CRTC tax could mean $100 million hike in cable tv rates
Here’s your government working for you. The CRTC are a bunch of outdated out of touch f’tards!
The CRTC today announced that it will tax cable and satellite companies 1.5% of their gross revenues in the upcoming broadcast year in order to fund its recently created Local Programming Improvement Fund LIPF.
The LIPF tax, which is expected to be passed on to Canadian consumers in the form of higher basic and satellite cable television rates, is expected to cost subscribers $100 million annually.
via Digital Home – CRTC tax could mean $100 million hike in cable tv rates.
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The cable/satellite companies need to eat this as a business cost. The commercials and petitions are aimed at the big bad government. Taxing the companies is good. The companies transferring it directly to the consumers cable bill is bad.