The extravagance of OPG (Ontario Power Group) goes on and on...

Auditor finds OPG generous salaries, pensions, bonuses push up electricity rates

By Keith Leslie, The Canadian Press | The Canadian Press

TORONTO - Salaries, pensions and bonuses at Ontario Power Generation are "significantly more generous" than for comparable positions in the civil service, and have a financial impact on the cost of electricity, Auditor General Bonnie Lysyk reported Tuesday.

OPG has cut staff by 8.5 per cent, but increased the size of "its highly paid executive and senior management group" by almost 60 per cent since 2005, creating "a top heavy organization," Lysyk said in her annual report.

"Earnings and benefits were significantly more generous at OPG than for comparable positions in the Ontario Public Service, and many of OPG's senior executives earned more than most deputy ministers," she reported.

See the full story Yahoo News.ca

This just in: Bob Chiarelli's response:

"Energy Minister Bob Chiarelli said OPG knows the auditor's conclusions are unacceptable.

"The auditor's findings indicate that Ontario can and should expect better, and OPG takes this report as seriously as we do," he said." [editor's note: Which is not at all.]