Commercial radio revenue in Canada 2011-2023
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.