Canadians often decry the gold plated pensions of their MPs or the severance packages for their representatives from their provincial legislatures.
But one set of payouts that always seems to fall under the radar are the severance payments that municipal councils have often voted-in for themselves.
In civic elections this year — in Manitoba, in Ontario and in British Columbia — outgoing councillors and mayors are collectively going to cash-in on millions of dollars.
According to the Winnipeg Sun, ex-Winnipeg councillors are entitled to three weeks salary for every year in office up to a maximum of six months.
They note that following the Oct. 22 election, the severance packages of former mayor Sam Katz and seven ex-city councillors will cost taxpayers $400,000.
In Ontario, the total comes to almost half a million dollars.
The Toronto Sun reports that "every member of council is eligible to collect 1/12 of their annual salary for every year of service when they leave officeRead More »from Outgoing city councillors destined for soft landings thanks to big severance payouts