Canadian private broadcasters such as CTV and Global are regulated by a series of interlocking responsibilities (such as providing Canadian content) and protections (such as being allowed to drop their ads into competing U.S. signals). The requirement that they be majority-Canadian-owned means they don't have to compete directly with American broadcasters. Without it, Canadians would simply have been watching ABC North or CBS Canada since the early days of TV.
Article source here:Arts Journal
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