ARCHIVED - Decision CRTC 2000-762
This page has been archived on the Web
Information identified as archived on the Web is for reference, research or recordkeeping purposes. Archived Decisions, Notices and Orders (DNOs) remain in effect except to the extent they are amended or reversed by the Commission, a court, or the government. The text of archived information has not been altered or updated after the date of archiving. Changes to DNOs are published as “dashes” to the original DNO number. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats by contacting us.
Decision CRTC 2000-762 |
|
| Ottawa, 21 December 2000 | |
|
Rawlco Inc., on behalf of 614546 Saskatchewan Ltd. Saskatoon, Saskatchewan - 200019019 |
|
|
20 November 2000 Public Hearing in Burnaby |
|
Transfer of control for CKOM-FM |
|
| 1. | The Commission approves the application for authority to transfer the effective control of 614546 Saskatchewan Ltd., a company previously controlled by Elmer Hildebrand, licensee of CKOM-FM Saskatoon, through the transfer of all the issued and outstanding shares held by 614546 Saskatchewan Ltd. to Rawlco Inc. |
| 2. | The purchase price for the shares is $870,000. Based on the evidence filed with the application, the Commission has no concerns with respect to the availability or the adequacy of the required financing. |
| 3. | Rawlco currently owns and operates two other commercial radio stations in Saskatoon, namely CINT and CFMC-FM. As a result of the transaction approved herein, Rawlco will own three commercial radio stations in the same market. Approval of this application is therefore consistent with the scope of the Commission's common ownership policy. According to this policy, in markets with less than eight commercial stations operating in a given language, a licensee may own or control as many as three stations operating in that language, with a maximum of two stations on either the AM or FM band. |
| 4. | In evaluating applications that would result in common ownership, the Commission requires applicants to address the issue of diversity of voices. According to the applicant, approval of this transaction and of the application by 62912 Saskatchewan Limited to acquire the assets of CJWW and CFQC-FM (approved in Decision CRTC 2000-763 issued today) will ensure that Saskatoon is served by two strong radio companies, each providing its own strong news voice. The Commission is satisfied that, following the approval of these applications, Saskatoon will continue to be served by a diversity of news voices. |
| 5. | The Commission notes that CKOM-FM has been unprofitable over the three years preceding filing of this application. The Commission's policy for commercial radio stipulates that such unprofitable radio stations do not have to meet benefits requirements. Nevertheless, the applicant decided to offer tangible benefits representing expenditures totalling $52,200 over five years, or 6% of the $870,000 purchase price. This amount, will be allocated as follows: |
|
|
|
|
| 6. | These commitments are over and above CKOM-FM's existing obligations including any condition of licence requirements. |
Other matters |
|
| 7. | The Commission notes that this licensee is subject to the Employment Equity Act that came into effect on 24 October 1996 and therefore files reports concerning employment equity with Human Resources Development Canada. |
Related CRTC document |
|
| . Public Notice 1998-41 - Commercial radio policy, 1998 | |
| Secretary General | |
| This decision is to be appended to the licence. It is available in alternative format upon request, and may also be examined at the following Internet site: http://www.crtc.gc.ca |
Date Modified: 2000-12-21
- Date modified: