CBC Paid $15 Million in Bonuses, Then Cut 800 Jobs: Report

The CBC is under scrutiny for issuing $14.9 million in bonuses in 2023, as revealed by access-to-information records obtained by the Canadian Taxpayers Federation (CTF) earlier this week.

This move follows a December 2023 announcement by the CBC of impending layoffs affecting numerous employees, due to a $125 million budget shortfall.

“CBC President Catherine Tait is wrong to hand out bonuses while announcing hundreds of job losses and begging the government for more taxpayer cash,” said Franco Terrazzano, CTF Federal Director, in a statement. He urged Heritage Minister Pascale St-Onge to halt these bonuses.

In 2023 alone, 1,143 CBC staff members received bonuses, totalling nearly $14.9 million. But since records obtained were only up to date as of October 26, 2023, the final number for the year could be even higher. Since 2015, the CBC has doled out a total of $114 million in bonuses.

Tait previously defended the bonuses, telling a parliamentary committee in January, “[Bonus] pay… is a key part of the total compensation of our non-union staff, about 1,140 employees.”

In addition to the bonuses, CBC also gave out $11.5 million in raises for the 2023-24 fiscal year for 6,575 employees, or 87% of its workforce, as per records obtained by the CTF. Records show there were no pay cuts. Since 2015, the CBC has approved $97 million in pay raises.

Obtained records also show a significant increase in the number of CBC employees earning six-figure salaries, now at 1,450. This number has surged by 231% since Prime Minister Justin Trudeau took office in 2015.

Following Tait’s claims of “chronic underfunding” at a committee appearance, the federal government announced an increase in CBC funding by $96.1 million. Consequently, the CBC will receive $1.4 billion in taxpayer funding for the 2024-25 fiscal year.

As for Tait’s compensation, it ranges between $472,900 and $623,900 annually, as per the CBC’s senior management compensation summary. This range is inclusive of her salary, bonus, and other benefits,

“Tait should be taking a pay cut and ending bonuses. It’s time for the government to end the taxpayer-funded bonuses at the CBC,” said Terrazzano.

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It's Me
It's Me
2 years ago

Rewarding incompetence, failure and corruption.

Welcome to Trudeau’s Canada.

mcfilmmakers
mcfilmmakers
Reply to  It's Me
2 years ago

You all including sukisszoze, Jason, Eric Newport, GaDgEtMoN suffer from same the cognitive impairment as Teflon Donald Trump’s supporters. The unhingeness and dysfunction is baffling.

It's Me
It's Me
Reply to  mcfilmmakers
2 years ago

It’s odd that to you reality is a dysfunction. Seems to be a common symptom of being a Trudeau groupie. He’s always liked them young and dumb.

Telling that you upvoted your own post.

sukisszoze
sukisszoze
2 years ago

Crazy. How much severance was paid to the 800 who lost their jobs?

It's Me
It's Me
Reply to  sukisszoze
2 years ago

They won’t be buying nearly as many yachts and vacation homes as the LPC cronies executives.

mcfilmmakers
mcfilmmakers
Reply to  sukisszoze
2 years ago

Every day you seem to be regressing. Eventually, you all will be in an awe like a five-year-old.

Stan Omar
Stan Omar
2 years ago

Not to defend the CBC but, apart from coming away feeling the broadcaster’s finances are a pretty big mess, this mishmash of financial info isn’t all that clarifying.

G____
G____
2 years ago

The CBC is not a source of unbiased news in a lot of cases. It is troubling that a public broadcaster is paying their head over a half million dollars in compensation per year and paying out so many millions of dollars in bonuses. The end product doesn’t merit this. The end product merits some terminations actually.

Jason H
Jason H
2 years ago

To my knowledge CBC is government funded and (maybe now) regulated, to some extent?
Given how arrivescam is turning out to be a total joke, this is even less surprising under the current incompitent government.
Welcome to Trudeau. You’ll own nothing and be happy. Also get paid nothing and be happy for being fired, too,.

Sam
Sam
2 years ago

Sick!

Ipse
Ipse
2 years ago

When you burned through a TRILLION faster than you can write the zeroes, what’s another 1.4 Bn?
And in Kanukistan, incompetence has to be rewarded…it’s not easy sucking at your job, ask Turdeau – he admitted this much in an interview.

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