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