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To help ensure our incredible media outlets can survive through this time of upheaval as the ad-driven model for funding quality journalism falls apart, there needs to be some form of government support to assist those who need it. Longer term, we need the right mix of tax policy and regulatory support to encourage growth and strength in the media industry.
Thanks to the digital revolution, Canadians have access to more news and information than ever before. Public consumption of the news is at historic levels. Despite all that, and despite the capacity to reach more people than ever thought possible before, the economic underpinning for gathering and producing reliable news and information is quickly collapsing.
"Newspapers aren't the cash cow they used to be and they're never going to be that again."
The Globe and Mail announced the appointment of a new editor-in-chief Wednesday morning, capping off a period that has seen rapid management changes at the national newspaper. David Walmsley, a former...