CRTC estimates $34M in broadcasting regulatory costs for 2022-23

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.)...