Shane Woodford | Email news tips to shane.woodford@corusent.com
7/26/2012
BC's Finance minister says municipal wages and benefits are too high.
Kevin Falcon says over the last five years municipal level wages have grown over 20%.
"That is just entirely not sustainable it also creates another challenge that we run into the problem where our senior executive talent in government is often being poached by the GVRD or by local governments that are paying very very high salaries and compensation packages."
Falcon says the municipal wage growth comes at a time when the rest of the world is tightening its fiscal belt.
He says he finds spiralling municipal compensation packages "frustrating."
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