For the past five years, outgoing Metrolinx CEO Phil Verster has been receiving a $12,000 vehicle allowance, sources say he doesn’t even use. Despite not owning a vehicle, Verster has been entitled to this yearly allowance, raising questions about the use of taxpayer funds within the transportation agency. The revelation has sparked criticism and calls for greater transparency regarding executive compensation within Metrolinx.
Verster’s vehicle allowance, which amounts to $1,000 per month, has come under scrutiny as it appears to be an unnecessary expense for someone who does not require a vehicle for work-related purposes. The decision to award Verster with this allowance raises concerns about the accountability and oversight of executive perks within the organization.
Metrolinx, the provincial transit agency responsible for planning, building, and operating transportation networks in the Greater Toronto and Hamilton Area, has faced increasing scrutiny in recent years over its management practices and budget allocation. Verster’s vehicle allowance is just one example of the lack of transparency and accountability within the organization.
As Verster prepares to step down as CEO of Metrolinx, questions remain about the use of executive perks and allowances within the organization. Taxpayers and transit riders are demanding greater accountability and oversight to ensure that public funds are being used responsibly and effectively. The revelation of Verster’s unused vehicle allowance highlights the need for greater transparency and accountability within Metrolinx.
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Video “Outgoing Metrolinx CEO receives yearly vehicle allowance sources say he doesn’t use” was uploaded on 12/03/2024 to Youtube Channel Global News