<PAGE>

Portions herein identified by [***] have been omitted pursuant to a request for
confidential treatment under Rule 406 of the Securities Act of 1933, as amended.
A complete copy of this document has been filed separately with the Securities
and Exchange Commission.

                                                                    Exhibit 10.8

                    AIRCRAFT TRAFFIC REPORT SUPPLY AGREEMENT

THIS AGREEMENT is dated October 21, 2005

BETWEEN:

               CANADIAN TRAFFIC NETWORK ULC, an unlimited liability corporation
               incorporated under the laws of Alberta

               ("CTN")

                                     - AND -

               CORUS ENTERTAINMENT INC., a corporation incorporated under the
               laws of Canada

               ("Corus")

                            CONTEXT OF THIS AGREEMENT

A. Corus, through its wholly-owned subsidiaries, is the licensee of the radio
broadcasting stations listed in Schedule 1.

B. CTN and Corus wish to set out their agreement regarding the supply by CTN of
traffic reports to Corus for broadcast by the stations, all on the terms and
conditions set out in this Agreement

                                     PART 1
                         DEFINITIONS AND INTERPRETATION

1.1 DEFINITIONS

Whenever used in this Agreement the following terms have the following meanings:

     "AGREEMENT" means this agreement and all amendments made by written
     agreement between the CTN and Corus.

     "BA" means the Broadcasting Act, 1991, as amended from time to time and the
     regulations thereunder.

     "BUSINESS DAY" means a day other than a Saturday, Sunday or statutory
     holiday in the Province of Ontario.

     "CBSC CODES" means the Canadian Association of Broadcasters Codes of
     Practice, any commercial radio policies and standards endorsed or applied
     by the Canadian Broadcasting Standards Council and the Canadian
     Radio-Television and Telecommunications Commission pursuant to the BA.

<PAGE>

                                        2


     "CLAIM" means any claim, demand, action, cause of action, damage, loss,
     cost, liability or expense including, without limitation, all professional
     fees and disbursements, all reasonable costs incurred, directly or
     indirectly, in investigating or pursuing any of the foregoing, any
     proceeding relating to any of the foregoing and all interest, penalties and
     amounts paid in settlement of any of the foregoing but does not include a
     claim for indirect or consequential damages,

     "COMMENCEMENT DATE" means the start date for each city as more fully
     described in Schedule 5.

     "CONFIDENTIAL INFORMATION" means, with respect to either party, information
     that is nonpublic, confidential or proprietary in nature that relates to
     the business and affairs of a party.

     "FORCE MAJEURE" means fire, explosion, power failure, acts of God, acts of
      war (declared or undeclared), terrorism, revolution, civil commotion, acts
      of public enemies, unavoidable accident, Laws, emergency broadcast or
      other broadcast requirements under the 13A or the CBSC Codes or as a
      result of Government Authority requirements, strikes, walkouts, lockouts
      and other disturbances, delays in transportation, floods, storms and other
      natural disturbances, the failure or destruction of any technical
      equipment, weather or flying conditions, and other matters beyond the
      control of, or not reasonably foreseeable to the party concerned (other
      than the ability of the party for whatever reason, to pay money it is
      obliged to pay).

     "ENVIRONMENTAL AUTHORITY" means any government, regulatory authority,
     governmental department, agency, commission, board, tribunal, crown
     corporation, court or other law, rule or regulation making entity having or
     purporting to have jurisdiction on behalf of any nation, or province or
     state or other subdivision thereof or any municipality, district or other
     subdivision thereof.

     "LAWS" means all applicable laws, by laws, rules, regulation, orders,
     ordinances, protocols, codes, notices, directions and judgments or other
     requirements of any Governmental Authority.

     "NOTICE" is defined in Section 6.7.

     "PERSON" means any individual, sole proprietorship, partnership,
     unincorporated association, unincorporated syndicate, unincorporated
     organization, trust, body corporate, Governmental Authority, and a natural
     person in such person's capacity as trustee, executor, administrator or
     other legal representative.

     "STATIONS" means the radio stations listed in Schedule 1.

