CBC refuses to divulge the value of its enormous leased real estate holdings
Despite revealing it owned $442 million worth of properties across Canada, the state broadcaster said it was unable to disclose the value of properties it leases.
Canada's state broadcaster, which receives over $1.3 billion in subsidies annually from the federal government, claimed the value of the 80 leased properties could not be divulged as it represents “commercially sensitive” and protected information.
Speaking on how he would save Canada money as prime minister, Conservative leadership candidate Pierre Poilievre says he would defund the CBC. This comment receives the loudest applause from the crowd so far. #cdnpoli pic.twitter.com/gDMsE2qKyD
— Rachel Emmanuel (@Emmanuel_Rach) April 15, 2022
The information, or lack thereof, was admitted in a response to an order paper question posed by Adam Chambers, the Conservative member of Parliament for Ontario's Simcoe North riding.
CBC cancelled eight long-term leases in the 2022-2023 fiscal year: five in Canada, two in Russia and one in Beijing.
In a fundraising email today, Conservative leader Pierre Poilievre doubled down on leadership pledge to defund the CBC. This is noteworthy as Poilievre's predecessor campaigned in the leadership on defunding the CBC but walked it back considerably after becoming the leader. pic.twitter.com/o8ZvKVzwXP
— Andrew Lawton (@AndrewLawton) October 29, 2022
The order paper response revealed 12 CBC-owned properties across Canada at a total value of $442 million.
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