BCE CEO Summoned by Members of Parliament...Wonder when these political extortionists will allow Capitalism to prosper again?
If the government continues to restrict businesses in conducting business for profit, then maybe the Government can buy out profitable businesses and make them unprofitable because that is what Government run entities are good at doing:
Globe/CP say MPs call BCE's Bibic to explain job cuts
2024-03-26 07:44 ET - In the News
The Globe and Mail reports in its Tuesday, March 26, edition that members of Parliament have summoned the head of BCE's Bell Canada to testify next month about the company's decision to cut thousands of jobs across the country. A Canadian Press dispatch to The Globe reports that chief executive officer Mirko Bibic was originally invited to appear before the Canadian Heritage committee on Feb. 29 and then March 19, but MPs say he has so far been unable to attend. Last week, in a closed-door meeting, the committee agreed to summon Mr. Bibic to appear on April 11 to answer questions and discuss the cuts. CP says when a witness declines an invitation to appear, a committee may issue a summons to compel their attendance. Bell Canada Enterprises, the parent company of Bell Media, announced in February it was cutting staff by 4,800 positions, including ending multiple television newscasts and selling off 45 of its 103 radio stations. The company blamed the cuts on the federal government and the Canadian Radio-television and Telecommunications Commission, saying Ottawa took too long to provide relief to media companies in crisis.