Opinion: ‘Of Course CBC Cancels its Only Business-Friendly Show’


The national broadcaster continues to subsidize various programs such as The Current and The Sunday Edition, which have come to resemble graduate school humanities seminars on identity liberalism

People walk into the CBC building in Toronto on April 4, 2012. CBC News is laying off 144 people across the country, shrinking English-language local services in a bid to shave $15 million from its operating costs. THE CANADIAN PRESS/Nathan Denette na032715CBC na032715-CBC
The CBC is canceling On the Money.THE CANADIAN PRESS/Nathan Denette

The CBC News Network announced last week it was cancelling its flagship business program On the Money, ending the tradition of covering business news in-depth since the all-news channel’s inception in 1989. The cancellation seemed inevitable after being shifted from a prime time evening slot to 4 pm, where it was regularly interrupted by news conferences and weather reports.

But killing off the national broadcaster’s main vehicle for business news and commentary raises the question of whether the CBC was motivated by its growing bias against business people’s views of the world, which inevitably tend to be more conservative. No one cited ratings as a factor in the decision; rather, CBC management blamed budget constraints, as the $500 million of additional funding newly provided by the Trudeau government is supposedly not enough to cover the development of a digital platform for its broadcasts. If true, this shows just how serious is the disadvantage of private-sector news broadcasts who cannot possibly match the CBC in developing new platforms, especially when the CBC gives all its programming away for no fee.

However, budget constraints are a lame excuse. Everyone has a budget, which only forces management to reveal its priorities. The CBC’s budget has expanded sharply under the Liberal government, but it chose to divert funds into costly ventures such as The National, while starving other programs. True to its public sector roots, the CBC never trims employee compensation as part of its search to cut costs.

It seems more likely that On the Money was targeted because it was the last bastion of pro-business commentary (at least by comparison with other CBC programs). After all, the show and its predecessor The Exchange helped make Kevin O’Leary famous enough to make a run for the leadership of the federal Conservative party — a dangerous precedent. The extensive airing of O’Leary’s conservative views on The Exchange was subsequently shrunk to five-minute round-ups by such right-wing thought leaders as professor Ian Lee and entrepreneur Mark Satov. Mercifully, viewers will no longer have to listen to the equal coverage the show insisted on giving to raving redistributionists like Armine Yalmizyan and Angela McEwen.

While cutting On the Money the CBC continues to subsidize various programs such as The Current and The Sunday Edition, which have come to resemble graduate school humanities seminars on identity liberalism, encouraging listeners to view themselves in terms of victimization and identity politics and against the growing greed of the business class. The most honest title of a CBC program is the radio show The 180, which covers not the whole 360-degree spectrum, but half: from the centre to the far left.



  1. The only reason I ever tuned into the public funded propaganda machine was to hear Stuart Mclean. Once he died the only reason to tune CBC was GONE. I ould rather not be subjected to that level of sjw pc crap

  2. O’Leary built his “brand” via the Dragon’s Den and the Lang-O’Leary exchange. While he was entertaining to watch when he was on the Den, it was painful to watch the absolute hatred spouted from Lang’s mouth directed at O’Leary. It got to the point where the only time the show could be watched was when one of the co-hosts was not there and a substitute took over. I wrote to the CBC and told them that if O’Leary spouted the vile hatred against Lang that Lang spouted against O’Leary, not only would he be fired, he would be brought up on hate crime charges. But he cashed out and went to the USA, and never looked back. Lang on the other hand …. wasn’t she arrested for something?

  3. Oh Brother…you nailed it about Lang (raised in your typical Liberal family of priviledge) taking on a self-made entrepreneur, who lives in the real world…perhaps excepting his nutty run for CPC leadership.
    Should we really be surprised at this move by the CBC?


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