Ottawa’s New Defence Agency CEO Could Earn up to $679K Salary

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Ottawa’s New Defence Agency CEO Could Earn up to $679K Salary
Ottawa’s New Defence Agency CEO Could Earn up to $679K Salary

Parliament Hill is shown in Ottawa on Feb. 18, 2025. The Canadian Press/Sean Kilpatrick

Prime Minister Mark Carney’s former associate who will oversee Ottawa’s new Defence Investment Agency could be cabinet’s highest paid appointee.

Toronto banker Doug Guzman was appointed CEO of Canada’s new Defence Investment Agency when it was launched on Oct. 2. The agency, which will operate within Public Services and Procurement Canada, aims to speed up defence purchases for the Canadian Armed Forces (CAF) and the Canadian Coast Guard by eliminating redundancy and red tape.

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