CBC to skip New Year's Eve broadcast special due to 'financial pressures'

New Year's Eve will look much different this year on CBC-TV. Canada's public broadcaster tells ºÃÉ«tvthat "financial pressures" have led the network to forgo the annual countdown. People watch the fireworks during the New Year's Eve celebrations held at Nathan Phillip square in Toronto just after midnight, Tuesday, Jan. 1, 2019. THE CANADIAN PRESS/ Tijana Martin

TORONTO - New Year's Eve will look much different this year on CBC-TV.

Canada's public broadcaster told ºÃÉ«tvon Friday that "financial pressures" have led the network to cancel this year's countdown, which inched towards midnight with musical performances and a fireworks show.

The ºÃÉ«tv Press. All rights reserved.