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National Post
National Post
17 Apr 2024


NextImg:CBC announces no ‘significant additional reductions’ after $42M bump in federal budget

OTTAWA — CBC/Radio-Canada is not fully committing to pausing its layoffs amid a one-time $42 million bump in this week’s federal budget, although it admits that the new funding means that it will not face “significant additional reductions this year.”

Finance Minister Chrystia Freeland’s budget includes a one-time payment of $42 million for the broadcaster — in addition to its $1.4 billion annual budget for 2024-2025 — amid threats that it would cut hundreds of jobs because of the predicted shortfall this year.