Cable / Telecom News

CRTC regulatory costs to top $30M this year

OTTAWA - The CRTC estimates that its regulatory costs under section 9(1) of the broadcasting regulations will total $30.33 million for the 2016-2017 fiscal year.The annual adjustment amount referred to in section 8(2) for the 2014-2015 fiscal year is a credit of $1.719 million.  Taking this adjustment into account, the net billing for the Part I licence fee for the 2016-2017 fiscal year is $28.610 million, the Commission said Tuesday.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