Close X
Thursday, September 19, 2024
ADVT 
National

CBC paid over $18 million in bonuses in 2024 after it eliminated hundreds of jobs

Darpan News Desk The Canadian Press, 12 Aug, 2024 10:58 AM
  • CBC paid over $18 million in bonuses in 2024 after it eliminated hundreds of jobs

The Canadian Broadcasting Corp. paid $18.4 million in bonuses this year after hundreds of jobs at the public broadcaster were eliminated. 

Documents obtained through access to information laws show CBC/Radio-Canada paid out bonuses to 1,194 employees for the 2023-24 fiscal year.

More than $3.3 million of that was paid to 45 executives. 

That means those executives got an average bonus of over $73,000, which is more than the median family income after taxes in 2022, according to Statistics Canada. 

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

The Conservatives said bonuses are "beyond insulting and frankly sickening," adding they come at a time when many Canadians are starving and facing homelessness. 

The board approved the bonuses in June, but it had been refusing to disclose how much was paid out. 

Members of Parliament have been asking for the figure since last December, when CBC announced it would be laying off employees to help balance its budget.

Ultimately 141 employees were laid off and 205 vacant positions were eliminated at CBC/Radio-Canada. 

CBC did not immediately respond to a request for comment. 

The public broadcaster has said the money is performance pay and counts toward some employees' total compensation, as stipulated by contracts that promise payouts when certain company goals are met.

In May, CEO Catherine Tait said it brings her "great frustration" that MPs refer to the payouts as a "bonus."

"A bonus, in my mind, is something that is given out on a discretionary basis," she said at House of Commons heritage committee meeting. "Performance pay is a part of the total compensation of an individual that is contracted or agreed upon at the beginning of their employment."

Nonetheless, its board acknowledged the negative optics of giving out bonuses during the same fiscal year that it made cuts, and has since launched a review of its compensation regime for future years.

Tait was called twice to the heritage committee in the last year to answer for cuts at CBC/Radio-Canada, and was interrogated by MPs over whether she would accept a bonus for the fiscal year that ended March 31. 

It remains unclear if Tait is among those who received a bonus. 

It's up to the Liberal government, not the board of directors, to approve any bonus for the CEO, unlike other CBC employees. The Canadian Press has asked Canadian Heritage for comment on that. 

"It is the height of smugness to see the CBC has awarded itself $18 million in bonuses with the $1.4 billion a year they receive from taxpayers to act as the mouthpiece for the Liberal party," Conservative MP and Opposition Heritage critic Rachael Thomas said in a statement on Monday. 

Thomas said CBC is "not worth the cost" while repeating the Conservative promise to defund the public broadcaster, and pledging to "turn the CBC headquarters into beautiful homes for Canadian families."

The CBC's editorial independence from government is enshrined in law.

MORE National ARTICLES

B.C. landslide prompts flood warning hundreds of kilometres down the Fraser River

B.C. landslide prompts flood warning hundreds of kilometres down the Fraser River
Officials in British Columbia say if a landslide damming the Chilcotin River in the central Interior gives way it could lead to a flood surge for hundreds of kilometres.  A government statement says provincial personnel are assessing the risks on the ground and by air at the slide south of Williams Lake. 

B.C. landslide prompts flood warning hundreds of kilometres down the Fraser River

Hot long weekend ahead

Hot long weekend ahead
Drivers are being warned ahead of the upcoming long weekend that lengthy trips and hot temperatures can be a dangerous combination leading to fatigue. The I-C-B-C says even a slight reduction in reaction time can significantly increase the risk of crashing.

Hot long weekend ahead

Man stabbed in New Westminster

Man stabbed in New Westminster
Police in New Westminster are looking for witnesses after a man was stabbed downtown on Monday night. Police say a witness flagged down an officer outside the police station to report someone in distress and officers found the man bleeding from his abdomen.

Man stabbed in New Westminster

Father, son facing terror charges allegedly planning violent Toronto attack: RCMP

Father, son facing terror charges allegedly planning violent Toronto attack: RCMP
A father and son who were allegedly planning a violent attack in Toronto and had links to the Islamic State group are facing terrorism related charges, the RCMP said Wednesday. The two were arrested at a hotel in Richmond Hill, Ont., on the weekend, and were in possession of an axe and a machete, the Mounties said. 

Father, son facing terror charges allegedly planning violent Toronto attack: RCMP

B.C. couple partially victorious in bankruptcy fight with securities regulator

B.C. couple partially victorious in bankruptcy fight with securities regulator
The case involved a B.C. couple, Thalbinder Singh Poonian and Shailu Poonian, who were ordered by the British Columbia Securities Commission to pay $13.5 million in administrative penalties and $5.6 million to repay those who lost money in a market manipulation scheme that "caused vulnerable investors to lose millions of dollars."

B.C. couple partially victorious in bankruptcy fight with securities regulator

'Not out of the woods': Jasper wildfire still out of control, hotter weather expected

'Not out of the woods': Jasper wildfire still out of control, hotter weather expected
A fire rampaging through Jasper National Park remained out of control Wednesday, while officials worked to restore power and water in the park's townsite and to hash out a plan for vacationers to retrieve their stranded camping trailers.

'Not out of the woods': Jasper wildfire still out of control, hotter weather expected