COVID-19: The money of Quebec must not enrich senior executives, advocates for the Parti Québécois

COVID-19: L’argent de Québec ne doit pas enrichir les hauts dirigeants, plaide le Parti Québécois

To avoid to enrich a handful of CEOS, the Parti Québécois asks the government to limit its programs to assist businesses that commit to freeze the salaries of their senior executives and defer their bonuses.

“The financial assistance granted by Québec businesses must be used to support a maximum of SMES and workers, and only to it,” said the party spokesman on economics, Martin Ouellet, by means of a press release on Wednesday.

The latter feared that the money promised by Quebec to assist businesses affected by the containment measures imposed during the outbreak of COVID-19 lead rather into the pockets of senior executives.

“This is a film in which Quebecers have already played, and they hated him: see public money intended to save businesses here to serve, ultimately, to enrich a handful of leaders within their head. While they get ready to rain the billions, we need to absolutely avoid this scenario outrageous repeats,” insisted the member for René-Lévesque blvd.

Businesses who would like to be able to benefit from the envelope of$ 4 billion released by the Caisse de dépôt et placement du Québec, for example, should comply with two conditions: freeze the salaries of their leaders and defer their bonuses.

The “woollen stockings” of Quebec is also an example and has already announced the freezing of the salaries of all its officers for the year 2020, said Martin Ouellet.

“More than ever, we need to stick together and act in a consistent way. I also encourage a maximum of business leaders to submit voluntarily to the same regime; this would be a nice gesture of solidarity,” he concluded.

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