I’m not sure it’s fair to call this a cut

• 2026-27: $1,383,252,311
• 2025-26: $1,425,237,411 (later rose to $1,575,237,411)

($191,985,100)

I would call a reduction of $191M in annual funding a cut.

CBC’s funding is almost exactly what it was 2 years ago.

Now adjust for inflation.