     "TAG" means a commercial announcement not to exceed ten (10) seconds that
     is read live by a CTN reporter at the beginning, during or end of each
     Traffic Report which complies with Corus's standard policies for content
     and style for tags or credit lines permitted to other sponsors on Stations.

<PAGE>

                                       3


     "TRAFFIC REPORT" a report on road traffic conditions in a defined market.

1.2 ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties pertaining
to the subject matter of this Agreement and supersedes all prior agreements,
understandings, negotiations and discussions, whether oral or written, of the
parties and there are no representations or other agreements between the parties
in connection with the subject matter of this Agreement except as specifically
set forth in this Agreement. No supplement, modification, waiver or termination
of this Agreement shall be binding unless executed in writing by the party to be
bound thereby.

1.3 SECTIONS AND HEADINGS

The division of this Agreement into parts and sections and the insertion of
headings are for convenience of reference only and shall not affect the
construction or interpretation of this Agreement. The terms "this Agreement",
"hereof", "hereunder" and similar expressions refer to this Agreement and not to
any particular article, section or other portion hereof and include any
agreement or instrument supplemental or ancillary hereto. Unless something in
the subject matter or context is inconsistent herewith, references herein to
articles and sections are to articles and sections of this Agreement.

1.4 NUMBER & GENDER

Words importing the singular number only shall include the plural and vice versa
and words importing the masculine gender shall include the feminine and neuter
genders and vice versa.

1.5 APPLICABLE LAW

This Agreement shall be construed and enforced in accordance with the laws of
Ontario and the laws of Canada applicable therein.

1.6 CALCULATION OF TIME

When calculating the period of time within which or following which any act is
to be done or step taken pursuant to this Agreement, the date which is the
reference date in calculating such period shall be excluded. If the last day of
such period is not a Business Day, the period in question shall end on the next
Business Day.

1.7 SCHEDULES

The following schedules are incorporated by reference into the terms of this
Agreement:

          Schedule 1 Radio Broadcasting Stations

          Schedule 2 Traffic Report Schedules

          Schedule 3 Aircraft hours of flight

<PAGE>

                                       4


          Schedule 4 Corus Talent Compensation and miscellaneous.

          Schedule 5 Commencement Dates by City

                                     PART 2
                      BROADCAST OF TRAFFIC DEPORTS AND TAGS

2.1 TRAFFIC REPORTS

     (a)  Beginning on the Commencement Date, CTN will provide, at its sole
          expense, and Corus will, subject to Section 2.3, broadcast on the
          Stations, a minimum number of Traffic Reports per day, Monday to
          Friday inclusive, 52 weeks per year, as set out in Schedule 2. Any
          additions, deletions, or changes to Schedule 2 must be agreed to by
          both parties at least 30 days in advance of any anticipated change.

     (b)  CTN will provide helicopter or fixed wing aircraft traffic
          surveillance as set out in Schedule 3. Notwithstanding Schedules 2 and
          3, times of flights and number of hours flown per day to be reasonably
          determined by CTN and Corus based on traffic conditions and times of
          the traffic reports, it being understood there will be times when
          traffic reports are provided outside of normal flight hours.

     (c)  In the event that the number of hours flown in each city as set out in
          Schedule 3 is not achieved, these unused hours will be placed in a
          bank of hours for that city. This bank of time will be made available
          for use by Corus for Special Promotional Events as described in
          Section 2.5. This bank of time shall not be transferable between
          cities. Any unused portion of the time bank will expire quarterly on
          March 31, June 30, September 30 and December 31 of each year.

2.2 NON-EXCLUSIVE ARRANGEMENT

Nothing in this Agreement will prohibit CTN from providing the same Traffic
Reports or other reports containing the same or similar information to radio or
television stations other than the Stations but CTN agrees that it may not,
without Corus's prior written consent, use the voicing or personalities used in
the Traffic Reports provided to the Stations in its reports to other radio
stations if, in Corus's sole discretion acting reasonably, such other radio
stations are competitive with the Stations. Notwithstanding the foregoing, ***.
Corus acknowledges that the information gathered from the aircraft will be used
as part of the data gathering for all CTN affiliated stations.

