Federal subsidies make media unpopular with Canadians, heritage committee told
Unpopular federal subsidies have turned corporate media into targets of public scorn, the Commons heritage committee has been told. An Alberta editor said taxpayers believe reporters are “on the take.”
“Attacks on media are strategic and they are popular,” said Jen Gerson of Calgary, co-founder of the online newsletter The Line. “Journalists are not well liked by the general public who have a negative opinion of the press corps that is perceived to be on the take.”
According to Blacklock’s Reporter, Parliament in 2019 approved a $595 million bailout of cabinet-approved publishers. Subsidies include 25% payroll rebates to a maximum $13,750 per newsroom employee and 15% tax credits for subscribers.
Federally-endorsed publishers also qualified for extra pandemic wage subsidies and sole-sourced contracts for news clippings at uncompetitive rates, a total average $7.5 million a year, according to the Department of Public Works.
full story at https://www.westernstandard.news/news/federal-subsidies-make-media-unpopular-with-canadians-heritage-committee-told/article_d5b8d362-3d96-11ed-a8f0-735c7d8a2108.html
Categorised in: Canadian News