[RCO]

( how does the CBC possibly need more money ? according to article the new money is going to digital initiatives ? which I'm assuming is the CBC websites and internet ? has nothing to do with CBC tv or radio network , . this will put more pressure on struggling newspapers and such who are already losing market share and have a lot of there articles locked for members only but have a hard time getting anyone to pay to read them, where is CBC is all free to everyone )



News / Canada


Liberals follow through on promise to restore CBC funding in budget

The Liberals promised to restore and increase the CBC’s budget, and will begin with a $75-million injection this year, followed by $150 million a year over until 2020-21.



The CBC building on Front St. in Toronto. CBC saw its budget slashed by $115 million a year by the Conservatives beginning in 2012. The losses were made worse by the Conservatives’ cancellation of or reduction in funds focused on Canadian programming.

Nathan Denette / THE CANADIAN PRESS file photo

The CBC building on Front St. in Toronto. CBC saw its budget slashed by $115 million a year by the Conservatives beginning in 2012. The losses were made worse by the Conservatives’ cancellation of or reduction in funds focused on Canadian programming.

By: Stephanie Levitz The Canadian Press, Published on Tue Mar 22 2016




OTTAWA—The cultural sector received a $1.87-billion boost over five years Tuesday in a Liberal budget that aims to reshape the narrative of the economy.


To do that, storytellers and musicians, artists and journalists all need investment, the Liberals said as they presented a budget that followed through on a key promise to restore funding to the CBC but delayed or cut back promised funds for other groups.


“Believing in innovation is also believing in the talent and in the creativity of Canadians,” Finance Minister Bill Morneau said, in a prepared text of his remarks.


Cultural funding is a fraction of new program spending announced Tuesday but the money is flowing to places that suffered from years of Conservative cuts.


Among them, the CBC, which saw its budget slashed by $115 million a year by the Conservatives beginning in 2012. The losses were made worse by the Conservatives’ cancellation of or reduction in funds focused on Canadian programming.





During the campaign, the Liberals promised to restore and increase the CBC’s budget and will begin with a $75-million injection this year, followed by $150 million a year over until 2020-2021.




CBC has said that any new money it received would be put toward its five-year plan focusing on digital initiatives.


They will have another plan to work on — the budget said Heritage Minister Melanie Joly will also develop a “five-year accountability plan.”


The Liberals had also campaigned on increased funding for the Canada Council for the Arts, Telefilm Canada and the National Film Board. While they came through in the budget, it’s for less than promised.


http://www.thestar.com/news/ca.....udget.html