OTTAWA – The CRTC announced today it has estimated its total broadcasting regulatory costs for the 2022-2023 fiscal year under subsection 9(1) of the Broadcasting Licence Fee Regulations will be $34 million.
The estimate is used to help determine the Part I licence fees paid annually by certain broadcasting undertakings.
The annual adjustment amount referred to in subsection 8(2) of the regulations for 2020-2021 is $479,000, however, Part I licence fees paid or payable by licensees were remitted for the 2020-2021 fiscal year, according to Broadcasting Order CRTC 2022-70. (This was in consideration of the impact of the pandemic on broadcasters.)
Taking this into account, the net billing for the 2022-2023 fiscal year for the Part I licence fee is $34 million.
“This estimated net billing represents a slight increase of 0.4% compared to the amount for the 2021-2022 fiscal year ($33.871 million),” the CRTC’s broadcasting order says.
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