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Freeland blasts Air Canada for paying $10M executive bonuses while receiving bailout

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

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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.

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