cbc

CBC might sell all its buildings including Toronto HQs

There are conflicting reports today that the CBC plans to sell all its buildings across Canada including its downtown Toronto broadcast headquarters at Wellington and John. The Canadian Media Guild is reporting that an announcement came at a town hall meeting and was in response to the decline in funding the CBC is receiving from taxpayers.

According to the Toronto Star, however, the manager of media relations at CBC, Alexandra Fortier, denied the claim, saying the broadcaster will be following the plan announced in February to sell up to 50 percent of its property.

The news comes in the midst of a Federal election campaign where both the Liberal and NDP parties have promised to restore some of the funding the CBC lost under the Harper government.

Photo by Benson Kua in the blogTO Flickr pool.


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

A brief history of one of Toronto's pioneering industrial families

Canadians rip on the wealthy upset by the capital gains tax hike

Japanese person shares brutally honest guide to living in Canada

Most Canadian millennials think conventional approach to retirement is outdated

Here are all the Toronto parks where drinking will be permanently allowed

Alcohol in parks in Toronto is now permanent but some neighbourhoods are not happy

Video shows Ontario police throw flashbangs at suspect car in movie-level takedown

City of Toronto has been awarding multimillion-dollar contracts to single bidders