2.3 CONTENT AND QUALITY OF TRAFFIC REPORTS

CTN warrants and agrees that:

     (a)  all Traffic Reports will be prepared in accordance with the
          programming guidelines and specifications established by Corus and
          provided to CTN;

     (b)  no Traffic Report will contain any matter which is in breach of the
          BA, the CBSC Codes or which is otherwise contrary to Law;

<PAGE>

                                       5


     (c)  all Traffic Reports will be broadcast from CTN aircraft, CTN
          premises, or other places of broadcast as set out in Schedule 3 and
          delivered to Corus stations via appropriate communication technology
          as mutually agreed from time to time;

     (d)  all Traffic Reports will be of high quality, containing relevant and
          timely information so as to be of maximum benefit to the Stations'
          respective audiences; and

     (e)  all personalities engaged by CTN to present the Traffic Reports will
          be approved by Corus as being suitable for the Stations' respective
          audiences. CTN and Corus have agreed that some Corus talent will
          provide services to CTN. The particulars of the use of this talent is
          set out in Schedule 4. These will be subject to revision and
          re-negotiation on annual basis and as circumstances require.

     (f)  In the event that a video camera is installed in the aircraft, Corus
          shall have the right to take a feed of the video stream and use this
          in both still and full motion video on its branded station web sites.
          Corus shall have the exclusive radio Internet rights to this video.

     (g)  CTN will dress each aircraft at its expense in a manner that includes
          the logos and brands of Corus stations. Corus will have approval
          rights to said dress.

2.4 TAGS

Immediately before, during or after each Traffic Report provided by CTN, Corus
agrees to broadcast a Tag. Corus reserves the right to edit the Tags if, in
Corus's opinion acting reasonably, they do not meet its programming guidelines
or regulatory requirements. Any editing will be done with the prior knowledge
and co-operation of the advertiser and CTN to the extent that this is reasonably
possible in the circumstances.

2.5 SPECIAL PROMOTIONAL EVENTS

At Corus's request, CTN will supply reports for special promotional events,
sporting events, beach reports or weekend reports. These reports will be
scheduled and agreed upon at least 14 business days in advance. These reports
will carry a Tag.

2.6 EMERGENCY OR DISASTER REPORTS

CTN will use reasonable commercial efforts to provide timely emergency or
disaster reports to Corus. These reports will not carry a Tag. Corus and CTN
agree to establish an emergency procedure in each city.

2.7 RECORDED OR DELAYED BROADCASTS

If the broadcast of a Traffic Report is recorded or delayed, Corus agrees to
broadcast such Traffic Report within 5 minutes of the times set out to Schedule
2 and agrees to verify in writing to CTN that such Traffic Report was broadcast.

<PAGE>

                                       6


2.8 VERIFICATION OF BROADCAST

If CTN so requests, Corus agrees to provide written verification of the times
the Traffic Reports were broadcast and, in the absence of obvious and material
error, such written verification will be conclusive evidence that the Traffic
Reports were broadcast as required under this Agreement. CTN requests for
verification shall be made within 60 days of broadcast date.

2.9 NO REQUIREMENT TO BROADCAST

Corus is not required to broadcast any Traffic Report that, in its opinion
acting reasonably, is unreliable, not of broadcast quality, is in breach of the
BA, the CBSC Codes or is otherwise contrary to Law. Corus is not required to
broadcast any Tag that is in breach of the BA, the CBSC Codes or is otherwise
contrary to Law, or that names or promotes sponsors or products if such
promotion or association would, in its opinion acting reasonably, diminish its
reputation or that of the Stations with their respective target audiences, the
financial market or clients, is otherwise controversial or might detrimentally
impact Corus's business or brands, including but not limited to the advertising
of alcoholic beverages.

CTN acknowledges that Corus is the licensee of the Stations and nothing in this
Agreement requires that Corus broadcast any Traffic Report and that Corus will
be in compliance of this Agreement as long as it broadcasts the Tag as outline
in this Agreement.

2.10 FORCE MAJEURE

Neither CTN nor Corus will incur any liability under this Agreement because of
any failure to provide or failure to broadest any Traffic Report due to a Force
Majeure.

