Mr. Speaker, I rise today to welcome yesterday's announcement by the Minister of Canadian Heritage of $10 million in additional funding to CBC radio.
The government has announced stable funding for five years for the CBC.
Starting in 1998 the government is guaranteeing the CBC stable funding for five years. The CBC will receive a minimum of $894 million for each of the next five years. This is the first time in
history that the fiscal framework will include CBC guarantees for five years. The new funding for CBC radio will be directed to new programming, talent development, regional reflection and future growth into new media.
After yesterday's announcement my constituents of Hamilton Mountain and all Canadians who are concerned about the CBC's future can be reassured that the CBC will continue as an important and vibrant institution in Canadian society.
I am sure that all members will join me in congratulating the minister.