on June 26, 2014 in World News
Why CBC may have to sell its headquarters to survive
Why CBC may have to sell its headquarters to survive The broadcaster may be forced to sell its downtown Toronto headquarters in the face of budget cuts. Will the CBC be forced to sell its iconic downtown Toronto headquarters in the wake of budget cuts? The cash-strapped public broadcaster is at a crossroads and needs to cut costs dramatically as it announces its five-year strategic plan to employees on Thursday. The 1.4-million-square-foot headquarters at Front and John Sts. is considered prime Canadian real estate. “We can’t invest in infrastructure that drags us down. We can’t invest our money in bricks… View Article
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