Relief has been announced for independent television news stations across the country. The CRTC has announced new funding to support the production of TV news at 18 independently owned stations across Canada, including CKPG-TV in Prince George. The new money is being pulled from other existing broadcast funds and won’t result in additional costs to the consumer.
The funds will be collected from satellite and cable distribution companies. “It will not result in increased fees for consumers”, said Guillaume Castonguay, the manager of French Television for the CRTC. He added, “the money will come from the reallocation of money already contributed by those distributors for Canadian programming.”
According to the CRTC, local TV stations have seen their combined revenue fall from $297 million in 2012-2013 to $266 million in 2014-2015. Expenditures have increased to $348 million over that time. Several small market stations across Canada have closed their doors in recent years.
The CRTC says Canadians value local news while adding news and information is an important part of a democratic society.