CBC lays off hundreds, then pays $18.4 million in bonuses to executives

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The Canadian Broadcasting Corp. paid out $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 bonuses to 1,194 employees for the 2023-24 fiscal year.

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

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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.

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

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

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https://www.cbc.ca/news/politics/cbc-bonuses-catherine-tait-1.7292294