CRTC grants CPE exemption for CBC coverage of the Olympics

The CRTC has approved an application from the CBC to exclude programming expenditures on the public broadcaster’s coverage of the Olympic and Paralympic Games from the calculation of its regulatory obligations relating to Canadian programming expenditures (CPE) and expenditures on programs of national interest (PNI). In its Tuesday decision, the commission said it is granting the relief to CBC’s licensed English- and French-language audiovisual services with the recognition that CBC would have difficulty meeting its overall programming objectives and requirements if the application was denied, which would most likely result in the broadcaster reallocating spending currently slated for non-PNI to PNI. The...