CRTC calculates Part II fees for 2011

OTTAWA – The CRTC estimates that the total amount of Part II licence fees that it will assess in 2011 is $101.8 million. The Commission said Friday that the fees, payable by the country’s largest broadcasters, were calculated using a cap of $100 million and adjusted to the Consumer Price Index (CPI) for the prior calendar year. For 2010, the annual average CPI was 1.8%. www.crtc.gc.ca