Tuesday, July 27, 2021

LIBERALS PROPOSE MORE FUNDING FOR CBC

 Despite receiving $1.2 billion annually from Canadian taxpayers, the Department of Canadian Heritage claims the CBC is under immense financial pressure.

“The Covid-19 pandemic and the challenges of covering it put immense pressure on CBC’s workforce, operations, finances and systems,” said the April 20 briefing note Funding Support For The CBC, which was first reported on by Blacklocks Reporter. 

The CBC was steadily losing advertising revenue long before the pandemic, with CBC TV revenue decreasing 53% between 2014 and 2019.

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