CBC News Network

CBC News Network (formerly CBC Newsworld) is a Canadian English language cable television specialty news channel owned and operated by the Canadian Broadcasting Corporation (CBC).

It broadcasts into over 10 million homes in Canada. It is the world's third-oldest television service of this nature, after CNN in the United States and Sky News in the United Kingdom.

With CNN already being widely available in Canada, during the 1980s both private and public Canadian broadcasters began to apply for a licence for a similar 24-hour news service in Canada.

In 1987 the Canadian Radio-television and Telecommunications Commission (CRTC) awarded a licence to the CBC, and on July 31, 1989, CBC Newsworld began broadcasting.

CBC News Network was originally broadcast from studios in Halifax, Toronto, Winnipeg and Calgary, reflecting the coast-to-coast nature of the service. However, budget cuts over the years eventually forced the then CBC Newsworld to centralize most of its operations in Toronto and Calgary.

The network is funded by cable subscriber fees and commercial advertising. Unlike the CBC's main television network, the channel cannot directly receive operational funds from the corporation's public funding allotment — although it does benefit from synergies with other CBC services, such as the ability to share reporters and programs with the main network.

Business Programmes

CBC News: Business - Airs each weekday at 18:30, the programme provides a definitive daily wrap-up of the key events in business and how they impact on Canadians.  The show also includes high-profile interviews and reports. CBC News Business is hosted by Fred Langan in Toronto.