Compared to other developed countries, CBC is near the bottom of the funding barrel.
Average funding for public broadcasting in rich countries is $90 per person per year. CBC gets a measly $34.
Combined with the feeble state of our private media, Canada’s sources of information and entertainment are ripe to be taken over by companies like Facebook, Netflix and Disney.
That’s precisely what is happening. To make matters worse, Ottawa is subsidizing this takeover with our tax dollars.
We’ve known for some time that Ottawa rewards Canadian corporations with generous tax deductions every time they buy ads from Google, Facebook, and their ilk. The culprit is a loophole in the Income Tax Act, which the government refuses to close.
We originally estimated that the subsidy was worth $1.3 billion per year. But newly-released data show that the subsidy is actually worth $1.6 billion per year, and climbing fast.
This needs to stop!
Finance Minister Bill Morneau is in a position to change this channel. He could simply end these subsidies with the stroke of a pen.
If we make our voices heard, we can save taxpayers more than $1 billion. Just imagine what CBC could do with that money!
Please join us to urge Mr. Morneau to defend the kind of fearless, independent journalism that secures our democracy, and the Canadian storytelling we need to survive as an independent nation.
Please send your message right now.