Close X
Friday, November 15, 2024
ADVT 
National

Bloc leader says he is shocked by millions in 'juicy' bonuses awarded to CBC execs

Darpan News Desk The Canadian Press, 15 Aug, 2024 04:00 PM
  • Bloc leader says he is shocked by millions in 'juicy' bonuses awarded to CBC execs

The $18.4 million CBC/Radio-Canada awarded in bonuses to its employees this year is shocking, Bloc Québécois Leader Yves-François Blanchet said.

He also said bonuses at the public broadcaster aren't justified because a government-owned corporation doesn't face competition like in the private sector. 

"The juicy bonuses given under the pretext that without them we aren't competitive in the market — well, we've been hearing that for decades .... Negotiate yourself a salary," Blanchet told reporters in the lobby of the House of Commons. 

Describing bonuses as icing on a cake, Blanchet suggested the corporation was using them as a "kind of backdoor salary" that hides how much people are really being paid because the bonuses are only revealed in the media "once a year."

"There can be a little bit of icing, but when the icing becomes part of the salary, I usually start to question things," Blanchet said, adding that the millions of dollars in bonuses "shocks" him.

The Canadian Press reported this week that the public broadcaster paid $18.4 million in bonuses to 1,194 employees this year after it eliminated hundreds of jobs. That included $3.3 million paid to 45 executives, which comes out to an average bonus of more than $73,000.

More than $10.4 million was paid out to 631 managers, and over $4.6 million was paid to 518 other employees. 

This year's amount is an increase from the $14.9 million paid out to 1,143 employees in the 2022-23 fiscal year. 

Opposition Conservatives want the head of the public broadcaster, Catherine Tait, to return to the parliamentary hot seat and provide answers. Earlier this year, members of the House heritage committee unanimously concluded in a report presented to the House of Commons that, given the budget cuts, it would be inappropriate for the CBC to award bonuses to its executives.

It is not clear whether Tait was among those who received performance pay this year. The CEO's performance pay is determined based on a recommendation from the CBC/Radio-Canada board of directors, with approval from the federal government. 

The CBC and the federal government have both refused to answer questions, citing privacy rules. 

Between December 2023 and March 31, CBC/Radio-Canada laid off 141 employees and cut 205 vacant positions. 

NDP heritage critic Niki Ashton said, "it is time to prohibit the CBC from giving bonuses to executives, and for it to use that money to save local journalism."

MORE National ARTICLES

Weather window may help search for three missing mountaineers: B.C. RCMP

Weather window may help search for three missing mountaineers: B.C. RCMP
Police and rescue teams hope a window of good weather will help the search for three mountaineers lost since Friday on Mount Garibaldi in British Columbia. A Squamish RCMP spokeswoman says the clearing conditions could allow an aerial assessment of the area before search and rescue teams are deployed in the "complex terrain."

Weather window may help search for three missing mountaineers: B.C. RCMP

Fatal stabbing in Chinatown

Fatal stabbing in Chinatown
Police say they're investigating a fatal stabbing this morning in Vancouver's Chinatown. They say officers responded to a report of a man in medical distress on Union Street just before 3:30 a-m. 

Fatal stabbing in Chinatown

Family phone plans hinder escape from domestic violence: Women's Shelters Canada

Family phone plans hinder escape from domestic violence: Women's Shelters Canada
Women's Shelters Canada is calling on phone companies to adjust how they respond to those escaping from domestic violence, saying the costs of changing a phone number and difficulties leaving a shared plan are key barriers for victims.

Family phone plans hinder escape from domestic violence: Women's Shelters Canada

Cybersecurity standards emerging in Canada as ransomware business booms

Cybersecurity standards emerging in Canada as ransomware business booms
The ransomware business is booming in Canada. Recent victims have included large corporations such as retailer London Drugs, as well as the City of Hamilton, Ont., and the government of Newfoundland and Labrador.

Cybersecurity standards emerging in Canada as ransomware business booms

Bank of Canada cuts key interest rate for first time in more than four years

Bank of Canada cuts key interest rate for first time in more than four years
The Bank of Canada cut its key interest rate for the first time in more than four years Wednesday, marking a major turning point in its fight against inflation. With the quarter-percentage-point cut, the central bank’s key interest rate now stands at 4.75 per cent.

Bank of Canada cuts key interest rate for first time in more than four years

Machete wielding carjacking

Machete wielding carjacking
A woman has been charged after allegedly stealing a taxi cab while wielding a machete. Victoria police say the woman requested a ride to several places on Friday night and when the cab driver asked her to pay up, she allegedly threatened the driver with a machete and drove off with the taxi.

Machete wielding carjacking