CBC gets COVID-19 bailout, bringing annual funding to $1.3B — even though nobody watches
The Canadian Broadcasting Corporation is set to receive even more government money; meanwhile small businesses struggle during lockdowns, restrictions and forced closures in some areas of the country.
In a proposed round of supplementary spending of nearly $80 billion, $34 million is set aside for the already-taxpayer funded network.
This will raise their yearly federal budget to $1.3 billion.
The spending is meant to “help Canada thrive and succeed” according to the Treasury Board president, and is primarily for “COVID-19 research, business support and salaries.”
But the CBC had been struggling prior to lockdowns as well, earlier this summer it was apparent that the network was performing poorly, garnering just three per cent of the country as viewers, while may of their flagship programs suffered.
In addition, the loss of the rights to Hockey Night In Canada dealt a heavy blow to the broadcaster.
The CBC has nearly 7,500 employees and receives almost $1.3 billion for 2020-21 in total federal grants. This equates to $173,000 per employee.
Do we really need to be spending money on this?
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