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Are they worth it?

Posted on July 18, 2024 by Analyst

Catherine Tait’s (President and CEO of CBC) compensation ranges from $472,900 to $623,900, while vice-presidents earn between $282,000 and up. Last year, bonuses of $15 million were handed out to 1,143 staff. The seven senior executives took home $3,793,000 in total compensation not including bonuses. Although individual amounts are not available, all 46 network executives received bonuses worth $3,020,021, while another 1,140 managers on the payroll received bonuses worth $11,883,734 last year. This year, there are 1,194 employees scheduled to receive bonuses.

Considering the CBC is a government funded broadcaster, these rates are phenomenally high and so are the bonuses. Tax payers having to support it just seems outrageous. Trudeau’s salary is a ridiculous $400,000 so perhaps he is jealous of the CBC execs, but then it seems he may make up for it with perks such as his in-flight catering bill for $223,234. A $900 request for pop, chips, snacks and cases of Flow water for a single trip isn’t unusual it seems, so I guess he isn’t jealous after all.

In a country where the average median income is only $64,321, it seems extremely insensitive to have public service execs making four and half times that in a field which only serves government interests. It’s not like CBC execs contribute more than the average Canadian doctor, so why almost double the average doctor wage? And to provide bonuses too? For what? Meeting obligations?

Perhaps it is time to fold the public broadcaster, but then payouts for promoting a certain view or agenda may seem even more obvious than this already does.

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