Prime Minister Mark Carney’s former associate who will oversee Ottawa’s new Defence Investment Agency could be cabinet’s highest paid appointee.
Toronto banker Doug Guzman was appointed CEO of Canada’s new Defence Investment Agency when it was launched on Oct. 2. The agency, which will operate within Public Services and Procurement Canada, aims to speed up defence purchases for the Canadian Armed Forces (CAF) and the Canadian Coast Guard by eliminating redundancy and red tape.
Guzman is set to earn between $577,300 and $679,100 per year, according to an Oct. 1 cabinet order that was first covered by Blacklock’s Reporter. Guzman could also earn a 33 percent bonus on top of his salary….