Friday, December 3, 2010

Quebecor FOI find reveals CBC bonuses

Quebecor's abiding interest in how the CBC spends public money has yielded information on the bonuses paid to the top ten executives at the corporation. Appearing in the Sun locally, the information spins the bonuses towards the rugged economic times of many people. "As Canadians dealt with the ravages of the recession in 2008 and 2009, CBC’s senior executives continued to rake in big bonuses, some well into the six-figures for a single year.In the fiscal year ending in March 2009 — a month when 61,000 Canadians lost their jobs — the top 10 executives at CBC split a performance bonus kitty worth $888,699. The individual bonuses ranged from $4,300 at the bottom end to $165,090 at the top end, which is almost 3.5 times greater than the average Canadian salary, according to Statistics Canada."

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