Thursday, October 30, 2025

CBC Approves Staff Bonuses Despite Job Cuts And Criticism From Parliament

The Canadian Broadcasting Corporation (CBC) and Radio-Canada board of directors has greenlit performance bonuses for select employees, despite recent job cuts and opposition from Members of Parliament. This decision, announced on the broadcaster’s website, affects 1,194 eligible staff members for the 2023-24 fiscal year.

While the exact amount of the payouts remains undisclosed — the company has released information about bonuses in previous years under access-to-information law — CBC spokesperson Leon Mar said that this information is part of internal financial operations. The public broadcaster maintains that these bonuses are contractually obligated performance pay, tied to the achievement of specific company goals.

The board acknowledged the controversial nature of awarding bonuses during a period of financial strain and workforce reductions. In response to public concern, they have committed to a third-party review of the compensation system, including performance pay, for future years. It’s unclear how much this third-party review would cost.

This decision comes in the wake of significant cuts at CBC, including 141 layoffs and the elimination of 205 vacant positions. The broadcaster previously announced plans to cut 600 jobs and reduce production costs by $40 million to address a projected $125 million shortfall.

CBC CEO Catherine Tait faced scrutiny from parliamentary committees regarding potential bonuses in December. While it remains unclear if Tait herself accepted a bonus, MPs concluded that granting bonuses to executives would be inappropriate given the recent job cuts.

Related: CBC President Doesn’t Rule Out Bonuses for Executives Despite Cutting 600 Jobs

The broadcaster also says that its financial outlook has since improved following the job cuts and other cost-cutting measures, as well as the $42 million it received from the federal budget. In May, Tait told the heritage committee that the shortfall of $125 million they had estimated for 2024-25 had been reduced to just $20 million.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

CBC/Radio-Canada Confirms 600 Job Cuts

In response to a $125 million budget shortfall, the Canadian Broadcasting Corp. (CBC) and Radio-Canada...

Tuesday, December 5, 2023, 01:07:00 PM

Pierre Poilievre Calls on Elon Musk to Label CBC as ‘Government-Funded Media’

Conservative Party leader Pierre Poilievre is calling on Twitter CEO Elon Musk to slap a...

Wednesday, April 12, 2023, 03:29:00 PM

CBC Desperately Tries to Stay Relevant, Plans Shift to Online-Only Streaming Services

After realizing that Canadians just don’t care about the CBC anymore, the broadcaster is planning...

Tuesday, February 7, 2023, 04:40:00 PM

CBC Halts Twitter Feed After Elon Musk Slaps Account With ‘Government Funded Media’ Label

CBC/Radio Canada is halting all social media activity across its Twitter accounts, after the platform...

Monday, April 17, 2023, 06:30:22 PM

CBC Gets Another Payday As Parliament Remains Suspended

Canada’s Governor General has authorized $40.3 billion in government spending, including $178.1 million for the...

Monday, April 14, 2025, 02:14:00 PM