The CBC is fighting back against Quebecor’s attacks on its $1-billion in annual federal funding, accusing the private broadcaster of receiving $500-million in public subsidies over the last three years without being accountable to taxpayers.

Having been accused for months of being a “money drain,” the CBC is going further than ever in a bid to defend itself, accusing Quebecor Media Inc. of using public subsidies to “make record profits.”

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