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Ottawa boosts journalism tax credit by $501M, extends eligibility to broadcasters
The expanded credit will cover broadcasters and audio and audiovisual news producers, with $85 million in annual funding to support newsroom wages.
- The federal government will extend Canada’s journalism tax credit by $501 million over five years, including $85 million in ongoing annual funding.
- Eligibility will expand from written news organizations to broadcasters producing audio and audiovisual news.
- The budget will renew the 35-percent credit rate to provide greater stability as the media sector changes.
- Qualifying journalism organizations can claim a refundable credit on eligible newsroom employees’ wages, capped at $29,750 per employee.
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From now on, journalists in the audio and visual sectors will be eligible for the journalistic tax credit. Ottawa also injects $300 million into CBC/Radio-Canada.
·Montreal, Canada
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The Toronto Star+39 Reposted by 39 other sources
Ottawa boosts journalism tax credit by $501M, extends eligibility to broadcasters
OTTAWA - The federal government is extending its journalism tax credit by $501 million over five years, with $85 million in ongoing annual funding.
·Toronto, Canada
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Ottawa boosts journalist tax credit by $501M to give ‘greater stability’
By Anja Karadeglija The Canadian Press Posted November 5, 2026 4:57 pm 1 min read Descrease article font size Increase article font size The federal government is extending its journalism tax credit by $501 million over five years, with $85 million in ongoing annual funding. Ottawa first said in its spring fiscal update that it [...]
Coverage Details
Total News Sources42
Leaning Left31Leaning Right0Center9Last UpdatedBias Distribution78% Left
Bias Distribution
- 78% of the sources lean Left
78% Left
L 78%
C 22%
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