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Canadian Taxpayers Federation looking into value of CBC properties

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From the Canadian Taxpayers Federation

CBC amasses half a billion in real estate

Author: Ryan Thorpe

The Canadian Broadcasting Corporation has amassed nearly half-a-billion dollars in real estate holdings, according to documents obtained by the Canadian Taxpayers Federation.

The CBC’s real estate portfolio, comprised of 12 properties scattered across Canada, is assessed at more than $444 million. The CBC leases another 72 properties, including five in foreign countries, that it refuses to disclose costs for.

“It sure seems the CBC is spending way more on its buildings than competitors spend, but what value do taxpayers get for all these properties?” said Franco Terrazzano, CTF Federal Director. “Taxpayers have every right to question why we’re paying for all these CBC buildings in Canada and in other countries.”

Records detailing the CBC’s real estate portfolio were released in response to a written order paper question from Conservative MP Adam Chambers (Simcoe North).

CBC’s most expensive is its Toronto headquarters, which is assessed at nearly $314 million.

For context, when TorStar – the parent company that publishes the Toronto Star – was sold in 2020, the price tag for the entire newspaper chain was $52 million. And when the Calgary Herald sold its building earlier this year, it went for $17.25 million. In 2012, the Globe and Mail sold its head offices in downtown Toronto for $136 million. The National Post sold its headquarters in Toronto for $24 million in 2012.

Table: CBC-owned property, assessed municipal value

Location

Value

Toronto, Ont.

$313,866,000

Vancouver, B.C.

$99,061,000

Winnipeg, Man.

$11,718,000

St. Johns, N.L.

$4,439,000

Yellowknife, NWT

$3,181,720

Fredericton, N.B.

$2,791,000

Charlottetown, P.E.I.

$2,631,800

Saguenay, Que.

$2,485,939

Whitehorse, Yuk.

$1,847,410

Winnipeg, Man.

$1,541,000

Thunder Bay, Ont.

$537,000

Rankin Inlet, Nun.

$314,600

Total

$444,414,469

The CBC is refusing to disclose what it spends on the 72 other properties it currently leases in Canada and abroad, citing it as “commercially sensitive information.”

Outside of Canada, the CBC leases property in London, U.K., Mumbai, India, Paris, France, and New York City and Washington, U.S.A.

In Paris, France, the CBC leases offices in “a corner building on one of the prestigious avenues leading off the Arc de Triomphe,” located in the city’s 17th Arrondissement, on the right bank of the River Seine.

In London, U.K., Canada’s public broadcaster leases office space bordering the city’s Soho district, famous for its restaurants and nightlife, located a short drive from Buckingham Palace and Hyde Park.

And in New York City, the CBC leases office space in downtown Manhattan, a short walk from Rockefeller Centre and Central Park.

It also leases multiple properties in six Canadian cities, including two in Prince Rupert, B.C. (pop. 12,300) and two in Matane, Que. (pop. 14,000).

In Montreal, the CBC leases three properties, including its French-language headquarters on Papineau Avenue. While it is now refusing to say what it costs to lease its Montreal HQ, back in 2019, the CBC disclosed it was paying $20 million per year.

“Why does the CBC need to lease these properties in far-flung countries, let alone multiple properties in smaller Canadian towns, and how much is all of this costing taxpayers?” Terrazzano said. “The CBC costs taxpayers more than $1 billion every year, so at the very least it owes Canadians full transparency.”

In 2021, the CBC took $1.2 billion from taxpayers, including $21 million in “immediate operational support” to ensure its stability during the pandemic. In late-2022, the feds gave the CBC another $42 million to help it “recover from the pandemic,” as reported by the National Post.

The CBC gave staff $28.5 million in bonuses and pay raises in 2022. There are now 949 CBC staff taking home a six-figure annual salary, with the number of employees on the sunshine list doubling since Prime Minister Justin Trudeau came to power in 2015.

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Some Of The Wackiest Things Featured In Rand Paul’s New Report Alleging $1,639,135,969,608 In Gov’t Waste

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From the Daily Caller News Foundation

By Ireland Owens

Republican Kentucky Sen. Rand Paul released the latest edition of his annual “Festivus” report Tuesday detailing over $1 trillion in alleged wasteful spending in the U.S. government throughout 2025.

The newly released report found an estimated $1,639,135,969,608 total in government waste over the past yearPaul, a prominent fiscal hawk who serves as the chairman of the Senate Homeland Security and Governmental Affairs Committee, said in a statement that “no matter how much taxpayer money Washington burns through, politicians can’t help but demand more.”

“Fiscal responsibility may not be the most crowded road, but it’s one I’ve walked year after year — and this holiday season will be no different,” Paul continued. “So, before we get to the Feats of Strength, it’s time for my Airing of (Spending) Grievances.”

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The 2025 “Festivus” report highlighted a spate of instances of wasteful spending from the federal government, including the Department of Health and Human Services (HHS) spent $1.5 million on an “innovative multilevel strategy” to reduce drug use in “Latinx” communities through celebrity influencer campaigns, and also dished out $1.9 million on a “hybrid mobile phone family intervention” aiming to reduce childhood obesity among Latino families living in Los Angeles County.

