MONTREAL – TVA Groupโ is continuing a meaningful โrestructuring of its television operations,eliminating nearly 800 positions โsince 2023,and facing substantial financial losses,including a $17 million deficit for the first nine months of 2025 largely attributed to declining โadvertising revenue. The cuts come as the company expresses disappointment with the recent federal budget, which it says fails to address โcritical issues facing the Canadian private television sector.
The layoffs impact teams within TVA Group’s Broadcasting sector โขand associated areas. Simultaneously,โข the company is โขcriticizing the federal โgovernment for omitting key support measures โfor private broadcastersโ in its 2025 budget, specifically a tax credit for journalistic labor in television, a โคreview of CBC/Radio-Canada’s mandate, and โmeasures โขto curb the public broadcaster’s commercial competition. The Quebec government is being urged to swiftly implement recommendations from โits October 2025 report on the future โof audiovisual in Quebec, including expanding โคthe journalistic labor tax credit โขto television.
TVA Group reports a โคloss โof $17 million for the period between january 2022โ and the end of โthe third quarter of 2025.โข Theโ company also notes the federal budget lacks a commitment to withdraw advertising from โCBC/Radio-Canada platforms, despite a $150 million funding increase for the public broadcaster, and โfails โto announce aโ timeline for reimbursing the Digital services Tax paid by private television broadcasters. A key demand is a tax incentiveโ to โขencourage advertising purchases within Quebec and Canadian media.