No new radio stations for Lloydminster for at least two years, says CRTC

OTTAWA – The CRTC has decided against issuing a call for new radio stations to serve the Alberta/Saskatchewan city of Lloydminster after finding that the market cannot sustain an additional commercial radio station at this time.The Commission said that it is concerned that licensing an additional station in Lloydminster right now “risks having an undue financial impact on incumbent stations” CKLM-FM, owned by Vista Radio, and Newcap operated CKSA-FM, noting that profitability in this radio market was below the national average in 2016 and 2017.“While Lloydminster`s population is growing and average household income is relatively high, the Commission is concerned...