Time, the phantom edition

Rumour has it that Time Canada has decided to keep calling itself a Canadian edition, but to rely entirely on Canadian stringers rather than staff writers. Apparently, with the success of split runs like Sport Illustrated and People, maintaining a couple of editorial staffers is considered an unnecessary frill. This is the lamentable natural and logical outcome of the last decade of government policy, culminating in the capitulation of the Liberals with the so-called Canada-U.S. agreement on magazines. What is happening was made more or less inevitable by the legislation.

UPDATE: Here is more detail in a story in the Globe and Mail by James Adams.

QUESTION: On what possible basis can the "grandfathering" of Time be continued now for tax-deductibility?