CBC Board OKs Budget, Cuts Expected
March 18, 2009 at 5:15 AM (PT)
The CBC's board of directors approved a new budget TUESDAY (3/17) that does not include accepting advertising on the network's traditionally noncommercial radio stations. The company was rumored to be considering taking the radio stations commercial, but spokesman MARCO DUBE told the GLOBE AND MAIL that "ads on radio are not currently among the things that are being looked at." The budget's details were not announced, but cuts in staffing are expected under the new budget, and the closing or merging of local station operations in several markets is also expected.
The board faced an up to $200 million shortfall for the coming year, and President HUBERT LACROIX had appealed unsuccessfully for the federal government advance the network some of its allocated funding or loan it some money to ease the financial burden, but Heritage Minister JAMES MOORE said TUESDAY that the request was being denied.