"It's official -- there could be radio silence soon unless the people who run the University of Waterloo's campus-community radio station find a way to replace 90 per cent of their budget. This week, the university's board of governors rubber-stamped the cancellation of funding to CKMS-FM. The real decision was made in February, when only 12.8 per cent of eligible student voters cast a ballot in a student referendum. Of those, more than two-thirds voted to stop paying a $5.50-a-term refundable fee to support the station. The board of governors normally affirms student decisions, said vice-chair Ian McPhee. The non-profit radio station has enough money to continue its operations until September, said station manager Heather Majaury. The station will do everything it can to keep running."
According to the article the station is still fighting this decision and the loss of the station could hurt the local indie music scene:
See my related posts:
Update on Canadian Station CKMS's Budget Woes (3-14-2008)
Students Vote To End Fees in Support of College Radio Station CKMS (2-20-2008)