Monday, April 08, 2019

Magazines Canada will not lobby about foreign investment or supports for journalism

Magazines Canada does not intend to lobby the federal government about either support for the journalism sector in advance of budget 2019 or about foreign investment in the magazine sector. 

Jacqueline LaRocque of public affairs firm Compass Rose said she intends to lobbying about a number of  budget matters such as antispam legislation and the review of the Broadcasting and Telecommunications Acts as well as  increased funding from the Canada Council for the Arts and Canada Periodical Fund.

But Magazines Canada would not lobby as it relates to government support for journalism or foreign investment restrictions in the Canadian magazine sector under the Investment Canada Act (ICA). 
“Magazines Canada will not be lobbying the federal government on this issue [foreign investment],” Melanie Rutledge, the group’s executive director, said in a statement. While the group is “interested in” the ICA, it will not be “engaging with parliamentarians or political offices on this issue at this time,” she added.
Magazines Canada also confirmed that it would not be lobbying political offices on supports for the journalism sector.
The Liberal government announced last fall that it would provide almost $600 million over five years in incentives to Canada’s ailing news media. The measures would allow some qualified outlets to receive a 25 per cent refundable tax credit on newsroom salaries and issue a 15 per cent tax credit to digital subscribers. They would also create access to charitable tax incentives for not-for-profit journalism.

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