It’s a thrilling day in our autumn of positive funding news for magazines: yesterday’s budget announcement contained the following—
Investing in Canadian Creators and the Cultural Economy
Canada’s artists, creators, and cultural entrepreneurs are at the heart of our creative economy. Their work drives innovation, supports good jobs, and ensures Canadian stories and voices are heard at home and around the world. Budget 2025 proposes to provide funding to grow Canada’s creative industries and help Canadian talent succeed in an increasingly digital and global marketplace, including:
- $38.4 million over three years, starting in 2026-27, to Canadian Heritage for the Special Measures for Journalism component of the Canada Periodical Fund to help small and community news outlets continue producing quality Canadian editorial and journalistic content; and
- $6 million over three years, starting in 2026-27 for the Canada Council for the Arts to support professional artists and arts organisations.
Magazines Canada is elated about this needed support to the magazine industry. This announcement means more support to tell more Canadian stories that Canadians need and want to read, and more support for publishers, writers, editors, designers, and creators in every part of the industry from coast to coast to coast! We are also excited to continue strengthening our relationships with government, funders, and our Canadian Magazine Coalition colleagues as we work tirelessly towards our goal of helping Canadian magazines, any way we can!
Read the full budget report here (Chapter 3: Empowering Canadians; section 3.1: Protecting Canadian Culture, Values, and Identity; sub-section: Investing in Canadian Creators and the Cultural Economy).