FlyerTalk Forums - View Single Post - CBC: Dream vacation goes bust after Air Canada says they can't board flight
Old Apr 14, 2017 | 12:07 am
  #55  
quantumofforce
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Join Date: May 2016
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Originally Posted by CZAMFlyer
Please do just the bare minimum of research before posting: http://www.theglobeandmail.com/repor...ticle29354285/

The CBC did indeed used to receive a billion dollars per year of federal money, but endured many years of budget cuts throughout the Harper era. They bottomed out in 2015, and are set to receive progressive increases as announced in the link above. Keep in mind the CBC is a public entity, not a private company that receives "over $1B of public money" like certain aircraft manufacturers out there.

2015: $525M
2016: $675M
2017: $825M
yes, but the difference is the public company that manufactures aircraft and received $1bn gave up an ownership stake in their new aircraft.
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