All signs point to the struggling print media industry getting a financial assist from the federal government in the next budget.
The financing is expected to be doled out through the Canada Periodical Fund, which currently assists print magazines, non-daily newspapers and digital periodicals.
Heritage Minister Melanie Joly reportedly discussed the matter during a meeting Thursday with representatives of the Federation nationale des communications, which represents 7,000 people who work in culture and communications.
(Sponsored)
Ottawa businesses critically important to ending youth homelessness across the city
Local businesses joining United Way East Ontario’s effort to prevent and end youth homelessness not only helps build a stronger, safer, and healthier community, but gives a boost to Ottawa’s
How Westboro’s female entrepreneurs are making it an attractive destination to live, work and play
When fitness guru Amber Stratton opened the first Pure Yoga studio in Ottawa in 2012, Westboro was her first choice. “The space we found was a really good starting point
Joly’s spokesman, Simon Ross, didn’t deny the report and says there will be an announcement in the coming weeks or months concerning the $75-million annual fund, which is currently under review.
Ross said the government wants to correct some of the problems with the fund “to adapt it to the digital age” because it was created before the advent of the internet.
Prime Minister Justin Trudeau told Quebec Le Soleil last week he was preoccupied with the financial crisis facing media in Canada and that the decision on federal funding would come in the next budget.
