Report criticizes salaries for B.C. Ferries executives

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Report criticizes salaries for B.C. Ferries executives
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Salaries higher than allowed by Coastal Ferry Act, report says

The salaries earned by B.C. Ferries’ key executives continued to soar following a report commissioned by the B.C. Ferry Authority that stated the team was overpaid.

This claim was backed by a document released three months earlier and commissioned by the authority to see how B.C. Ferries executive compensation compared to six large B.C. public sector organizations. It came as the provincial government — through the Coastal Ferry Amendment Act — sought to bolster the authority’s control over B.C. Ferries operations.

The report recommended Collins earn a base pay of $406,000 and have a total salary and benefits package of less than $500,000. It recommended the two highest paid vice-presidents have their base salaries reduced to $347,000 a year.

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