Of course they are obscene they are liberals and entittledCBC bonuses obscene given state of the state broadcaster
More than $18.4 million in bonuses for executives at a failing CBC that's cutting hundreds of jobs.
Author of the article:Brian Lilley
Published Aug 13, 2024 • Last updated 14 hours ago • 3 minute read
The bonus pay for CBC's top executives exceeds what the average Canadian earns in a year.
The average working Canadian goes to work five days a week, puts in an honest day’s work and brings home roughly $65,000 per year. For CBC’s executive suite, they would consider that a bad bonus.
We’ve known for months now that close to 1,200 of CBC’s top management employees were going to be getting bonuses, the only question was how much. Now that the numbers are out, it is truly obscene given the state of the state broadcaster.
For the last fiscal year, which ended in March, CBC split $18.4 million between 1,194 employees. That’s a 23% increase over the $14.9 million on bonuses handed out the previous year.
The most recently awarded bonuses work out to an average $15,410, which is nice work if you can get it.
At CBC though — despite, or perhaps because of, their socialist political leanings — not all executive bonuses are considered equal.
Just 45 executives split $3.3 million of that pot, meaning an average bonus among the elites at CBC works out to $73,333. That average bonus works out to more than what an average Canadian earns, according to Statistics Canada.
And for what?
What did these executives at this failing broadcaster do to earn that bonus?
Is CBC running a network that everyone is watching and talking about? Hardly, a year ago it was reported that CBC’s English language television audience was just 4.4% of the prime time viewing audience, down from 7.6% five years earlier.
CBC simply isn’t offering the programming people want to watch. Sure, they will point to lots of people tuning into the Olympics these past few weeks, but that was part of a consortium with Rogers and Bell and quite frankly, a good fortnight every four years isn’t much to brag about.
Are people texting each other, setting up Facebook groups, or chatting at the water cooler about Family Feud Canadian Edition with Gerry Dees? Not a chance.
Their flagship news program, the most expensive in the country, is the third horse in a three-horse race. They have trailed CTV and Global national newscasts for years and continue to do so.
Their local TV newscasts, where they haven’t been abandoned altogether, are largely irrelevant.
So, what are these executives getting big bonuses for, then?
“For the record, CBC/Radio-Canada does not award so-called bonuses,” CBC CEO Catherine Tait told a Commons committee in March.
“What we have, like every other Crown corporation, is at-risk or performance pay, which is a key part of the total compensation for our non-union staff.”
It doesn’t appear that anyone’s pay is at risk if bonuses are going up by 23%, while CBC’s ratings and relevance are going down.
Did I mention that these bonuses were paid out in a fiscal year when CBC announced hundreds of positions were being eliminated? Did I mention that CBC went to the government demanding more money to be able to keep the lights on in the last fiscal year?
Seems like they have plenty of money for their priorities, like bonuses, or sorry, performance pay.
If CBC were a private company, their awarding of bonus pay would be none of our business, but they aren’t a private company. They work for us, they report to the government, and at a time when they are failing to deliver on their Parliamentary mandate and are crying poor while eliminating positions, these bonuses become obscene.
Tait is doing as much to advance the cause of defunding CBC as Conservative Leader Pierre Poilievre is. Her tenure is even worse than that of Hubert Lacroix and under his watch, CBC’s French division paid for a porn series to be streamed online.
These bonuses should be done away with as quickly as CBC itself, and Tait should be shown the door pronto.
Globe editorial: CBC English TV has lost its relevance. It’s time to talk about that
Barely one in 25 Canadians watches the CBC’s prime-time shows during the week. And that’s not the only problemtheglobeandmail.comAverage usual hours and wages of employees by selected characteristics, unadjusted for seasonality
nonewww150.statcan.gc.caLILLEY: CBC bonuses obscene given state of the state broadcaster
The bonus pay for CBC's top executives exceeds what the average Canadian earns in a year.torontosun.com
Who is the main villain here? The CBC for asking for the money, or Parliament for giving it to them?Huh…imagine if just half of the annual CBC budget was redistributed towards our Canadian Military?
This year’s CBC bonuses come on the heels of the CBC crying poor and begging the feds for more taxpayer cash. Tait told a parliamentary committee the CBC is plagued by “chronic underfunding,” despite taking $1.4 billion from taxpayers this year.
In 2015, the CBC rubber-stamped $8 million in bonuses. This year, the CBC is handing out $18 million in bonuses. That means the cost of the CBC’s taxpayer-funded bonuses has more than doubled in a decade. The budget has not bal
TERRAZZANO: Time to end bonuses and defund the CBC — Toronto Sun
The CBC is making the best case for why it should be defunded. The CBC rubber-stamped a fresh batch of bonuses for 1,194 executives, managers and non-union staff. According to the Canadian Press, this year’s bonuses will cost taxpayers more than $18 million. That includes $10.4 million in...apple.news
Good question. Both?Who is the main villain here? The CBC for asking for the money, or Parliament for giving it to them?
