Magazines Canada wants targetted program for small arts & literary mags

Magazines Canada has told its members it is intent on negotiating revisions with the Department of Canadian Heritage to the announced provisions of the new Canada Periodical Fund. There are three areas of concern where it intends to press for changes:

• Arts and literary publications with <5,000>
• The cap on large magazine contributions should be "rethought" and even if it stays lowered to $1.5 million phased in rather than be implemented all at once on April 1, 2010; and
• That Heritage deliver the cash to magazines from the new CPF throughout the year (rather than in a lump sum in arrears) to more closely approximate the way that costs were addressed by the Publications Assistance Program.