industry regulator is opening a public consultation after several large cable providers filed an application to raise the price of basic cable packages by 12 per cent, and asked for approval to automatically raise prices in line with inflation.
The price increases were proposed as Canadians are already financially stretched with inflation increasing the price of many basics, including gas and food. Inflation in 2022 recently reached 7 per cent, which could raise the price of a basic package to nearly $30 in 2023. A spokesperson from Eastlink declined to comment. Anastasia Unterner, spokesperson for Cogeco, said the company was facing rising costs of operation and inflationary headwinds.
Bell and Rogers’ basic packages include about 30 stations each: mostly news, with some entertainment. According to the CRTC’s requirements, these packages must include local and regional TV stations, provincial legislature channels where available and local educational channels. The requested price change would apply to all licensed broadcasters, including Rogers, Telus Communications Inc., Quebecor Media Inc. and Shaw Communications Inc.
Of course! they do so their execs keep getting bonuses that EXCEED the inflation rate and their investors get their 4+% dividends. What say u FP_Champagne JustinTrudeau ? Just let them gouge the avg Canadian? How much do they contribute to u?
Already too much for too little! And endless commercials!!!
People have cable?
Excellent…. Finally will cancel… and get $20 a month all open….!
Another reason it's so corrupt in Canada, yet politicians do nothing as Bell and Rogers pay them off... And Canadians take it like suckerd
Bring in more competition and see if they’ll still do it
Crooks.
100% allow it. and open up the market to anyone
Corporate greed driving inflation.
Telecoms companies should be forced to admit they have a monopoly on Canadian telecom and their executives should have their entire comp package subject to the same income tax rates as the rest of us.
Antenna is free tv! I haven't payed for cable for years and I've survived!
I want telecoms to give me the ability to choose an affordable cable package!
The 'skinny' package is basically just the channels that were free over the air, and charging $25 for what's free isn't enough for them?! The GREED
No tv
🤬 I’ll cancel the service.