Canada's Government Media Funding Strategy is a Total Failure
Legacy media is still dying. Half of all CDN legacy journalists expect to get laid off after the next election while MP's and Senators now assert their "obligation" to "correct" media editorials.
Back in 2019, the Justin Trudeau Liberal government proposed a $600Mln “media bailout” of tax credits and other incentives aimed at propping up both “struggling news outlets,” along with larger businesses like the Post Media Network, a foreign-owned Canadian-based media conglomerate which owns both the conservative National Post and the business focused Financial Post.
And while the Canadian Broadcasting Corporation (CBC) wasn’t included in this total, it’s generally conceded that up to half of Canada’s legacy media journalists work for the CBC and the CBC is mostly government funded.
But even then, as outlined in the May 23rd, 2019 CBC News post, “Journalists question Liberal government's $600M media bailout plan,” there were those who questioned the government’s charity.
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