The CBC hands-out approach never ends. Some people are very critical of Canwest and the Aspers. How many companies have to compete against a crown corporation that seemingly does not understand enough is enough?
I wonder if the CBC did not exist would Canwest be in better shape? Just musing.
It is time to shut down the CBC and stop sinking the billions dollars into that black hole.
I wonder if the CBC did not exist would Canwest be in better shape? Just musing.
It is time to shut down the CBC and stop sinking the billions dollars into that black hole.
Winnipeg Sun While most Canadian media outlets are slashing jobs and other costs to stay afloat in a sea of bad economic news for the industry, the CBC is once again rattling its tin cup for more handouts from taxpayers.
The public broadcaster already covers its costs in large part by siphoning just over $1 billion a year from the public purse.
But apparently that won't be nearly enough to pay the bills in the coming year.
Even before the economic crash last fall, government figures show the CBC had already rung up another $59 million in red ink for the year ending Aug. 31, 2008 -- on top of its usual handout that was 8% higher last year than 2007.
Read more here.
