MONTREAL – TVA Group is continuing a meaningful restructuring of its television operations,eliminating nearly 800 positions since 2023,and facing substantial financial losses,including a $17 million deficit for the first nine months of 2025 largely attributed to declining advertising revenue. The cuts come as the company expresses disappointment with the recent federal budget, which it says fails to address critical issues facing the Canadian private television sector.
The layoffs impact teams within TVA Group’s Broadcasting sector and associated areas. Simultaneously, the company is criticizing the federal government for omitting key support measures for private broadcasters in its 2025 budget, specifically a tax credit for journalistic labor in television, a review of CBC/Radio-Canada’s mandate, and measures to curb the public broadcaster’s commercial competition. The Quebec government is being urged to swiftly implement recommendations from its October 2025 report on the future of audiovisual in Quebec, including expanding the journalistic labor tax credit to television.
TVA Group reports a loss of $17 million for the period between january 2022 and the end of the third quarter of 2025. The company also notes the federal budget lacks a commitment to withdraw advertising from CBC/Radio-Canada platforms, despite a $150 million funding increase for the public broadcaster, and fails to announce a timeline for reimbursing the Digital services Tax paid by private television broadcasters. A key demand is a tax incentive to encourage advertising purchases within Quebec and Canadian media.