Source: Ottawa Citizen
OTTAWA — A wealthy Conservative party fundraiser named to the Senate by Stephen Harper collected more than $290,000 in directors fees on top of his Senate salary while attending dozens of corporate board meetings in 2012.
Corporate filings show that Irving Gerstein, the former official agent of the Conservative Party, was listed as in attendance for at least 48 board meetings last year.
Gerstein, 72, chairs the board of Atlantic Power Corp., a Boston-based energy company. He is also a director on the boards of Medical Facilities Corp., owner of surgical centres in the U.S., and Student Transportation Inc., which operates school buses in Canada and the U.S.
His annual director’s fees and other compensation from the publicly-traded companies totaled $290,250 USD.
As a senator, he earns $135,200 annually plus an additional $11,200 as chair of the Senate banking committee.
Read more: Ottawa Citizen