The Globe and Mail's Simon Houpt writes that the CBC is cancelling its afternoon business show, On the Money, because of a lack of money, after staff at the public broadcaster were told a shortfall had left it unable to produce all of its current programming while also continuing its digital transformation.
The cancellation marks the first time CBC’s cable news channel will be without regularly scheduled business news coverage since News Network launched as Newsworld in 1989.
The show, hosted by Peter Armstrong, had rebranded from The Exchange to On the Money only last fall. Its final broadcast will be Thursday, June 28.
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