With regard to the Applicant’s Guide for the Aid to Publishers component of the Canada Periodical Fund: (a) what exact formula is used to determine the funding amount a publisher may receive, as mentioned in section 6.1 of the Guide, and is there a formula for the adjustments according to circulation volume, circulation method, type of periodical and audience and, if so, what is the formula; (b) why are farm publications the only ones not subject to the funding cap of $1.5 million per year, as indicated in section 6.3 of the Guide, and which periodicals qualify for this exception; and (c) what percentage constitutes “majority owned and controlled by Canadians” as mentioned in section 3.1 of the Guide, and is there a difference between this percentage and the one prescribed by the Income Tax Act and, if so, what are the reasons for this difference?
In the House of Commons on January 31st, 2011. See this statement in context.