Canadian Publishing Industry News
12 April 2020,     OTTAWA
Government Funding To Publishers Expedited
 
Canadian Heritage has said  they will expedite  2020 Canada Periodical Fund Aid to Publisher . Publishers should see payments at the  end of April or beginning of May 2020.The amounts paid  will be the same amount as received in 2019. Magazines receiving  Canada Council  funding  will receive an advance payment of 35% on  2020–21 core grant.
 
This advance payment will be issued by May 4, 2020. The payment will be automated by the Canada Council. Since core funded magazines have not yet received their 2020–21 grant results, the amount of the advance will be calculated based on your 2019–20 grant amount
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Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
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