                                     PART 3
                          CONFIDENTIALITY AND COPYRIGHT

3.1 CONFIDENTIALITY

The parties acknowledge that during the term of this Agreement, each will
acquire Confidential Information concerning the other. Each party agrees to
treat and maintain the Confidential Information of the other as confidential and
will not disclose the Confidential Information to any other party for any
purpose (other than professional advisors), except as required by Law. This
confidentiality obligation will survive the termination of this Agreement for
any reason whatsoever.

3.2 GRANT OF LICENSE

During the term of this Agreement, CTN grants to Corus a license to:

     (a)  broadcast the Traffic Reports on the Stations;

<PAGE>

                                       7


     (b)  make taped copies of the Traffic Reports solely for the purpose of
          making a delayed broadcast on the Stations in accordance with Section
          2.7 and, if necessary, to edit the Traffic Report for such delayed
          broadcast, provided always that the Tag is incorporated in full.

     (c)  make logger tapes to meet regulatory or other legal obligations; and

     (d)  use the content for creation of promotional materials of the Traffic
          Reports

Corus acknowledges that it has no other rights in the Traffic Reports and,
without limiting the generality of the foregoing, Corus agrees that, without
CTN's prior written consent, it may not broadcast the Traffic Reports on any
stations other than the Stations, sell the Traffic Reports or the information
contained therein, provide copies of the Traffic Reports to any other
broadcaster or authorize any other broadcaster to broadcast the Traffic Reports
or use the Traffic Reports or information in any other medium other than over
the air broadcast radio.

                                     PART 4
                         OTHER AGREEMENTS OF THE PARTIES

4.1 NON-SOLICITATION OF EMPLOYEES

During the term of this Agreement and for a period of one year after the
termination of this Agreement for any reason whatsoever, Corus agrees that it
will not hire, attempt to hire or otherwise solicit any employee or service
provider employed by or retained by CTN.

4.2 CORUS EMPLOYEES

Should any existing Corus employees be utilized by CTN in its fulfillment of
this Agreement, and said employees prefer to remain Corus employees, CTN agrees
to reimburse Corus for the cost of such employees as set out in Schedule 4.
Corus will invoice CTN monthly for any employee costs, which will be due and
payable within thirty (30) days of receipt by CTN.

4.3 SOLICITATION OF ADVERTISER

Corus understands that CTN must sell advertising to support the traffic service
and, agrees that CTN will be free to solicit advertising from any advertiser.
However it is the intention of CTN not to interfere in the successful
procurement of advertising sale of any Corus Station. CTN will provide Corus
weekly, in advance; a written list of advertisers CTN plans to approach. If
Corus believes, acting reasonably, that any Corus Station is at the same time in
negotiations or scheduling negotiations with such advertiser, it will notify CTN
in writing and CTN will discontinue its approach until the Corus Station has
concluded its negotiations with such advertiser. CTN will make commercially
reasonable efforts to sell national or multi-market business. Should a CTN sale
cause a decrease in revenue to a Corus Station that can be reasonably
demonstrated, Corus does not have to air such client and the pre-empting of said
advertising shall not be considered a breach of this Agreement. Both Corus and
CTN agree to use their best efforts to cooperate in avoiding conflicts with
advertisers. CTN will not engage third party representatives to sell advertising
on the Corus Stations. Corus acknowledges that Westwood One, Inc, Metro
Networks, Inc., their parent and affiliated companies are not third party
representatives for the purposes of this Agreement.

<PAGE>

                                       8


4.4 BROADCAST LICENSE IN GOOD STANDING

Corus represents and warrants to CTN that it holds all requisite licenses and
approvals pursuant to the requirements of the BA, the CRTC and Industry Canada
authorizing it to be a radio broadcaster in Canada.

4.5 INDEMNIFICATION

Each party agrees to indemnify and save harmless the other from and against all
Claims which may be made or brought against a party or which a party may suffer
or incur, directly or indirectly, as a result of the breach of any term of this
Agreement by such party.

