In the modernized Canada Periodical Fund (CPF) administered by the Department of Canadian Heritage, the amount of money a magazine receives from the fund will be based on a combination of the magazine’s investment in creating Canadian content, as well as the magazine’s verified annual print circulation. The modernized CPF also includes a new digital magazine component that supports digital-only magazines. This support allows Canadian magazine publishers to publish Canadian content in English, French, the languages of Indigenous peoples, and more than 30 other languages in the face of steep competition from magazines published in other countries and from other media.