Tag: Business Development Bank of Canada

Federal Bank Awarded Senior Staff $104M in Bonuses, Raises During Pandemic: Taxpayers’ Federation: Taxpayers’ Federation

January 30, 2023
Business Development Bank of CanadaCanadaCanadian Taxpayers FederationChrystia FreelandWorld
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A federal bank paid its employees about $104 million in bonuses and raises during the pandemic in 2020 and 2021, according to the Canadian Taxpayers Federation (CTF). The Business Development Bank of Canada (BDC) issued a total of $93 million in bonuses to its employees over the two-year period, according to documents obtained by CTF through Access…

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Hiring Difficulties Hamper Growth for Canadian Businesses: Study

September 30, 2021
Business Development Bank of CanadaCanadaCCP VirusCOVID-19economic recoverylabour shortageWorld
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Employers are having a hard time hiring workers, are pushing them to work longer hours, and are rejecting new orders, which is hampering growth for the majority of Canadian businesses, a new study says. Published by the Business Development Bank of Canada (BDC), the study (pdf) found 55 percent of small and medium-sized businesses in…

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