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Feds must end CBC bonuses now

Author: Kris Sims 2024/08/12

The Canadian Taxpayers Federation is calling on the federal government to end CBC bonuses following today’s report that CBC bonuses will cost taxpayers $18.4 million.

“Enough is enough, the taxpayer-funded bonuses at the CBC must end,” said Kris Sims, CTF Alberta Director. “If the CBC isn’t willing to do the right thing, then the heritage minister, finance minister or Prime Minister Justin Trudeau must step in and end these taxpayer-funded bonuses.”

The Canadian Press is reporting the CBC is paying out $18.4 million in bonuses for the 2023-24 fiscal year – including $3.3 million for 45 executives, $10.4 million for 631 managers and $4.6 million for 518 other employees.

“Those executives got an average bonus of over $73,000, which is more than the median family income after taxes in 2022,” the Canadian Press reported.

The CBC board approved the new round of bonuses for 1,194 staff on June 25, 2024.

With this new round of bonuses, CBC’s bonuses have cost taxpayers more than $130 million since 2015.

“CBC fat cats should be taking pay cuts, not rubberstamping millions in taxpayer-funded bonuses for its executives and managers,” Sims said. “It’s time to end the taxpayer-funded bonuses and defund the CBC.”

The CBC costs taxpayers $1.4 billion this year.

 

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Franco Terrazzano
Federal Director at
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