Via Rail paid $11 million in bonuses amid travel delays and losses

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VIA Rail handed out millions of dollars in bonuses to executives and staff, even though 40 per cent of its trains were late last year, newly released documents show.

This week in Montreal, Via Rail’s President and CEO unveiled Via Rail’s ambitious 5-year strategic plan in front of a sold-out crowd at an event hosted by the Chamber of Commerce of Metropolitan Montreal. It was a pivotal speech at a pivotal moment for passenger rail service in Canada. President and CEO Mario Péloquin joins Global News Morning’s host Laura Casella with a one-on-one about Via Rail’s future and whether the service will ever be profitable.Via Rail doled out $11.

The documents were tabled less than two weeks after Via released its annual report, which found 59 per cent of its trains arrived “on time” — a two per cent improvement from 2022.Trista Sutter ‘safe and sound’ after concern over Ryan Sutter’s cryptic postsVia blames travel delays on the fact it only owns three per cent of the tracks its trains use. The rest are owned by private railway companies like CP Rail and CN Rail.

CEO Mario Péloquin, who took the top job at Via last June, said Ottawa should introduce a rail passenger bill of rights – similar to what exists for air travel – to improve service.

 

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