Canada’s CBC Welcomes $30M Gov’t Funding Boost & Says It Can Now “Preserve Jobs”


by Deadline

Deadline— Following a tough few months that has seen mass layoffs, Canadian national broadcaster CBC has welcomed a one-year investment of CA$42M...

C21media—CBC reveals planned job cuts won’t be as severe as feared after $30m funding boost. Public broadcaster CBC/Radio-Canada has said it will not eliminate as many jobs as initially expected after receiving an additional C$42m (US$30m) in Canada’s federal budget. In December, the org

CBC—Federal budget boosts funding for CBC/Radio-Canada, executives say significant job cuts no longer needed. The federal government is upping its funding for the CBC and Radio-Canada in its 2024 budget, easing the financial strain on the public broadcaster and the need for major job cuts and programming reductions this year.

CNBC—World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now. The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector.