OTTAWA, May 23, 2008 – The Honourable Vic Toews, President of the Treasury Board, has accepted the recommendations of the Advisory Committee on Senior Level Retention and Compensation.

The Committee recommended a two-percent salary increase based on compensation increases in the Canadian labour market. In addition, the Committee recommended increases to the maximum performance pay for executives, deputy ministers and eligible Governor in Council appointees.

The recommendations are based on the Advisory Committee’s analysis of data collected regarding compensation paid in 2007 for equivalent jobs in the broader Canadian labour market.

“The Government has accepted these recommendations because it is important that the Government maintain its ability to attract and retain key senior personnel,” said Minister Toews. “These increases are part of the Government’s commitment to a professional, high-quality Public Service that is well equipped to meet the changing needs of Canadians, today and in the years to come.”

The Advisory Committee on Senior Level Retention and Compensation comprises private sector and academic leaders. Its mandate is to provide independent advice and recommendations to the President of the Treasury Board about compensation and overall human resources management matters concerning executives, deputy ministers, chief executive officers of Crown corporations and other Governor in Council appointees.

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