Local news cuts at Bell come after it was granted $40M in regulatory relief: St-Onge
As Bell Media blamed regulators and policymakers for its decision to announce a fresh round of layoffs Thursday, federal and provincial politicians accused the company of unnecessarily killing off local journalism.
Heritage Minister Pascale St-Onge decried the company for breaking its promise to invest in news after it was granted more than $40 million in annual regulatory relief.
That's the same amount the company said its news division, which includes 麻豆影视 and BNN Bloomberg, is losing annually.
Facing $40 million in annual operating losses, Bell Media's parent company, BCE Inc., announced it was cutting 4,800 jobs. BCE Inc. has an operating revenue totaling $6.7 billion, up from $6.44 billion a year earlier.
"They are not going bankrupt. They're still making billions of dollars. They're still a very profitable company," St-Onge said Thursday on Parliament Hill.
"And they still have the capacity and the means to hold their end of the bargain, which is to deliver news reports."
St-Onge said the government has worked to help the news industry, and at some point companies have to chip in, too.
The Liberals' update to broadcasting law, the Online Streaming Act, came into effect last April. It abolished certain licensing fees, which St-Onge said will save the company some $40 million a year.
Bell Media is also expected to receive money because of the Liberals' Online News Act, which came into effect late last year.
Broadcasters are expected to receive $30 million through a side deal the government struck with Google.
It agreed to pay news outlets $100 million a year to avoid being regulated under the new law, which requires tech giants to compensate news producers for content that is shared on their platforms, and from which they financially benefit.
Still, Bell Media is blaming its cuts on the federal government, saying Ottawa took too long to provide relief for media companies.
It also blames the Canadian Radio-television Commission, saying the regulator is too slow to react to a "crisis that is immediate."
The CRTC is expected to release final regulations aimed at helping the news industry in the coming months. Until then, St-Onge said, "we need everybody to hold strong."
Labour Minister Seamus O'Regan, a former journalist, said Thursday that the layoffs are "atrocious" and it's "hard seeing journalists being treated as rounding errors in what I think are healthy profit margins."
And British Columbia Premier David Eby said Bell Media has "overseen the 'en-crap-ification' of local news."
He said the layoffs 鈥 along with the sale of 45 of the company's 113 regional radio stations 鈥 is "catastrophic."
"Bell and corporations like Bell have overseen the assembly of local media assets that are treasures to local communities. They bought them up. Like corporate vampires, they sucked the life out of them, laying off journalists," Eby said Thursday.
The federal NDP said this should serve as a wake-up call for Ottawa and its relationship with corporations.
"The federal government needs to start showing leadership, first off, and any funding that is going to Bell or any other corporation needs to come with the key guarantees in terms of jobs and maintaining professional journalism," NDP House leader Peter Julian said.
When St-Onge was pressed on the cuts by the Bloc Qu茅b茅cois during question period, she stated in French that the Liberal government would not be giving any more money to billionaire companies.
Conservative Leader Pierre Poilievre responded to the cuts on Thursday by placing blame on Prime Minister Justin Trudeau.
He said high taxes, burdensome red tape and an uncompetitive business environment "is driving our jobs and our money out of the country to foreign nations that are prospering at our expense."
This report by The Canadian Press was first published Feb. 8, 2024
With files from Anja Karadeglija in Ottawa and Sammy Hudes in Toronto
Correction
In a story Thursday about job cuts at Bell Media, The Canadian Press erroneously reported that the company was cutting 4,800 jobs. In fact, the total number of job cuts applies to Bell Media's parent company, BCE Inc.
The story also misstated how much money tech giant Google has agreed to pay Canadian news outlets, which is $100 million a year.聽
IN DEPTH
Jagmeet Singh pulls NDP out of deal with Trudeau Liberals, takes aim at Poilievre Conservatives
NDP Leader Jagmeet Singh has pulled his party out of the supply-and-confidence agreement that had been helping keep Prime Minister Justin Trudeau's minority Liberals in power.
'Not the result we wanted': Trudeau responds after surprise Conservative byelection win in Liberal stronghold
Conservative candidate Don Stewart winning the closely-watched Toronto-St. Paul's federal byelection, and delivering a stunning upset to Justin Trudeau's candidate Leslie Church in the long-time Liberal riding, has sent political shockwaves through both parties.
'We will go with the majority': Liberals slammed by opposition over proposal to delay next election
The federal Liberal government learned Friday it might have to retreat on a proposal within its electoral reform legislation to delay the next vote by one week, after all opposition parties came out to say they can't support it.
Budget 2024 prioritizes housing while taxing highest earners, deficit projected at $39.8B
In an effort to level the playing field for young people, in the 2024 federal budget, the government is targeting Canada's highest earners with new taxes in order to help offset billions in new spending to enhance the country's housing supply and social supports.