4.6 INJUNCTIVE RELIEF

In addition to any other relief available to a party at law, each party agrees
that a breach of a material term of this Agreement will entitle the other to
injunctive relief and each party consents to the granting of such relief.

4.7 NO PARTNERSHIP

Nothing in this Agreement will constitute the parties as partners or joint
ventures.

                                     PART 5
                              TERM AND TERMINATION

5.1 TERM

     (a)  This Agreement will commence on the Commencement Date and will
          continue for a term of three (3) years. After the passage of eighteen
          (18) months, either of CTN or Corus may provide written notice of
          their intention to terminate the agreement in six (6) months. Should
          neither CTN nor Corus terminate the Agreement after eighteen (18)
          months, the Agreement shall continue for the ordinary term.

     (b)  From the date that is six months before the ordinary termination date
          to the date that is three months before the ordinary termination date,
          each party will have an exclusive right to renegotiate a renewal of
          the agreement.

5.2 TERMINATION BY CTN

CTN may terminate this Agreement immediately upon written notice to Corus if
Corus's broadcast license is terminated or revoked for any reason whatsoever.

5.3 TERMINATION BY EITHER PARTY

Either party may terminate this Agreement as follows

     (a)  on thirty (30) days written notice if the other party is in breach or
          default of any material term of this Agreement which has not been
          remedied within fourteen

<PAGE>

                                       9


          (14) days of written notice of such breach or default being given by
          one party to the other, provided, however, that should the defaulting
          party be making a good faith effort to cure the breach or default,
          said cure period will be extended to encompass said period of time; or

     (b)  immediately on written notice if the other party becomes insolvent,
          makes an assignment for the benefit of creditors or becomes subject to
          any proceeding under any bankruptcy or insolvency law,

     (c)  Corus may take over performance of the CTN obligations under this
          agreement in the event that CTN becomes insolvent, makes an assignment
          for the benefit of creditors or becomes subject to any proceeding
          under any bankruptcy or insolvency law, or otherwise fails to meet its
          obligations pursuant to this Agreement.

5.4 RIGHT OF FIRST REFUSAL

If a trustee has been appointed pursuant to the Bankruptcy and Insolvency Act to
liquidate the assets of CTN, Corus shall have a right of first refusal to
purchase the assets of CTN at fair market value and upon other terms and
conditions as may be agreed to between Trustee and Corus.

                                     PART 6
                                     GENERAL

6.1 BENEFIT BINDING

This Agreement shall enure to the benefit of and be binding upon the successors
and permitted assigns of the parties hereto.

6.2 AMENDMENTS WAIVERS

No amendment to this Agreement shall be valid or binding unless set forth in
writing and duly executed by all of the parties hereto. No waiver of any breach
of any provision of this Agreement shall be effective or binding unless made in
writing and signed by the party purporting to give the same and, unless
otherwise provided in the written waiver, shall be limited to the specific
breach waiver.

6.3 TIME

Time shall be of the essence of this Agreement.

6.4 ASSIGNMENT

This Agreement may be assigned by CTN to any successor in interest or purchaser
of substantially all the assets of CTN. Corus agrees that it will require any
acquirer of the broadcast licenses listed in Schedule 1 to accept assignment of
this agreement as if Corus was still the licensee. Corus may, without the prior
written consent of, but only after prior notice to,

<PAGE>

                                       10


CTN, assign Corus's rights and obligation under this Agreement to an affiliate
(as that term is defined in the Canada Business Corporations Act) of Corus, or
to a purchaser of all or substantially all the assets of Licensee or the shares
in the capital of Licensee; provided that any proposed assignee shall covenant
in writing to observe and perform Corus's obligations under this Agreement."

6.5 SEVERABILITY

If any provision of this Agreement is determined to be invalid or unenforceable
in whole or in part such invalidity or unenforceability shall attach only to
such provision and all other provisions hereof shall continue in full force and
effect.

6.6 ATTORNMENT

For the purposes of all legal proceedings this Agreement shall be deemed to have
been performed in the Province of Ontario and the courts of the Province of
Ontario shall have jurisdiction to entertain any action arising under this
Agreement.

