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CBC to get a $100 mill budget increase from the feds.
Ottawa adds funding to CBC; broadcaster will get $1.4B budget
Canada's public broadcaster is getting an increase in funding, despite executives insisting that a request to cut CBC/Radio-Canada's budget for the next fiscal year was one reason they announced layoffs for 10 per cent of staff.www.ctvnews.ca
With inflation running at ~3%; a 62M increase would essentially be treading water. So the structural increase is likely closer to 38M (depending on what most CBC employees are seeing as raises, and the cost of rights acquisitions as well).
Still, its healthy.
But CBC remains profoundly underfunded when compared to other international broadcasters (on a per capita basis); particulaly when considering the need to operate in 2+ languages.
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