Posts Tagged ‘radio canada’

New Budget Leaves CBC in the Dark

Tuesday, March 3rd, 2009

The budget released last month by Mr. Jim Flaherty and the Conservatives has left out any word of financial appropriations for the CBC’s annual budget. This, coupled with a projected shortfall of $65 million in annual advertising revenue is leaving the CBC in a fiscal scramble.

Traditionally the CBC is given unspecific details about its total appropriation from the Federal Government. However, the CBC has regularly received an allocation of $60 million in government funds. The remainder of the $1 billion annual operating budget of the CBC is made up primarily from CBC Television advertising revenue.
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