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$1 billion shortfall spells long future for Canadian program subsidies

News | 02/14/2008 3:39 pm EST

Advertising, BDU fees and export sales are not enough to cover the over $1 billion in losses Canadian companies continue to absorb for producing home-grown television shows. As such, expect subsidies to be a permanent fixture on the Canadian broadcasting scene, concludes a recent study from Nordicity Group Ltd.

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