Tag Archives: MP salary

Members of Parliament & Senators salary

CBC NewsCanadianParliament

Key resolution from the National policy platform

Employment compensation reform

Title: Base wage act

Introduction
The original idea came from a political cartoon in the 80s showing Brian, John, and Ed on the UP escalator and the general Canadian workforce on the DOWN escalator. This representing wages for each but it’s the taxpayers of that general workforce who pay the salaries of Mr. Mulroney, Turner, and Broadbent! The salaries of those in the public sector should be aligned in some manner with those of the private sector.

Be it resolved
It is a plank in the national platform of the Federalist Party that a Federalist government shall introduce into Parliament and the Federalist Members of Parliament shall vote for a base wage act.

All salaries and benefits paid to those hired by the government of Canada shall be a multiple of the base wage this is called the base wage multiplier (BWM). The base wage is set solely by the House of Commons with a motion of adjustment passed by the House by a two-thirds majority vote. The base wage is to be currently set at $900.

Be it further resolved
That Statistics Canada by April first of each year shall determine the average annual full time salary and the average monthly unemployment rate for the preceding year. The unemployment rate shall be subtracted from the annual salary and divided by 52. The first number to 2 significant figures that is equal or higher shall be recommended to the House of Commons to be set as the Base wage for the government of Canada. This shall go into effect on July first of each year.

Be it further resolved
That unless stated otherwise all employees shall be paid a Health and retirement benefit equal to half their weekly salary paid to them each month. This compensation of employment is paid directly to the employee.
Summary
Using an annual salary of $51,300 and an unemployment rate of 6.9% this gives you a base wage of $920. That is (51300 – 6.9%) / 52 = 918.47 round up, two significant figures for 920. If MPs had a BWM (Base Wage Multiplier) of 3.5 their employment compensation would be a weekly salary of (3.5 * 920) $3,220 or $167,440 a year and a Health and retirement package of $1610 per month or half their weekly salary. This gives you a total of salary plus benefit of $186,760. What they currently receive is $160,200, plus that gold plated pension plan, plus Health benefits, and what ever else they voted for themselves.