Already costing taxpayers $1.04 billion in 2015 and facing rising competition, the CBC's fiscal burden is set to jump by $75 million in 2016 and $150 million in 2017. Regarding the higher price tag of the state broadcaster, Finance Minister Bill Morneau has deflected by saying that “believing in innovation is also believing in the talent and in the creativity of Canadians.” Apologists further contend this is necessary to save the CBC from "extinction."
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