CBC set for budget boost despite executives’ claims of looming cut - National - News Summed Up

CBC set for budget boost despite executives’ claims of looming cut - National


Documents Canadian Heritage released on Thursday show CBC will get a $1.4-billion budget in 2024-25, an increase from the $1.3 billion it spent in the previous fiscal year. 2:31 Heritage minister says media sector facing ‘significant crisis’ as CBC lays off 10% of workforceA CBC spokesperson previously said that about $11 million of that shortfall would come as a result of an expected 3.3 per cent budget cut. Executives insisted earlier this year that the job cuts were coming in part because the government asked them to cut 3.3 per cent from their budget. “We were told to budget a 3.3 per cent cut, and that’s what we’ve done,” Poulter said after a parliamentary committee hearing in January. Story continues below advertisementBut the Treasury Board, which oversees spending in the federal budget, said there was no such directive.


Source: CBC News February 29, 2024 18:48 UTC



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