$595 million bailout for news media remains ‘confidential’

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(Photo by Jason Leung on Unsplash)

 

by  Matthew Horwood

May 25, 2022

Following a $595 million press bailout, the federal government is invoking confidentiality in refusing to detail cash payments to individual publishers. Newspaper executives mandated to help cabinet design terms of the bailout in 2019 agreed to conceal payments.

“When I’m out and about a lot of people have congratulated me and told me it was a good thing for news media across the country,” Bob Cox, then-publisher of the Winnipeg Free Press and chair of News Media Canada, said in an interview at the time.

According to Blacklock’s Reporter, Cox chaired a panel of eight executives appointed by the Department of Canadian Heritage to design the subsidy plan.

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