In 2023, the commercial radio stations in Canada generated approximately 1.1 billion Canadian dollars in revenue, marking a decrease of less than one percent compared to 2022. In contrast, 2022 saw revenues increase by 3.2 percent, recovering from the significant declines in 2020 and 2021, which were primarily attributed to the impact of the coronavirus outbreak on the industry.
Revenue generated by commercial radio stations in Canada from 2011 to 2023
(in million Canadian dollars)
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CRTC. (June 13, 2024). Revenue generated by commercial radio stations in Canada from 2011 to 2023 (in million Canadian dollars) [Graph]. In Statista. Retrieved February 08, 2025, from https://www.statista.com/statistics/540602/commercial-radio-revenue-canada/?__sso_cookie_checker=failed
CRTC. "Revenue generated by commercial radio stations in Canada from 2011 to 2023 (in million Canadian dollars)." Chart. June 13, 2024. Statista. Accessed February 08, 2025. https://www.statista.com/statistics/540602/commercial-radio-revenue-canada/?__sso_cookie_checker=failed
CRTC. (2024). Revenue generated by commercial radio stations in Canada from 2011 to 2023 (in million Canadian dollars). Statista. Statista Inc.. Accessed: February 08, 2025. https://www.statista.com/statistics/540602/commercial-radio-revenue-canada/?__sso_cookie_checker=failed
CRTC. "Revenue Generated by Commercial Radio Stations in Canada from 2011 to 2023 (in Million Canadian Dollars)." Statista, Statista Inc., 13 Jun 2024, https://www.statista.com/statistics/540602/commercial-radio-revenue-canada/?__sso_cookie_checker=failed
CRTC, Revenue generated by commercial radio stations in Canada from 2011 to 2023 (in million Canadian dollars) Statista, https://www.statista.com/statistics/540602/commercial-radio-revenue-canada/?__sso_cookie_checker=failed (last visited February 08, 2025)
Revenue generated by commercial radio stations in Canada from 2011 to 2023 (in million Canadian dollars) [Graph], CRTC, June 13, 2024. [Online]. Available: https://www.statista.com/statistics/540602/commercial-radio-revenue-canada/?__sso_cookie_checker=failed