6.7 NOTICES

Any notice or other communication required or permitted to be given in
connection with this Agreement (a "Notice") may be given in writing on a
Business Day and may be given by personal delivery. Any Notice, if given by
personal delivery, will be deemed to have been received on the day of actual
delivery, if transmitted by facsimile or other means of electronic communication
before 3:00 pm (EST) on a Business Day, will be deemed to have been received on
that Business Day and if transmitted by facsimile or other means of electronic
communication after 3:00 pm (EST) on a Business Day, will be deemed to have been
received on the next Business Day.

Notices will be addressed as follows:

To CTN:         Canada Traffic Network ULC
                Atria III
                2225 Sheppard Avenue East Suite 1201
                North York, ON M2J 5C2
                Attention: Ken Casseri
                Facsimile: N/A
                E-mail: kcasseri@trafficnet.ca

With a copy to: Global Traffic Network Inc.
                7521 West Lake Mead Boulevard
                Suite 300
                Las Vegas, NV 89128
                Attention: William Yde
                Facsimile: (702) 562-4001
                E-mail: drsamtraffic@aol.com

<PAGE>

                                       11


With a copy to: Gowling Lafleur Henderson LLP
                Suite 5800, Scotia Plaza
                Toronto, Ontario
                M5H 3Z7

Attention:      Stephen R. Clarke
Facsimile:      (416) 862-7661
E-mail:         Stephen.Clarke@Gowlings.com

To Corus:       Corus Entertainment Inc
Attention:      The President and CEO
Address:        Suite 1630
                BCE Place
                181 Bay Street
                Toronto, ON
                M5J 2T3
With a copy to: Corus Radio

Attention:      The President
                Eaton Centre,
                1 Dundas Street West, Suite 2504
                Toronto, ON M5G 1Z3

or such other address as may be designated by notice by any party to the offers.

6.8 FURTHER ASSURANCES

Each party shall from time to time execute and deliver all such further
documents and do all acts and things as the other parties may reasonably require
to effectively carry out or better evidence or perfect the full intent and
meaning of this Agreement.

6.9 FAX SIGNATURES

This Agreement may be signed either by original signature or by facsimile
signature.

6.10 COUNTERPARTS

This Agreement may be executed by the parties in one or more counterparts, each
of which when so executed and delivered shall be an original and such
counterparts shall together constitute one and the same instrument.

<PAGE>

                                       12


IN WITNESS WHEREOF the parties have duly executed this Agreement.

CANADIAN TRAFFIC NETWORK ULC            CORUS ENTERTAINMENT INC.


Per: /s/ Kenneth A. Casseri             Per: /s/ John P. Hayes, Jr.
     --------------------------------        -----------------------------------
Name: Kenneth A. Casseri                Name: John P. Hayes, Jr.
Title: President CTN                    Title: President, Radio


CANADIAN TRAFFIC NETWORK ULC            CORUS ENTERTAINMENT INC.


Per: /s/ Scott E. Cody                  Per: /s/ Gary [illegible]
     --------------------------------        -----------------------------------
Name: Scott E. Cody                     Name: Gary [illegible]
Title: Treasurer                        Title: General Counsel

<PAGE>

                                       13


                                   SCHEDULE 1
                           RADIO BROADCASTING STATIONS

<TABLE>
<CAPTION>
   CITY            CALL LETTERS         DIAL POSITION
   ----     -------------------------   -------------
<S>         <C>                         <C>
Vancouver        CFOXFM (The Fox)            99.3
                CFMIFM (Rock 101)           101.1
                  CKNW (AM 980)               980

Calgary        CKRYFM (Country 105)           105
                 CHQR (CJQR 770)              770
                  CFQFM (Q107.3)            107.3

Edmonton        CHQT (880 Cool)               880
              CISNFM (CISN Country)         103.9
                 CHED (630 CHED)              630
                  CKNG (Joe FM)              92.5

Winnipeg         CJOB (CJOB 680)              680
                CJKRFM (Power 97)            97.5

Hamilton          CHML (AM 900)               900
                  CJXYFM (Y108)             107.9

