I’m a bit torn on this one. On the one hand, it’s great that 16 new reporters will be hired by the CBC for this venture, but they are probably the only broadcaster in Canada that can afford to do this, and that part bothers me, as they wouldn’t be doing it without our tax dollars. They should not be allowed to run commercials if they are also getting $1.1B/yr from taxpayers. That should be their first “money” report!

Last edited by Shorty Wave (Today 9:32 am)

DX wrote:

RadioActive wrote:

It will be more than just a name. The new entity, called "CBC Money," will cover finances on all its platforms, hiring 16 new reporters for a unit based in Calgary, more reporters for other cities across the country, and at least two producers in Toronto.

The result will be several new shows about finances, with other current programs that centre on money (like the long running "Dragon's Den") being absorbed into the new unit.

"It will include a new video series from CBC Radio's "Cost of Living" hosted by business journalist Paul Haavardsrud, offering practical tips. CBC Money will also feature new personal finance entertainment shows."

The new group is set to launch next year.

(Oddly enough, despite its subject matter, there's no word no how much this will cost taxpayers.)

CBC to boost personal finance programming under new CBC Money umbrella

It's all borrowed and printed money anyway, so it's the children and the grandchildren and the grandchildren's children of the taxpayers that will be bearing the interest costs of this for their entire lives.
 

Sounds like a good topic for CBC's new Money division!

Saul wrote:

RadioActive wrote:

(Oddly enough, despite its subject matter, there's no word no how much this will cost taxpayers.)

How is that odd? Everything costs money. With so much concern about the cost of living, it indicates the CBC is paying attention. Maybe they'll even save by having financial related shows under one umbrella.

True, but since it's our money they're spending to create this on several fronts, wouldn't you like to know how much all this is going to cost? A unit dedicated solely to money - and we don't know the cost. Sounds odd to me. 

Regardless of whether it's the CBC or some other publicly funded entity, don't we have right to know what it will cost us? I don't think that's an unreasonable request. I'm pretty sure you would demand to know what you're spending your income on if someone was taking it out of your wallet, especially if you had no say in it. 

I'm not necessarily against the CBC doing this. I just want to be informed what it's costing all of us. What's the budget? "The CBC is spending $XX million/billion to set this new unit up." That's all I'm asking for. 

Why is finding that out an issue?