Trudeau gov’t fall economic statement includes massive payouts to legacy media ahead of election

[1LoverofGod]

OTTAWA, Ontario (LifeSiteNews) — The federal government of Prime Minister Justin Trudeau’s fall economic statement includes massive payouts for mainstream media outlets ahead of and after the 2025 election.

On November 21, Finance Minister Chrystia Freeland delivered the Liberal Government’s Fall Economic Statement in the House of Commons, which includes legacy media subsidies which will cost taxpayers $129 million over the next five years.
“To ensure a strong and independent press can continue to thrive in Canada the Fall Economic Statement proposes to enhance the Canadian journalism labour tax credit,” the Department of Finance wrote.

Beginning in 2019, Parliament changed the Income Tax Act to give yearly rebates of 25 percent for each news employee in cabinet-approved media outlets earning up to $55,000 a year, to a maximum of $13,750.
However, the Canadian Heritage Department since admitted that the payouts are not sufficient to keep legacy media outlets running. The department recommended that rebates be doubled next year to a maximum $29,750 annually.

This suggestion was adopted by the Trudeau government in the Fall Economic Statement, which increased the rebates to 35 percent on newsroom salaries up to $85,000, totaling a maximum rebate of $29,750. The temporary tax credit is set to apply for the next four years.
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Trudeau gov’t fall economic statement includes massive payouts to legacy media ahead of election - LifeSite

The subsidies for legacy media come as Canadians' trust in mainstream media is polling at an all-time low.

www.lifesitenews.com

 

[Tall Timbers]

On November 21, Finance Minister Chrystia Freeland delivered the Liberal Government’s Fall Economic Statement in the House of Commons, which includes legacy media subsidies which will cost taxpayers $129 million over the next five years.
“To ensure a strong and independent press can continue to thrive in Canada the Fall Economic Statement proposes to enhance the Canadian journalism labour tax credit,” the Department of Finance wrote.

Let me see if I understand this. To ensure a Press free and independent of the govmint, the govmint is financing them...

 

[Kaatje]

Let me see if I understand this. To ensure a Press free and independent of the govmint, the govmint is financing them...

Yes. That's the new normal.
All to insure the poor, uninformed masses get their daily portion of misinformation.

 

[Armor of Light]

Let me see if I understand this. To ensure a Press free and independent of the govmint, the govmint is financing them...

So said govmnt can have the backing of media, everything is rose here, everything is wonderful while I'm in control/president

 

[Work4Peanuts]

And for goodness sake, don't actually educate the poor unwashed masses. We can't have them thinking independently. Just feed the kids a steady diet of Alphabet Soup Mafia propoganda, and make sure they have their cell phones.

Bread and Circuses.