Thursday, March 20, 2025

Why We Need A Department of Government Efficiency

To wit:

Although Justin Trudeau, 53, might be a couple of years away from choosing to draw from his federal retirement payouts, the former Canadian prime minister is estimated to earn $8.4 million in total from two pensions, the Canadian Taxpayers Federation says.

Trudeau’s annual remuneration upon leaving office, according to Parliament, was $406,200 — $203,100 for the prime minister’s official salary and the same amount for the basic indemnity paid to all members of the House of Commons. (He also received a $2,000 annual vehicle allowance.)

As for his index-linked pension, using his highest-paying five years of his 17 in office, Trudeau’s will be calculated at three per cent, according to the Members of Parliament Retiring Allowances Act.

Provided he begins drawing upon his 55th birthday on Dec. 25, 2026  — which will carry a one per cent penalty for every year before 65 — CTF estimates Trudeau stands to earn $141,000 in annual pension payments. By the CTF’s accounting, should he live to 90, he’ll have received $6.5 million.

The Act also includes a provision to provide a prime minister who has held office for at least four years with a special retirement allowance equal to three per cent times their years as prime minister and their pension salary at the time allowance payout begins.


Nothing short of thievery.

Was that Justin's price to walk away and have Carney installed?


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