Bombardier defends pay structure after public outcry over executive pay increases

Bombardier was doing damage control Saturday in the face of an uproar over a hefty increase in compensation to senior management, but the company’s explanations didn’t satisfy all its critics.

  • Spatchcocked

    Gee…..every name involved in this story is French Canadian…..what a coincidence…..what are the odds….

    Well… they all said, you gotta pay big money to have the best business leadership…….

    But I must say I feel a confusion an overwhelming confusion when adding up and subtracting the moneys involved…..if these guys are so bright why do they have to come cap in hand every year to take from the public fisc?

    Yup….every name is French Canadian…..funny that.

    • dance…dancetotheradio

      What about the Irving family?
      Or the Aspers?

    • deplorabledave

      The liberals would be hard pressed to form any kind of government without the keybekwas voting en mass for them.

  • DMB

    This is how Liberals run businesses just like they run governments. Lose lots of money, receive bailouts then reward themselves for their incompetence by giving themselves big pay raises.

    • David Murrell

      DMB, you have it right (and Sprathcocked has it completely wrong above). The Bombardier family have close, crony relations with both provincial and federal Liberals, and the Liberal media cartel. This is why the uber-rich execs can give theselves such big raises. Corruption is a Liberal problem, not purely a French–Canadian problem.

  • barryjr

    Why the hell are tax dollars going to a private corporation? And no it’s not only Liberals dishing out our cash the Conservatives were just as bad. If taxpayers are going to support a company make it a government corp. and pay the loser executives government wages.

    • Alain

      If you are referring to the bailouts made by the Conservatives, as a minority government at the time they were forced to do so by the Liberals and NDP. I like to think that without risking a vote of non confidence, they would not have done so. Of course we can never know.

      • barryjr

        Ah yes the great Conservatives that bailed out the auto companies in order to hang onto union votes in Ontario. I remember that and so do my daughters that were making minimum wage and their tax dollars went to support union jobs and hang onto votes.

  • andycanuck

    We don’t care how much they’re paid out of their own profits. We’re pissed that they’ve given themselves a raise after getting millions in payoffs from Justin that went to pay shareholders’ dividends and for this crap. A point that the Justin Gazette didn’t mention pretending we’re pissed because of workers not getting huge raises just the capitalist exploiters. (BTW, intercourse Bombardiers’ workers too.)

  • Raymond Hietapakka

    Look into that special sweet arrangement they have with classifying their Company Stock…one version for the family…another one for the rest of of the stockholders…

  • ntt1

    a shinning example of the soviet thought processes that dominate boards as a result of massive subsidies from extorted taxes, go farther than a roll back of increases, roll all salaries back to industry standards until they can fly on their own.