The amount of Canadian AM radio stations shrank in 2010, although revenues remained abiding as FM stations and revenues grew, the civic regulator said.

The Canadian Radio-television and Telecommunications Commission appear nine AM radio stations bankrupt in the year catastrophe Aug. 10, 2010, abrogation 141 stations broadcasting. There were 177 AM stations in 2006, the CRTC said.

The bureau said 17 new FM stations opened during the year, bringing the amount of FM stations operating in the country to 513.

“In 2010, absolute revenues for AM and FM stations added by 2.9 percent to $1.55 billion and costs rose by 1.5 percent to $1.21 billion,” the address said. “As a result, profits afore absorption and taxes climbed from $271.6 actor in 2009 to $298.4 actor in 2010, and the PBIT allowance went from 18 percent to 19.2 percent.”

The address said bartering radio in Canada active 10,100 humans during the 2010 budgetary year and paid a absolute of $640.6 actor in salaries, compared with 2009 in which 10,196 humans were active and were paid $632.9 actor in salaries