Hydro One became a private corporation in May of 2017.   
      
   This '$1.7 million raise' that occurs at the end of a financial year & they've   
   decided it would be based on "productivity".   
      
   Looks like the SHAREHOLDERS of Hydro One don't have a problem with paying Mr   
   Mayo Schmidt an extra $1.7 million over the amount that had been paid by   
   taxpayers when Ontario was the majority owner: $4.84 million.     
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   The article:   
      
   It was a good year to be the boss at Hydro One.   
      
   Chief executive officer Mayo Schmidt got a $1.7-million raise, lifting his   
   total compensation for 2017 to $6.2 million at the former Crown corporation   
   partially privatized by Premier Kathleen Wynne’s Liberal government two   
   years ago.   
      
   With the June 7 provincial election just 10 weeks away, opposition parties   
   jumped on the issue Thursday as Hydro One released compensation details for   
   its top five executive just hours before the Easter long weekend began.   
   ______________________________   
      
   “That said, Hydro One is now a publicly traded company, not a government   
   entity, and this means it is subject to different oversight and disclosure   
   rules. We remain confident in the role of the independent Ontario Energy   
   Board, to regulate Hydro One’   
   s rates and protect the interests of Ontarians.”   
      
      
   http://torontosun.com/news/provincial/hydro-one-ceos-6-2m-salary   
   outrageous-pcs-say   
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   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)