It’s completely false to say that our government did nothing to offset job losses in the entire media sector, be it on the private sector side or with the public broadcaster.
We passed the Online News Act so that web giants contribute to our media companies’ success and to make sure newsrooms remain viable throughout the country. We’re talking about $500 million that Google will invest annually, which will be adjusted for inflation. It’s a major step forward for regulating web giants. Furthermore, it will help the journalism sector throughout the country.
We also implemented the Local Journalism Initiative, which provides funds to media organizations. We also created the Canadian Journalism Labour Tax Credit, and implemented many measures to help journalism.