CBC paid $30 million in bonuses during first two years of COVID-19 pandemic

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CBC paid $30 million in bonuses during first two years of COVID-19 pandemic
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There were 1,033 full\u002Dtime employees who received bonuses. That\u0027s an average of about $14,800 per employee

CBC’s annual budget is roughly $1.3 billion.

“Despite the many challenges brought on by the pandemic, our employees have been able to find creative solutions to continue producing our content and maintain the quality of our programming,” he said in an emailed response to questions from the National Post. In March 2020 — early in the pandemic — the broadcaster cut local newscasts, a decision that sparked ire from some.

Still, broadly speaking, CBC’s finances remained steady, according to financial reports, even though there were declines in revenue, particularly from television advertising, across the pandemic.

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