The Globe and Mail reports in its Wednesday edition that the feds will publish regulations within the next two weeks that will detail how Bill C-18, the Online News Act, will work. The Globe's Marie Woolf writes that officials will spell out how a collective -- a type of fund run by news organizations -- will distribute the Google money to news outlets based on the number of journalists they employ. The money will support national and local newspapers, broadcasters, indigenous radio stations and French-language news, as well as digital media and CBC/Radio-Canada. The CBC employs about one-third of Canada's journalists, but the regulations are expected to impose a cap on the amount of money the public broadcaster receives. CBC/Radio-Canada announced Monday it would shed about 10 per cent of its work force and reduce production, in an effort to address a budget shortfall of $125-million in the next fiscal year. In the 2021-22 fiscal year, the CBC received $1.2-billion in government funding. In 2020-21, it received $1.39-billion. Bloc Québécois leader Yves-François Blanchet said that CBC/Radio-Canada should receive none of the Google money -- "a huge zero" -- so the funds can go to private media, including in Quebec.
© 2024 Canjex Publishing Ltd. All rights reserved.