Journlaism outlets across the country have been struggling and shuttering at a time when good story telling is vital to successful democracy. Is the Liberal's media-aid initiative the solution? And will local ethnic publishers see a boost too?
Mandarin: Liberal Party was criticized for using funds to bribe Canadian media
Cantonese news broadcast on Fairchild TV Ontario reports:
The Conservative party criticized the Liberal government for spending $600 million to help Canadian media right before the next federal election, without providing other benefits to other industries. The move has been deemed a bribe for the media. The federal government unveiled a $595 million package over five years to help Canada’s media sector, including measures to facilitate fundraising by non-profit news organizations and tax breaks to fund the production of original content. In addition, the government is proposing a temporary 15 per cent tax credit for Canadians on online subscriptions to some media outlets. (22/11/2018)
Cantonese: Ottawa to help struggling media with $600 million in tax measures
Vancouver's Ming Pao Vancouver reports:
Financial Minister Bill Morneau in Wednesday's fall economic statement announced that the federal government is going to help the struggling Canadian media industry with new tax credits and incentives valued at $600 million over the next five years. (22/11/2018)