CBC/Radio-Canada welcomes the one-year investment in public broadcasting announced in Budget 2024

The Federal Budget tabled today in the House of Commons includes $42 million this year for CBC/Radio-Canada. This is a welcome investment in public service media at a critical time. It will help the Corporation manage its financial challenges in a more stable manner.

"This is welcome news. This investment, together with the steps we have taken since December, means we will be able to stabilize our operations, preserve jobs, and continue to invest in programs and services. That is good news for Canadians, who continue to depend on their public broadcaster for trusted news and information, and great Canadian programming like the upcoming Olympic and Paralympic Games."

-Catherine Tait, President and CEO, CBC/Radio-Canada

Last December, the Corporation forecast $125 million in financial pressures for the 2024-2025 fiscal year, requiring a significant elimination of positions, and reductions to programs created by Canada's independent producers.

Since then CBC/Radio-Canada has reduced its workforce by 141 employees, and cut 205 vacant positions. Together with improvements in the Corporation's overall financial position, today's new funding means the Corporation can address its remaining forecast shortfall and balance its budget without significant additional reductions this year.

About CBC/Radio-Canada

CBC/Radio-Canada is Canada's national public broadcaster. Through our mandate to inform, enlighten and entertain, we play a central role in strengthening Canadian culture. As Canada's trusted news source, we offer a uniquely Canadian perspective on news, current affairs and world affairs. Our distinctively homegrown entertainment programming draws audiences from across the country. Deeply rooted in communities, CBC/Radio-Canada offers diverse content in English, French and eight Indigenous languages. We also deliver content in Spanish, Arabic, Chinese, Punjabi and Tagalog, as well as both official languages, through Radio Canada International (RCI). We are leading the transformation to meet the needs of Canadians in a digital world.

Media contacts:

Leon Mar
Director, Media Relations and Issues Management | Corporate Spokesperson
CBC/Radio-Canada
[email protected]

Emma Iannetta
Senior Specialist, Media Relations
CBC/Radio-Canada
[email protected]

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