Toronto        CFNYFM (The Edge)            102.1
              CINGFM (Country 95.3)          95.3
                  CILQFM (Q107)             107.1
                  CFMJ (AM 640)               640

Montreal     CKOIFM (F) (CKOI 96.9)          96.9
                    CHMPFM (F)               98.5
                CINF(F) (Info 690)            690
                    CKAC Talk                 730
            CFQRFM (E) Lite Rock Q92)        92.5
               CINW (E) (940 News)            940
</TABLE>

<PAGE>

                                       14


                                   SCHEDULE 2
                            TRAFFIC REPORT SCHEDULES
                                MONDAY TO FRIDAY

<TABLE>
<CAPTION>
             5:00 AM   10:00 AM   3:00 PM      Day       Week
            10:00 AM    3:00 PM   8:00 PM     Total     Total
            --------   --------   -------   ---------   -----
<S>         <C>        <C>        <C>       <C>         <C>
Vancouver
CKNW            23         10        26         59        295
CFOX            12                              12         60
CFMI            12                              12         60

Edmonton
CISN            12                              12         60
CHQT            12                   12         24        120
CKNG            12                              12         60
CHED            18         12        19         49        245

Calgary
CKRY            10                              10         50
CFGQ             6                               6         30
CHQR            22         10        18         50        250

Winnipeg
CJOB            16          6        10         32        160
CJKR             6                               6         30

Hamilton
CHML            26         10        24         60        300
CJXY            12                              12         60

Toronto
CILQ            12                   16         28        140
CING            12                   12         24        120
CFMJ            29         30        30         89        445
CFNY            14                   12         26        130

Montreal
French
CHMP            15
CKOI            12
CINF            30         30        30         90        450
CKAC            19         17        18         54        270

English
CFQR            12                   12         24        120
CINW            30         30        30         90        450
Totals:        384        155       291        830       4150
</TABLE>

<PAGE>

                                       15


                                   SCHEDULE 3

Daily Hours Helicopter is in the Air, doing Traffic Reports by city. This is a
Monday to Friday schedule.

<TABLE>
<CAPTION>
            CITY              DAILY HOURS   ANNUAL HOURS
            ----              -----------   ------------
<S>                           <C>           <C>
Toronto                           6.0          1530.0
Montreal (English & French)       5.5          1402.5
Vancouver                         4.5          1147.5
Calgary                           4.0          1020.0
Edmonton                          4.0          1020.0
Winnipeg                          3.5           892.5
Hamilton                          4.0          1020.0
</TABLE>

----------
1.   Annual hours are calculated using the number of weekdays in a given year of
     255.

2.   Daily hours can be divided into Breakfast and Drive time periods, at each
     market's discretion.

3.   Hamilton is for "Fixed wing" aircraft.

4.   The numbers of annual hours in this schedule includes "Breaking News
     Events" and "Promotional Events" where the helicopter is used. The hours
     are "banked" over the course of the calendar quarter against the number of
     hours not used daily.

<PAGE>

                                       16


                                   SCHEDULE 4
                      TALENT COMPENSATION AND MISCELLANEOUS

CTN will reimburse Corus for talent and other costs as follows:

Montreal: $50,000 per annum each for two French service reporters as well as the
costs payable, if any, to the Quebec Ministry of Transport for access to traffic
cameras.

Vancouver: $42,000 for an afternoon traffic reporter.

Calgary: $45,000

Edmonton: CTN will reimburse the costs of two new hires by Corus.

Winnipeg: $36,000

Toronto: CTN will reimburse the costs of two new hires by Corus.

<PAGE>

                                       17


                                   SCHEDULE 5
                        TIMETABLE FOR HELICOPTER DELIVERY

<TABLE>
<CAPTION>
  CITY             DATE
  ----      -----------------
<S>         <C>
Calgary      November 1, 2005
Toronto     November 15, 2005
Montreal     January 1, 2006
Vancouver    January 1, 2006
Edmonton     January 1, 2006
Winnipeg     January 1, 2006
Hamilton     January 1, 2006
</TABLE>

*    Hamilton is a "Fixed Wing" aircraft.