[5][6][7] According to Maclean's Magazine, Peter George was Ontario's highest paid university president and received over $500,000 in salary and taxable benefits in 2007.

[8] The executive of the McMaster University Faculty Association (MUFA) passed a resolution in late June 2008 that raised questions about the appropriateness of some of the specifics of President George's post-retirement payments in the form of research leaves and expressed concerns about the secrecy that seems to have characterized the process involved in his controversial contract.

[9] The contract, meant to remain confidential, provides George with a $1.4 million retirement allowance, to be paid over 14 years.

[10] In a Hamilton Spectator article in March 2010, the paper stated that George considered attempting to hide the retirement bonus from disclosure to be "the most foolish thing he did in office".

According to George, "I take full responsibility for the stupidity of converting my post-retirement allowances into a figure that was seen quite clearly as an attempt to avoid public disclosure.