'One of the greatest': Former prime minister Brian Mulroney commemorated at state funeral
Prominent Canadians, political leaders, and family members remembered former prime minister and Progressive Conservative titan Brian Mulroney as an ambitious and compassionate nation-builder at his state funeral on Saturday.
Opinion
opinion Don Martin: Gusher of Liberal spending won't put out the fire in this dumpster
A Hail Mary rehash of the greatest hits from the Trudeau government鈥檚 three-week travelling pony-show, the 2024 federal budget takes aim at reversing the party鈥檚 popularity plunge in the under-40 set, writes political columnist Don Martin. But will it work before the next election?
opinion Don Martin: The doctor Trudeau dumped has a prescription for better health care
Political columnist Don Martin sat down with former federal health minister Jane Philpott, who's on a crusade to help fix Canada's broken health care system, and who declined to take any shots at the prime minister who dumped her from caucus.
opinion Don Martin: Trudeau's seeking shelter from the housing storm he helped create
While Justin Trudeau's recent housing announcements are generally drawing praise from experts, political columnist Don Martin argues there shouldn鈥檛 be any standing ovations for a prime minister who helped caused the problem in the first place.
opinion Don Martin: Poilievre has the field to himself as he races across the country to big crowds
It came to pass on Thursday evening that the confidentially predictable failure of the Official Opposition non-confidence motion went down with 204 Liberal, BQ and NDP nays to 116 Conservative yeas. But forcing Canada into a federal election campaign was never the point.
opinion Don Martin: How a beer break may have doomed the carbon tax hike
When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.
CTVNews.ca Top Stories
Trump on Day 1: Begin deportation push, pardon Jan. 6 rioters and make his criminal cases vanish
Donald Trump has said he wouldn't be a dictator 鈥 'except for Day 1.' According to his own statements, he's got a lot to do on that first day in the White House.
'I was called;' Murray Sinclair's life and legacy honoured at emotional memorial
Applause erupted over and over at the Canada Life Centre in Winnipeg Sunday as the son of Murray Sinclair, a former judge, senator and chair of the Truth and Reconciliation Commission into residential schools, spoke about his father.
Why brain aging can vary dramatically between people
Researchers are uncovering deeper insights into how the human brain ages and what factors may be tied to healthier cognitive aging, including exercising, avoiding tobacco, speaking a second language or even playing a musical instrument.
Children's book by chef Jamie Oliver withdrawn after criticism from Indigenous Australians
A children's book written by British celebrity chef Jamie Oliver has been withdrawn from sale after it was criticized for causing offense to Indigenous Australians.
The union representing some 1,200 dockworkers at the Port of Montreal has overwhelmingly rejected a deal with their employers association.
A man who was critically injured in a police-involved shooting in Hamilton late Sunday afternoon has died in hospital, says the province鈥檚 police watchdog.
opinion How to transition from renting to owning a home in Canada
In his column for CTVNews.ca, personal finance contributor Christopher Liew offers a step-by-step guide on how to make the shift from renting to becoming a homeowner, and what you can start doing today to help the process go smoother.
Prime Minister Justin Trudeau announced voters in Cloverdale鈥擫angley City will pick their next member of Parliament on Dec. 16.
Elon Musk exerts deepening influence on Donald Trump's presidential transition
Donald Trump's Mar-a-Lago club has been brimming in the last 48 hours with two kinds of people: those angling for a job in the president-elect鈥檚 incoming administration, and those trying to influence him into hiring their picks for the top spots.
Local Spotlight
Should Toronto tear up its bike lanes to improve traffic flow? Critics say it's not so simple
A congestion crisis, a traffic nightmare, or unrelenting gridlock -- whatever you call it, most agree that Toronto has a congestion problem. To alleviate some of the gridlock, the Ontario government has announced it plans to remove bike lanes from three major roadways.
For the second year in a row, the 鈥楪ift-a-Family鈥 campaign is hoping to make the holidays happier for children and families in need throughout Barrie.
Some of the most prolific photographers behind CTV Skywatch Pics of the Day use the medium for fun, therapy, and connection.
A young family from Codroy Valley, N.L., is happy to be on land and resting with their newborn daughter, Miley, after an overwhelming, yet exciting experience at sea.
As Connor Nijsse prepared to remove some old drywall during his garage renovation, he feared the worst.
A group of women in Chester, N.S., has been busy on the weekends making quilts 鈥 not for themselves, but for those in need.
A Vancouver artist whose streetside singing led to a chance encounter with one of the world's biggest musicians is encouraging aspiring performers to try their hand at busking.
Ten-thousand hand-knit poppies were taken from the Sanctuary Arts Centre and displayed on the fence surrounding the Dartmouth Cenotaph on Monday.
A Vancouver man is saying goodbye to his nine-to-five and embarking on a road trip from the Canadian Arctic to Antarctica.