Canadian Publishing Industry News
9 December 2025,     OTTAWA
$503 million for multimedia, journalism and cultural initiatives
 
 The 2025 Federal Budget has included investments in Canadian culture totalling $503 million over 4 years, starting in 2026 and 2027, in sectors including the arts, multimedia, journalism, and national celebrations. The cultural sector’s share of Canada’s 2024 GDP was $65.3 billion, accounting for nearly 670,000 jobs. Budget 2025 proposes new investments to “grow creative industries and ensure our national cultural institutions remain strong, resilient and successful.”
This includes support for the Canada Media Fund, the Canada Council for the Arts, local festivals, community anniversaries, community-initiated capital projects through the Arts and Heritage Program, and professionally presented arts festivals or performing arts series, through the Canada Arts Presentation Fund.
 
Story Tools
Most Recent News Comment
Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
Most Recent Blog Comment
Lorene Shyba says:
Full of terrific information, Thanks!...
Special Reports
Masthead Web Edition Archives
More Archives