…and we’ll put your bonus on hold.

According to an article in yesterday’s Ottawa Citizen.  Apparently the Royal Canadian Mint is a tad short on gold. 17,500 troy ounces to be exact.  And they can’t figure out where it went. The Government’s response?  Put executive bonuses on hold.

Perhaps I missed something, but last time I looked, $15.3 million was a lot of money, and executives had an obligation to safeguard assets in their care. There’s no excuse for sloppy accounting, especially at the Mint. How about we cancel those bonuses and send a few executives home for a while.  To work on their resumes.

Leave a Reply