The Southern Ontario/WNY Radio-TV Forum » CBC Creates New "CBC Money" Division For Radio, TV & Online

paterson1 · Yesterday 10:48 pm

RadioActive wrote:
That's a pretty expensive $300 million gamble with your (and our) money.

$300 million is over two years. Let's see what all these new journalists and shows can do. If only a small percent of new people begin to learn how to manage their money, keep themselves out of unnecessary debt and eventually invest, that $300 million investment on CBC Money will be well spent. This could also be a great tool for people who are more comfortable with personal finance with investment advice and retirement planning. I don't really see a downside here.

By the way, we are both retired, so we are getting a lot of our "hard earned tax dollars" back are we not? Ahhh, the cycle of life...

RadioAaron · Yesterday 10:50 pm

RadioActive wrote:
RadioAaron wrote:
RadioActive wrote:

Or actually, our public schools.
Sure; but conservative governments keep cutting their funding.
It doesn't matter. No amount of money will ever be enough. And I know this is federal and not provincial, but that $300 million given to the CBC would certainly be a boon to our school systems. Or health care. Or housing. Or...

These are all provincial.

RadioAaron · Yesterday 10:51 pm

paterson1 wrote:
By the way, we are both retired, so we are getting a lot of our "hard earned tax dollars" back are we not? Ahhh, the cycle of life...

Excellent point.

paterson1 · Yesterday 11:05 pm

RadioAaron wrote:
paterson1 wrote:
By the way, we are both retired, so we are getting a lot of our "hard earned tax dollars" back are we not? Ahhh, the cycle of life...
Excellent point.

Thank-you.

ED1 · Yesterday 11:46 pm

Scarboroughbluffsradiof99 wrote:
Well, I'm glad there putting effort into alberta, while your at it, what about an offis in the east-coast, in halifax?
But, is the east-coast as much of a finantial centre as much as the west-coast and ontario are?
The east-coast I guess is being reprisented in eurovision while alberta gets cbc money.

I miss the days when what was then CBC Newsworld had output from Calgary, Winnipeg, and Halifax in addition to Toronto. Right now everything on CBC News Network is from Toronto except for a couple of hours in the early evening from Vancouver, the Friday & Sunday editions of The National, also from Vancouver, and Power and Politics from Ottawa.

RadioActive · Yesterday 11:46 pm

RadioAaron wrote:
RadioActive wrote:
RadioAaron wrote:

Sure; but conservative governments keep cutting their funding.
It doesn't matter. No amount of money will ever be enough. And I know this is federal and not provincial, but that $300 million given to the CBC would certainly be a boon to our school systems. Or health care. Or housing. Or...
These are all provincial.

Yes, I acknowledged that in my post. ("I know this is federal and not provincial.") But the feds also have a Health Minister (Marjorie Michel) and a Housing Minister (Gregor Robertson) just for two examples. That money could have been disbursed by either one to help the causes federally. Or they could have used it to help in places (like the cash strapped provinces) where it's really needed most. And I respectfully suggest that's not the CBC.

RadioActive · Yesterday 11:56 pm

paterson1 wrote:
RadioActive wrote:
That's a pretty expensive $300 million gamble with your (and our) money.
By the way, we are both retired, so we are getting a lot of our "hard earned tax dollars" back are we not? Ahhh, the cycle of life...

It's pretty presumptuous of you to suggest I'm retired when you have no idea if that's the case. In either event, I'm not getting a lot of my "hard earned tax dollars" back. Again, pretty presumptuous of you to suggest what my financial situation is when you know nothing about it.

I do know I don't want my "hard earned tax dollars" going to a broadcast entity I almost never watch or listen to 98% of the time and which I feel is already very well supported by the feds. It's the only amorphous organization that gives no real benefit to me, yet forces me to pay for it whether I want to or not.

That $300 million could go to any number of existing government programs. Like housing. Or even health, such as cancer research (which I have had) or Alzheimer research (which my mother suffered from at the end of her life) instead of making the next "King Of Kensington." I can't speak for you, but I know which one I would choose without even the slightest hesitation.

Hope you're enjoying your retirement.

paterson1 · Today 12:37 am

RadioActive wrote:
paterson1 wrote:
RadioActive wrote:
That's a pretty expensive $300 million gamble with your (and our) money.
By the way, we are both retired, so we are getting a lot of our "hard earned tax dollars" back are we not? Ahhh, the cycle of life...
It's pretty presumptuous of you to suggest I'm retired when you have no idea if that's the case. In either event, I'm not getting a lot of my "hard earned tax dollars" back. Again, pretty presumptuous of you to suggest what my financial situation is when you know nothing about it.

I do know I don't want my "hard earned tax dollars" going to a broadcast entity I almost never watch or listen to 98% of the time and which I feel is already very well supported by the feds. It's the only amorphous organization that gives no real benefit to me, yet forces me to pay for it whether I want to or not.

That $300 million could go to any number of existing government programs. Like housing. Or even health, such as cancer research (which I have had) or Alzheimer research (which my mother suffered from at the end of her life) instead of making the next "King Of Kensington." I can't speak for you, but I know which one I would choose withoufit even the slightest hesitation.

Hope you're enjoying your retirement.

I never said anything about your financial situation, and you are right, I don't know and don't care. So you are saying you are not retired? Or you just don't want to say? Regardless, you will receive back some of your hard earned tax dollars every month. Sort of like paying for the CBC, you will get money back whether you want it or not.

As we have said many times, CBC/Radio Canada funds come out of general tax revenues. So you don't have the option of opting out. Just like all government programs that use tax dollars.

And I hope you are enjoying your retirement or whatever your situation is.

mic'em · Today 7:16 am

CBC Sudbury is running an ad looking to hire disabled and/or Indigenous people to be reporters in local communities. I've heard it several times .

RadioActive · Today 7:40 am

mic'em wrote:
CBC Sudbury is running an ad looking to hire disabled and/or Indigenous people to be reporters in local communities. I've heard it several times .

Yes, it's called CBC CAPE, and it's taking applications for qualified candidates online.

Shorty Wave · Today 9:07 am

I think it would be a real boost to the Canadian broadcasting industry if they all got $300M from Ottawa!

mace · Today 9:26 am

Can you imagine what PBS could do if they had a budget like the CBC has.

Shorty Wave · Today 9:40 am

mace wrote:
Can you imagine what PBS could do if they had a budget like the CBC has.

Can you imagine mace what any broadcaster could do with CBC’s budget? Imagine if Corus was granted $1.1B right now, it would revive them. I wouldn’t mind them getting a government hand out!

paterson1 · Today 10:07 am

Shorty Wave wrote:
mace wrote:
Can you imagine what PBS could do if they had a budget like the CBC has.

Can you imagine mace what any broadcaster could do with CBC’s budget? Imagine if Corus was granted $1.1B right now, it would revive them. I wouldn’t mind them getting a government hand out!

Well, in 2023 Corus had $1.5B in revenue. Bell Media would be considerably more. Even PBS we would need to include all of the foundation money and funds they receive yearly from individuals and corporations in addition to the ever popular and many viewership fund drives for their affiliates. Wouldn't be surprised if the Democrats will attempt to cancel the recent cuts to the broadcasters government funding.