I'd put it on Parliament, frankly. No crime in asking.Good question. Both?
Of course, if you were to respond "no crime in giving away other people's money either," I'd be hard-put to answer.
CBC is still out there, competing for the same advertising dollars that any other media outlet competes for, on top of the annual (currently) $1.4Billion it receives from taxpayers.Huh…imagine if just half of the annual CBC budget was redistributed towards our Canadian Military?
As I've said before, I agree completely. CBC was a good idea back in the day. But like many zombie programmes in the U.S., it has outlived its justification for subsidy. Have you written your member?CBC is still out there, competing for the same advertising dollars that any other media outlet competes for, on top of the annual (currently) $1.4Billion it receives from taxpayers.
No, I just lean forward, look down, and whisper terms of encouragement.As I've said before, I agree completely. CBC was a good idea back in the day. But like many zombie programmes in the U.S., it has outlived its justification for subsidy. Have you written your member?
Probably a better use of your time and effort than writing to your MP.No, I just lean forward, look down, and whisper terms of encouragement.
Start with CUPE.All government employees in their fantasy world consider their compensation equivalent to what they would make in the private sector. I can guarantee you the last thing Catherine Tait would do if she were in the private sector is to pay someone her wages.
It's all has to go. Canada pays $75 million in daily interest on the National debt. Provinces are on top of that. Zero control. The cows are no longer in the barn but all working from home still. Immigration is not the answer.
All media funding needs cutting.View attachment 24135
After it was revealed this week that the Canadian Broadcasting Corp. paid $18.4 million in bonuses following hundreds of job cuts, Conservative Leader Pierre Poilievre has renewed his promise to cut off funding to the public broadcaster if he’s elected prime minister next year.
(I’m all for, dollar for dollar, every dollar that leaves the CBC budget goes straight to the Canadian Military)
The CBC/Radio-Canada board of directors recently approved over $18.4 million in bonuses for nearly 1,200 employees, managers and executives for the 2023-24 fiscal year after it eliminated hundreds of positions. That number represents a 23% increase over the $14.9 million on bonuses handed out the previous year.
On Wednesday, the Liberal government refused to say if it approved a bonus for Taint, whose annual compensation ranges between $472,900 and $623,900, according to the CBC’s 2023 senior management compensation summary.
View attachment 24136
Tait’s bonus pay is set between seven per cent to 28% of her salary, if she meets certain criteria. But outside of the Olympics, Canadians don’t seem interested in the content CBC produces.
A year ago, it was reported that CBC’s English language television audience was just 4.4% of the prime time viewing audience, down from 7.6% five years earlier.
According to my colleague, Brian Lilley, CBC’s flagship news program, the most expensive to produce in the country, trails CTV and Global’s national newscasts.
“Clearly, Justin Trudeau and the Liberal government are content to give CBC executives and their handpicked CEO huge multimillion-dollar taxpayer funded bonuses amid dwindling viewership and increasing irrelevancy so long as they remain good servants to their masters and continue to act as the propaganda arm of the Liberal party,” said Heritage critic Rachael Thomas in a statement on Wednesday.
Last December, the CBC said it planned to cut 600 jobs, eliminate 200 vacancies and slash $40 million from its production budget to help mitigate a projected $125-million shortfall. The movie came despite the Liberals handing over $1.38-billion in taxpayer dollars to the CBC in 2024-25 (which is a significant uptick from the $1.29 billion the broadcaster got for 2023-24).Pierre Poilievre promises to 'defund the CBC' after $18.4M bonus amount revealed — Toronto Sun
After it was revealed this week that the Canadian Broadcasting Corp. paid $18.4 million in bonuses following hundreds of job cuts, Conservative Leader Pierre Poilievre has renewed his promise to cut off funding to the public broadcaster if he’s elected prime minister next year. The...apple.news
At a rally in Toronto earlier this year, Poilievre taunted the broadcaster when he promised to turn the CBC’s headquarters in downtown Toronto into much-needed housing.
“We’re going to sell off 6,000 federal buildings and thousands of acres of federal land to build, build, build,” he said. “And you know something, it warms my heart to think of a beautiful family pulling up in their U-Haul to move into their wonderful new home in the former headquarters of the CBC.”
In response to Poilievre’s “threats,” the Office of Heritage Minister Pascale St-Onge defended the CBC in an email to Postmedia, maintaining that the service “connects (about 4.4% of Canadians) from coast to coast to coast.”
For perspective, CBC President and Chief Executive Officer Catherine Tait annual compensation ranges between $472,900 and $623,900, according to the CBC’s 2023 senior management compensation summary.
View attachment 24137
View attachment 24138
Tait’s bonus pay is set between seven per cent to 28% of her salary, if she meets certain criteria.
CBC, in Canada, is just the extreme example of that, but I concur with your assessment of the situation.All media funding needs cutting.