CBE: Confusion Over Pay Raises

Over the weekend some very confusing information came out in the press about executive and 'non-union' pay raises at the CBE.  Don Braid wrote a blistering column about the "stupidity" of the board and in an editorial the next day Pat Cochrane (Chair of the Board of Trustees) defends the raise as an item that was budgeted for work done last year.  At a time when the fiscal environment for public funds is so dire, executive pay raises can be a hard pill to swallow.


Here is Don Braid's article and here is Pat Cochrane's defence. And with more on the subject, here is Richard Cuthbertson'offering in today's Herald.