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Bombardier in major shareholder showdown

Published: 12 May 2017

The fallout from Bombardier’s executive compensation scandal isn’t over yet. After the company’s recent bad-news cocktail of layoffs, ballooning C Series development costs, and a heavy taxpayer payout, the executive pay issue has raised eyebrows. Several high-profile institutional investors have had enough, and noted that they would be withholding their support — including, but not limited to, the Caisse de dépôt et placement du Quebec.

Desautels Professor Karl Moore says that “The big pension funds are all piling on. That’s putting enormous pressure on the board. It speaks loudly of their desire for change.”

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