Thursday, December 1, 2022

GLOBAL NEWS PETITIONS HOC FOR 25% PAYROLL REBATES

   A former Canadian Radio-television Telecommunications Commission (CRTC) vice-chair is criticizing a bid by Global News to gain access to secure payroll rebates via tax measures, warning that it could make media companies dependent on the Liberal government remaining in power.
   As first reported by Blacklock’s Reporter, the owner of Global News, Corus Entertainment Inc., submitted a petition to the House of Commons finance committee on Monday urging Ottawa for 25% payroll rebates via tax measures for media companies.
   “Unlike other Canadian news and broadcast content, Canadian broadcast news is not entitled to ongoing, direct financial support from the federal government,” the petition claimed. “Corus urges the federal government to redress this inequity.”

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