QS has trouble digesting bonuses with price increases at the SAQ

Québec solidaire (QS) asks the Société des alcools du Québec (SAQ) to cancel the price increase scheduled for Sunday on wines and spirits. The party does not digest the fact that this increase comes at the same time when millions of dollars will be paid in bonuses to executives and employees.

“It’s downright scandalous that the SAQ is increasing its prices for the second time this year when we have just learned that it will pay $ 9 million in bonuses to its senior leaders!”, Lamented the member for QS Ruba Ghazal.

On January 30, the state-owned company had also revised the price of about fifty products. However, this change was announced in November 2021. Management then said that it could not make these increases immediately since these bottles were on sale.

3798 more expensive products

Next Sunday, the SAQ will again raise prices on 3,798 current products, in continuous supply and purchased in batches. About 80 wines or spirits will also be increased on July 17, since they are currently on sale.

It is products from France that will receive the most significant increases. The SAQ has indicated that the average jump in prices will be 3.7% or $0.78 for current products and in continuous supply.

“Taxpayers don’t have to pay more for their bottles of wine because managers would rather give themselves big bonuses than keep their prices affordable,” said Ms.me Ghazal.

In recent weeks, QS has proposed to the Legault government to put an end to variable compensation for executives in state-owned companies.

Even if he conceded that there are too many bonuses distributed in state enterprises, Prime Minister François Legault does not seem to have any intention of touching the bonuses of senior executives. The Minister of Finance, Eric Girard, has also closed the door to this possibility.

“François Legault left the bonus tap wide open. It is time that we put an end to this culture of bonuses once and for all,” said the QS spokesperson for Finance.

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