The CEO of Aéroports de Montréal (ADM), Philippe Rainville, is threatening layoffs during a period of record airport revenues unless airport workers accept a pay cut of up to 31 percent. This pay cut proposal is galling given the airport’s financial success. This includes Mr. Rainville’s annual compensation of over $400,000, and the million dollars in executive bonuses he also receives a share of.
The workers under threat, members of PSAC, currently perform a wide range of services, including security, administrative support, reception and information assistance.