Managing Vacant Positions to Reduce Costs: CBC/Radio-Canada’s Financial Viability Strategies

2023-10-12 00:36:32

Faced with a shortfall of $100 million, CBC/Radio-Canada intends to limit the creation of new positions and question the replacement of departures, in the hope of reducing its operating costs.

During a meeting Wednesday followingnoon, CBC/Radio-Canada President Catherine Tait informed employees that she was suspending the creation of new positions and may not replace resignations or retirements, revealed Wednesday The duty. The president would also examine other scenarios to reduce the Crown Corporation’s expenses.

“In the current context, managing vacant positions can be an effective way to reduce the financial pressures we are experiencing,” acknowledged CBC/Radio-Canada’s director of media relations, Leon Mar, when asked by the QMI agency.

The spokesperson said the Crown corporation has established “guiding principles” aimed at “guiding decisions in the next fiscal year to ensure our financial viability.”

“Our objective is to minimize the impacts on the services we offer to the Canadian population and to position ourselves well for the future,” added Mr. Mar.

This announcement comes barely a week following the resignation of Michel Bissonnette, senior vice-president responsible for French-language services at CBC/Radio-Canada.

In 2021-2022, the CBC/Radio-Canada received $1.2 billion from the federal government and its total expenses would have amounted to $2 billion.

At the request of Ottawa, the public broadcaster must reduce its budget by 100 million per year for the next three years.

Ottawa has already announced a $60 million reduction in public funding for the SRC due to the reduction in parliamentary appropriations decreed by the Trudeau government in the last budget.

The SRC must also reduce its costs by an additional $40 million and better control the increase in its production costs.

According to its website, as of April 1, 2023, CBC/Radio-Canada had 7,960 full-time equivalents. Approximately 81% of the workforce is made up of unionized employees.

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