Withdrawal of financial support for Canadian Television Fund
Source : Shaw Communications
December 20, 2006
Jim Shaw, Jr.'s letter to the Canadian Television Fund announcing the withdrawal of Shaw Communications' financial contribution. Note that Shaw fails to acknowledge the basis on which the funds are contributed, and appears to consider the funds to be the property of his company, rather than cable subscribers' money which the CRTC has allowed his company to collect in trust.
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The CEO of Shaw Communications says he's prepared to breach CRTC regulations and stop contributing five per cent of his company's revenues to the Canadian Television Fund.
December 22, 2006 - Canadian Television Fund: Response from Douglas Barrett, Chair of the Canadian Television Fund to Jim Shaw, CEO of Shaw Communications
Douglas Barrett says Shaw's decision to withhold contributions to the Canadian Television Fund will have an immediate and dramatic impact on the Fund's ability to carry on operations.
