CBC would lose $532-million annually if forced to give up advertising, loss would have devastating impact on Canadian television production industry, says groundbreaking report
By Tim NaumetzNov. 28, 2011
CBC revenue losses and new programming costs would total more than $500-million if it is forced to give up all its English and French-language advertising space to private networks, says a groundbreaking study the Crown corporation commissioned from an independent media consulting firm.
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On top of $301.8-billion in planned spending in the 2019-10 main estimates—combining $299.6-billion in budgetary spending and $2.2-billion in non-budgetary expenses—is another $51.2-billion in statutory expenses.
‘Imagine losing your job, getting fired, but you’re fired by basically your entire riding and your whole life has been serving these people, and there’s just a lot wrapped up in it:’ Tory House leader Candice Bergen.