VIDEO: [Rebel Media] Ezra Levant details the $595 million announced by the federal government to be issued only to ‘trusted journalists’ [Nov. 22, 2018]
But there’s a much easier and more egalitarian solution to all of this: Stop subsidizing a competitor that is viciously undercutting independent print media.
Over the last few years — fuelled in part by a $675 million boost to its funding by the Liberal government — CBC has pursued an aggressive policy of expanding its online news site.
This site is not a complement to its radio and television arms. Rather, it functions as a standalone news site, with opinion columns, reprinted wire content and stories specifically reported for print.
The result is that CBC has suddenly become the country’s largest newspaper. Albeit with two major differences: This newspaper is free and it has bottomless resources.
Running any business rapidly becomes much more difficult when the government opens up a competitor down the street offering all the same wares for free.