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Barrick Gold Corp
Symbol ABX
Shares Issued 1,164,669,708
Close 2015-03-30 C$ 14.13
Market Cap C$ 16,456,782,974
Recent Sedar Documents

Globe says Baird nominated to sit on Cdn Pacific board

2015-03-31 08:22 ET - In the News

See In the News (C-CP) Canadian Pacific Railway Ltd

The Globe and Mail reports in its Tuesday edition that former foreign affairs minister John Baird is on a list of proposed candidates for directorships at Canadian Pacific Railway. The Globe's Steven Chase writes that if his nomination succeeds, this will be Mr. Baird's second post in corporate Canada after quitting the Harper government cabinet earlier this year. Directors earn about $235,000 a year in this post and investors are being asked to vote on the nomination. Barrick Gold said last week it has hired Mr. Baird as a director. He will serve as an international adviser to Barrick. The Globe says Mr. Baird was personally lobbied three times by Barrick during his tenure as foreign affairs minister. NDP ethics critic Charlie Angus says the ease with which former Tory government ministers move into big business jobs in Canada is a sign that Ottawa needs stricter lobbying rules. Mr. Angus believes the definition of what constitutes lobbying is too limited. Mr. Baird says his two jobs were cleared by federal Ethics Commissioner Mary Dawson. The Globe notes that none of the ministers who have left the Harper government have been found in contravention of federal ethics rules.

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