Ford slams OLG for paying executive bonuses amid $200M revenue loss, layoffs - 2020-08-14

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F182.png Ford slams OLG for paying executive bonuses amid $200M revenue loss, layoffs August 14, 2020, Nick Boisvert, CBC News

Executives at the Ontario Lottery and Gaming Corporation (OLG) will be eligible for bonuses this year despite the expected loss of more than $200 million in revenue and the layoffs of thousands of casino workers amid the COVID-19 shutdown.

Ontario's gaming and casino sector has suffered immense financial losses since the start of the pandemic. In a first-quarter financial report released Wednesday, the provincial government revealed the expected revenue from the OLG has declined to $600 million from an expected $809 million.

An angry Premier Doug Ford lashed out at OLG's leadership for the move on Friday, bluntly calling it "not good."

Wikipedia cite:
{{cite news | first = Nick | last = Boisvert | title = Ford slams OLG for paying executive bonuses amid $200M revenue loss, layoffs | url = https://www.cbc.ca/news/canada/toronto/olg-exeuctive-bonuses-1.5684844 | work = CBC News | date = August 14, 2020 | accessdate = August 16, 2020 }}