Privatize the CBC

Did you know that the Canadian taxpayers pay $1.1 BILLION a year to CBC?  Not million.  Billion.  A year.
And last week George Stroumboulopoulos hosted a star-studded party for his Hollywood "friends" at the Toronto Film Festival in the most exclusive hotel in Toronto and we paid for it.  A couple of people at Sun TV tried to find out how much this party cost the taxpayers but CBC has refused to divulge that information or any other requested financial information and so far nobody is forcing them to.  So they get to spend our money however they please, including on lavish entertainment--they did the same party in the same place last year--and they don't have to account to anyone for it.
You would think a "conservative" government would try to scale back on CBC's funding, but noooo.  They have actually increased CBC's funding each year that they have been in power.  It's like an unpopular kid trying to buy his way into the "in" crowd.  "Please like us.  We will give you more money if you do".  It really is rather pathetic.
CBC should be privatized.  The rest of the TV channels in Canada are privately run.  Why do we need a publicly funded one?
Other than hockey does anyone even watch it?