The report also mentions that HHS spent more than $40 million on influencers to promote getting vaccinated against COVID-19 for racial and ethnic minority groups.

The State Department doled out $244,252 to Stand for Peace in Islamabad to produce a television cartoon series that teaches children in Pakistan how to combat climate change and also spent $1.5 million to promote American films, television shows and video games abroad, according to the report.

The Department of Veterans Affairs (VA) spent more than $1,079,360 teaching teenage ferrets to binge drink alcohol this year, according to Paul’s report.

The report found that the National Science Foundation (NSF) shelled out $497,200 on a “Video Game Challenge” for kids. The NSF and other federal agencies also paid $14,643,280 to make monkeys play a video game in the style of the “Price Is Right,” the report states.

Paul’s 2024 “Festivus” report similarly featured several instances of wasteful federal government spending, such as a Las Vegas pickleball complex and a cabaret show on ice.

The Trump administration has been attempting to uproot wasteful government spending and reduce the federal workforce this year. The administration’s cuts have shrunk the federal workforce to the smallest level in more than a decade, according to recent economic data.

Festivus is a humorous holiday observed annually on Dec. 23, dating back to a popular 1997 episode of the sitcom “Seinfeld.” Observance of the holiday notably includes an “airing of grievances,” per the “Seinfeld” episode of its origin.

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Alberta

A Christmas wish list for health-care reform

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From the Fraser Institute

By Nadeem Esmail and Mackenzie Moir

It’s an exciting time in Canadian health-care policy. But even the slew of new reforms in Alberta only go part of the way to using all the policy tools employed by high performing universal health-care systems.

For 2026, for the sake of Canadian patients, let’s hope Alberta stays the path on changes to how hospitals are paid and allowing some private purchases of health care, and that other provinces start to catch up.

While Alberta’s new reforms were welcome news this year, it’s clear Canada’s health-care system continued to struggle. Canadians were reminded by our annual comparison of health care systems that they pay for one of the developed world’s most expensive universal health-care systems, yet have some of the fewest physicians and hospital beds, while waiting in some of the longest queues.

And speaking of queues, wait times across Canada for non-emergency care reached the second-highest level ever measured at 28.6 weeks from general practitioner referral to actual treatment. That’s more than triple the wait of the early 1990s despite decades of government promises and spending commitments. Other work found that at least 23,746 patients died while waiting for care, and nearly 1.3 million Canadians left our overcrowded emergency rooms without being treated.

At least one province has shown a genuine willingness to do something about these problems.

The Smith government in Alberta announced early in the year that it would move towards paying hospitals per-patient treated as opposed to a fixed annual budget, a policy approach that Quebec has been working on for years. Albertans will also soon be able purchase, at least in a limited way, some diagnostic and surgical services for themselves, which is again already possible in Quebec. Alberta has also gone a step further by allowing physicians to work in both public and private settings.

While controversial in Canada, these approaches simply mirror what is being done in all of the developed world’s top-performing universal health-care systems. Australia, the Netherlands, Germany and Switzerland all pay their hospitals per patient treated, and allow patients the opportunity to purchase care privately if they wish. They all also have better and faster universally accessible health care than Canada’s provinces provide, while spending a little more (Switzerland) or less (Australia, Germany, the Netherlands) than we do.

While these reforms are clearly a step in the right direction, there’s more to be done.

Even if we include Alberta’s reforms, these countries still do some very important things differently.

Critically, all of these countries expect patients to pay a small amount for their universally accessible services. The reasoning is straightforward: we all spend our own money more carefully than we spend someone else’s, and patients will make more informed decisions about when and where it’s best to access the health-care system when they have to pay a little out of pocket.

The evidence around this policy is clear—with appropriate safeguards to protect the very ill and exemptions for lower-income and other vulnerable populations, the demand for outpatient healthcare services falls, reducing delays and freeing up resources for others.

Charging patients even small amounts for care would of course violate the Canada Health Act, but it would also emulate the approach of 100 per cent of the developed world’s top-performing health-care systems. In this case, violating outdated federal policy means better universal health care for Canadians.

These top-performing countries also see the private sector and innovative entrepreneurs as partners in delivering universal health care. A relationship that is far different from the limited individual contracts some provinces have with private clinics and surgical centres to provide care in Canada. In these other countries, even full-service hospitals are operated by private providers. Importantly, partnering with innovative private providers, even hospitals, to deliver universal health care does not violate the Canada Health Act.

So, while Alberta has made strides this past year moving towards the well-established higher performance policy approach followed elsewhere, the Smith government remains at least a couple steps short of truly adopting a more Australian or European approach for health care. And other provinces have yet to even get to where Alberta will soon be.

Let’s hope in 2026 that Alberta keeps moving towards a truly world class universal health-care experience for patients, and that the other provinces catch up.

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