More than 1,000 people — many of them parents with young children on their shoulders — demonstrated in front of Bombardier’s Montreal headquarters Sunday morning to denounce a nearly 50-per-cent raise for its top executives, a year after Quebec bailed out its aerospace division with $1 billion U.S. in taxpayer funds.
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.
Bombardier issued an open letter explaining the company’s compensation policies and called it “inappropriate” to compare the 2016 compensation to that of the previous year.
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