February 26, 2004
(Letter to the National Post)
Dear Editor:
I would like to correct some misinformation in the February 26th column, "Ouellet's amazing staying power," by Diane Francis.
While the Privacy Act prohibits the release of the exact salary and benefits of any individual, I can tell you that Mr. Ouellet's salary range as President and Chief Executive Officer of Canada Post stands between $256,600 and $301,900 per year. The $319,300, as quoted by Ms. Francis, and the mention of a corporate jet as a perk, is completely false.
Mr. Ouellet has never received his parliamentary pension either as Chairman of the Board or while serving as President and CEO of Canada Post.
As noted in the article, the Honourable André Ouellet served as Canada's Postmaster General on two separate occasions, 1972 to 1974 and again from 1980 to 1981. Mr. Ouellet guided through Parliament the Act that transformed the Post Office Department to a Crown Corporation, and in 1981, he became the first Minister responsible for Canada Post Corporation, a position he held until 1984.
Mr. Ouellet was appointed as Chairman of the Board of Directors of Canada Post in 1996 and became President and CEO three years later. Canada Post has turned a profit every year since then and has grown to a $6 billion a year company.
Sincerely,
John Caines
Manager, National Media Relations
(613) 734-7675
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