Subhead:The Federal Court challenge by the Canadian Taxpayers Federation and Open by Default founder Matthew Malone follows the Bank of Canada’s refusal to disclose compensation paid to its governors and senior deputy governors between 2012 and 2023.# The Canadian Taxpayers Federation is taking the Bank of Canada to Federal Court in an effort to force the release of records showing how much the central bank pays its top officials. The challenge follows the Bank of Canada’s refusal to disclose compensation paid to its governors and senior deputy governors between 2012 and 2023, including salaries, bonuses and performance pay, after an access-to-information request sought the records. “The Bank of Canada is a Crown corporation owned by Canadians and Canadians have a right to know how much money its top officials are taking,” said Devin Drover, the CTF’s general counsel. “Access-to-information laws exist so Canadians can scrutinize how government institutions operate and the Bank of Canada is violating that fundamental principle by concealing records.” The bank argued the information is exempt from disclosure under the “personal information” provision of the federal Access to Information Act.