Canada’s Traditional Broadcasters May Have 3 Years Left as TV Viewers Unplug: CRTC

Traditional television revenues continue to decline, falling by more than 7 percent between 2022 and 2023, according to CRTC data. Lensw0rId/Shutterstock

Traditional television revenues in Canada are steadily trending downward as the appeal of streaming services continues to climb, according to a recently released report.

TV revenues fell from $1.49 billion in 2022 to $1.38 billion last year, a more than 7 percent decline, according to Canadian Radio-television and Telecommunications Commission (CRTC) data, as first covered by Blacklock’s Reporter.