Support will continue for Canada Periodical Fund

The Canada Periodical Fund is going to continue to be the principal support for Canadian magazines and paid community newspapers, according to a speech by Heritage Minister Mélanie Joly. The announcement is one result of the comprehensive review of federal cultural policy and support for creative industries. It's something for which Magazines Canada has been lobbying.

Minister Joly signalled that the federal government recognizes the important role Canadian magazines play, both culturally and economically, and that Canadian Heritage officials will pursue their work to review and modernize the Canada Periodical Fund, all the while continuing to support the Canadian magazine sector.

"Whether they provide a guide to your own city or bring new intelligence to trade professionals, Canadian magazines build communities of readership that are unique and very important," said Scott Jamieson, Magazines Canada board chair. "Serving a geographic or linguistic group, focussed on an artistic practice, delivering entertainment and news, or exploring sexual identity, Canadian magazines' communities of readership are as diverse as Canadian society itself."