Trudeau Criticizes BCE's Major Job Cuts as Threat to Democracy
The Prime Minister condemns the telecommunications giant's layoffs and program cancellations, emphasizing the erosion of reliable journalism in Canada.
- Prime Minister Justin Trudeau expressed his anger over BCE Inc.'s decision to cut 9% of its workforce, totaling approximately 4,800 jobs, heavily impacting its broadcasting unit.
- Trudeau criticized the layoffs as eroding Canada's democracy at a time when reliable news sources are crucial to combat misinformation and disinformation.
- BCE attributed the job cuts to unsupportive federal government and regulatory decisions, legacy business declines, and a challenging macroeconomic environment.
- The company is also selling 45 of its 103 regional radio stations, further reducing its commitment to local journalism.
- Heritage Minister Pascale St-Onge criticized BCE for not fulfilling its promise to invest in news, despite receiving regulatory relief and financial support.