Air Canada is heading for political turbulence as Finance Minister Chrystia Freeland signalled her displeasure over millions in bonuses to the airline’s executives as the company negotiated a federal bailout.
The airline on Monday disclosed in its annual proxy circular to shareholders that it gave $10 million in bonuses to people the investor document called instrumental to the airline’s survival over the past year, as air travel plunged during the pandemic.
In a lengthy comment Wednesday, Freeland said she was disappointed
ADVERTISEMENT
ADVERTISEMENT
This story was originally published on CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/business/freeland-air-canada-bailout-1.6051540?cmp=rss.