Close X
Tuesday, November 26, 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

Liberal government's proposed capital gains tax changes come into effect today

Liberal government's proposed capital gains tax changes come into effect today
The Liberal government's changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians' groups. Finance Minister Chrystia Freeland's spring budget proposed making two-thirds of capital gains — the profit made on the sale of assets such as a secondary residence or stocks — taxable, rather than one-half.

Liberal government's proposed capital gains tax changes come into effect today

Ottawa urges Canadians to leave Lebanon while they can due to escalating violence

Ottawa urges Canadians to leave Lebanon while they can due to escalating violence
Foreign Affairs Minister Mélanie Joly is urging Canadians to leave an increasingly volatile Lebanon while they can. In a statement today, Joly says the security situation could deteriorate further without warning due to sustained and escalating violence between Hezbollah and Israel.

Ottawa urges Canadians to leave Lebanon while they can due to escalating violence

Former B.C. premier John Horgan, Canada's ambassador to Germany, has cancer again

Former B.C. premier John Horgan, Canada's ambassador to Germany, has cancer again
Former British Columbia premier and Canada's ambassador to Germany John Horgan is facing his third battle with cancer. Ravi Parmar, the New Democrat member for Horgan's former Langford-Juan de Fuca riding, says he heard from the former premier today and was told he has thyroid cancer.

Former B.C. premier John Horgan, Canada's ambassador to Germany, has cancer again

BC Wildfire crews respond to 30-hectare fire, north of Lillooet

BC Wildfire crews respond to 30-hectare fire, north of Lillooet
The British Columbia Wildfire Service says its crews are responding to a 30-hectare wildfire billowing smoke over Highway 99 north of Lillooet.  The agency says on Facebook that the Tiffen Creek wildfire is "highly visible" from the highway and from the towns of Lillooet and Pavilion. 

BC Wildfire crews respond to 30-hectare fire, north of Lillooet

1 in hospital in Kelowna stabbing

1 in hospital in Kelowna stabbing
Police say a man is in hospital in stable condition after a stabbing in Kelowna. Central Okanagan R-C-M-P say the man was found with several stab wounds near the shopping area along Springfield Road at around 3:15 yesterday afternoon.

1 in hospital in Kelowna stabbing

B.C. government says boosted BC Family Benefit cheques will arrive in July

B.C. government says boosted BC Family Benefit cheques will arrive in July
Thousands of families in British Columbia can expect to see increased financial support in their bank accounts starting by mid-July. B.C. Premier David Eby says about 340,000 families with children — 66,000 more than last year — will have access to the BC Family Benefit program after the province increased the income threshold for a family's eligibility.  

B.C. government says boosted BC Family Benefit cheques will arrive in July