CRTC calculates Part 1 fees for the year

OTTAWA – The CRTC estimates its total broadcasting regulatory costs for the the 2011-2012 fiscal year are $29.881 million. The broadcasting licence fee regulation provides for the payment of Part I licence fees by specific distributors, as set out in section 9(1) of the Broadcasting License Fee Regulations.The Commission also calculated the annual adjustment for the 2009-2010 fiscal year at $2.060 million. The net billing for the Part I licence fee for the 2011-2012 fiscal year, taking into account the adjustment, is $31.941 million, which is a 10.8% decrease (or $3.871 million lower) than last year’s net billing of $35.812 million. ...