Marwah received corporate compensation of $341,500 as director of Cineplex Inc. and George Weston Ltd. in 2020
Marwah, a Liberal Party appointee, doubled parliamentary salaries in company executive salaries, but he He disclosed in his ethics report that he had taken a paid position as a director of the corporation. According to Blacklock's,
Marwah updated his filing two weeks before he stepped down as chairman of the Senate Committee on the Internal Economy. "I intend to step down as chairman of the committee at the end of this meeting," Mahwah said at a June 23 hearing. "I believe we have really accomplished a lot," he said.
The Senator's Ethics and Conflict of Interest Regulations do not prohibit members from accepting corporate appointments while receiving the annual Senate salary of $164,500. Active stock trading of listed companies is also permitted.
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Mahwah announced that in 2020, Cineplex and George As directors of Weston, he earned $341,500 in corporate compensation. , says Black Clock. In 2019, Marwa stepped down from the board of Telus Communications Inc., which paid him $228,279 a year. His three of his director appointments included stock his options totaling $4.3 million, according to his financial documents.
Mahwah in 2021 did not answer questions about whether he kept his Street Bay office in Scotiabank and used his bank email address when conducting Senate business. . Marwa was Scotiabank's chief administrative officer and worked for the bank for 35 years before Prime Minister Justin Trudeau appointed him to the Senate in 2016, Blackrock said.
BlackRock's said Mahwar declined multiple requests for interviews.
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