Trudeau Government Announces $600 MILLION Media Bailout

It’s even worse than many people feared.

In their economic update, the Trudeau Liberals have announced a series of measures that add up to a $600 million media bailout.

Instead of letting the Canadian People pick and choose which media companies to support freely, the Trudeau Liberals are forcing you to bail out the media that they pick – using your tax dollars to do it.

The government has announced a series of ‘tax credits and incentives,’ which will cost $600 million over the next five years.

While the dollar amounts of the bailout have been announced, the government says the specifics will be decided after they consult an ‘independent panel.’ Among the expected ideas are a ‘tax credit’ (really cheques being sent to media corporations) for labour costs and content creation, alongside a tax credit for subscribers of digital media sites.

Surely it’s just a coincidence that the Toronto Red Star just put a paywall in and is shifting towards a subscription model…

Of course, nobody on the panel will recommend not giving the media a huge bailout at taxpayer expense.

The big problem is that – beyond the waste of taxpayer dollars – the government will be picking which media companies end up getting bailed out.

The Trudeau Liberals are trying to hide the true nature of the program by saying it will be ‘independent’ from political interference, but everybody who understands life knows that’s a total joke. Whoever picks the ‘independent panel’ has the power, and it’s easy to pick people who will do exactly what you want them to do.

For example, does anyone really think any true independent voices will be picked by the government?

And does anyone really think that the prospect of a gigantic bailout won’t influence the news coverage of desperate reporters?

After all, with the Conservatives opposing measures to bailout the media at taxpayer expense, there is now a massive financial incentive for the media to keep the Trudeau Liberals in power. There’s zero chance that won’t influence the reporting.

This is disastrous for Canada, because it means that any remnants of a free press we once had will be lost. Nearly all of the media – aside from independent voices like SpencerFernando.com and others – will either be dominated by the state-run CBC, or will be in ‘private companies’ that are surviving only based on government funding, and are thus beholden to the state.

It’s a serious blow to democracy, and the consequences will be very negative for our country.

Spencer Fernando

Photo – Twitter

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