Quote:
Originally Posted by skeena1
As well, the Canadian debt currently stands at 615 billion. Applying full CBC funding to that would reduce it by a whopping
.16%.
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Each and every year.
Try this on for size: In recent years, the federal government has been running a deficit of about $25 billion per year. Eliminating the CBC subsidy would reduce that by 4%. Eliminating subsidies to private broadcasters at the same time would make it 8%.
In a world where cable and satellite TV make broadcasting capacity essentially unlimited, and where the Internet is rapidly making the whole concept of TV channels obsolete, a state-run TV channel is a luxury not worth buying with borrowed money.