, Driving Charges

    A former NHL tough guy has been handed a conditional sentence, 45 days in jail and a $1,500 fine for separate assault and driving offences.

    B.C. Judge Hands Former NHL Player Rudy Poeschek Jail Time, Fine For Assault, Driving Charges

    Tima Kurdi Travels To Brussels To Call For More Help For Syrian Refugees

    The aunt of the Syrian refugee child whose body washed up on a Turkish beach is appealing for more help for Syrian refugees.

    Tima Kurdi Travels To Brussels To Call For More Help For Syrian Refugees

    New Trial For Ontario Lacrosse Player Convicted Of Second Degree Murder

    New Trial For Ontario Lacrosse Player Convicted Of Second Degree Murder
    Tashina General went missing in late January 2008. Her disappearance sparked an investigation on both sides of the U.S.-Canada border, with aerial searches and sweeps with dogs.

    New Trial For Ontario Lacrosse Player Convicted Of Second Degree Murder

    Fallen Hero Steve Fonyo Says He's Focused On Rebuilding Troubled Life

    The once-celebrated runner is back in the spotlight with a documentary about his troubled life at the Toronto International Film Festival.

    Fallen Hero Steve Fonyo Says He's Focused On Rebuilding Troubled Life

    Quebec National Assembly Returns After Summer Break

    Quebec National Assembly Returns After Summer Break
    Premier Philippe Couillard's governing Liberals and the Opposition Parti Quebecois have promised less political partisanship during the daily question period.  

    Quebec National Assembly Returns After Summer Break

    Alberta Mom Denied Marijuana Prescription For Daughter Turns To Ontario Clinic

    Alberta Mom Denied Marijuana Prescription For Daughter Turns To Ontario Clinic
    An Alberta mother whose daughter has severe epilepsy has travelled to Ontario for a medical marijuana prescription after the girl's doctor said he was no longer allowed to provide permission to purchase the product.

    Alberta Mom Denied Marijuana Prescription For Daughter Turns To Ontario Clinic