It may not be CFNY, but you can hear the "spirit of radio" there. It's an online station called NTS and it's based in London, England. But it serves a worldwide audience for listeners tired of the same old formatics of regular and streaming radio that exist in most countries across the world. 

From the New York Times:

"Currently, NTS hosts around 700 shows a month — roughly 600 from residents, who host weekly, biweekly or monthly shows, and 100 or so from guest D.J.s — which come in from cities across the world, including Beirut, Lebanon; Ho Chi Minh City, Vietnam; and Melbourne, Australia...

"Although it is based in London, NTS has global appeal. Nabihah Iqbal, who has been broadcasting on NTS for over a decade, said that she once received a message from a man in the Nubian Desert who listened to her show from the one spot in his Sudanese village where he could get cell signal."

If this makes you curious, you can listen live online here. 

An Online Radio Station Where Everything Is Eclectic