CBC TV Ad Revenue Fell 16 Percent in First Half of 2023, With No End in Sight

Catherine Tait, president and CEO of the Canadian Broadcasting Corporation (CBC), waits to appear before the Standing Committee on Canadian Heritage in Ottawa, on Nov. 2, 2023. The Canadian Press/Spencer Colby

CBC’s TV ad revenue dipped nearly 16 percent in the first half of 2023, according to the government-funded broadcaster’s newly released second-quarter financial report.

CEO Catherine Tait made no mention of the Crown broadcaster’s decrease in advertising dollars during her Nov. 2 testimony before the House of Commons heritage committee.