After several years of consistent lobbying, the Canadian mainstream press has finally managed to persuade the Trudeau government to give their failing industry precisely what they desperately wanted: A bailout. And not just any bailout, either: A bailout of $595 million, which, if you’re counting the cash that our government gives to the press tasked with covering our government, is in addition to the $1.5 billion that the Canadian Broadcasting Corporation already receives.
The legacy media has been slowly imploding for some time, seemingly incapable of adjusting to the Digital Age. A few newspapers have monetized their content online, but others have found consumers unwilling to pay monthly fees to access their coverage. And so the press began to demand that the government give them our money. Since people were not willing to pay for their content, the media decided they could get the government to take people’s tax dollars and thus still fund the content. If you’re a Canadian taxpayer, you’re no longer just funding the CBC. You’re funding an entire failing media industry.