Statement by Minister Duncan on Strengthening the Public Sector Salary Disclosure Act
Today, Dwight Duncan, Minister of Finance, issued the following statement on a regulation made to strengthen the Public Sector Salary Disclosure Act:
"Earlier this year, our government committed to fixing an oversight in the Public Sector Salary Disclosure Act. Because of the oversight, directors or office holders subject to the Act who received over $100,000 in the calendar year in per diems and/or other retainers were omitted from the Sunshine List.
In keeping with the McGuinty government's commitment to accountability and transparency, I'm pleased to say that we've closed this loophole through a regulation. The regulation has amended the definition of "salary" in the Act to include specific forms of remuneration, namely per diems and retainers, received by appointees.
The names, job titles and remuneration of these appointees will now be disclosed in the annual Sunshine List.
This regulation will come into force on January 1, 2013, providing affected organizations time to ensure the new reporting requirements are met for the 2013 Sunshine List.
Ontario is the only province in Canada that publishes a compendium of salaries of broader public sector employees and those employed by government ministries and agencies. This new regulation further enhances Ontario's reputation as a leader in the transparent disclosure of salaries."