University principal paid premium to stay at own house

Bishop's University Principal Michael Goldbloom (Photo from Bishop's University website)

Bishop's University Principal Michael Goldbloom (Photo from Bishop's University website)

Jean-Luc Lavallee, QMI Agency

, Last Updated: 4:40 PM ET

QUEBEC CITY - Whenever the principal of Bishop's University in Sherbrooke, Que., returns to Montreal and spends the night at his house, he pockets $250 per sleepover.

The perk was among several details of Michael Goldbloom's contract revealed in documents obtained by QMI Agency.

Goldbloom's new contract extension pays him a $273,890 base annual salary - about $100,000 more per year than counterparts whose schools are 10 to 15 times larger.

The principal, equivalent to a rector, had his contract renewed through to 2018 and lives on the campus in Quebec's Eastern Townships for $700 a month.

Bishop's, one of Canada's smallest universities with 2,700 undergraduate students, pays Goldbloom's maintenance costs.

Since he travels frequently to Montreal, the school's board of governors prefers to pay him a portion of his mortgage rather than a hotel bill.

"The university has determined that it would be more advantageous for Mr. Goldbloom to retain his residence in Montreal," his contract reads.

 

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