Hubert Lacroix: Lacroix had been submitting claims for living expenses since he started his job as CEO and president of on Jan. 1, 2008, despite having negotiated a $1,500 per month living allowance after deciding not to move to Ottawa, where the is headquartered. Lacroix lives in Montreal. , according to CBC. The rule, known as section nine of Schedule K, was approved by the board of directors in March, 2006, but auditors found that nobody seemed to be aware of the rule. Lacroix and "the executives and managers currently charged with reviewing the president's expenses" didn't know about Schedule K, the auditors found. president Hubert Lacroix repaid nearly $30,000 in living and meal expenses last fall after an internal audit found he had been wrongly claiming accommodation costs since his 2008 appointment. The expense claims were approved despite an appendix to a bylaw for director compensation that says the president is entitled to be paid reasonable travel and living expenses for work "at any place other than the head office of the corporation," the auditors said in a memo about the review of Lacroix's expenses.
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22.2.14