October 09, 2019
Federal Election Update
Party platforms have been released with all major parties signed on to the Guild's vision for a level playing field for Canadian broadcasters and global internet giants. See below for additional information on what each party pledges to do for our industry.
The Liberal party proposed a 3% corporate tax on tech giants and will implement a legislation within one year to ensure that all foreign content providers:
- offer meaningful levels of Canadian content in their catalogues;
- contribute to the creation of Canadian content in both official languages;
- promote this content and make it easily accessible on their platforms.
The Liberal Party also pledged to:
- increase annual funding for Telefilm Canada by nearly 50% a year;
- strengthen the regional mandate of CBC/Radio Canada;
- Introduce a new cultural diplomacy strategy.
Like other parties, the Conservatives revealed their intent to create a level playing field in the Canadian broadcasting industry, while planning to relax foreign ownership rules. The Conservative Party will apply a 3% corporate tax of online large businesses with worldwide revenues of more than more than $1 billion and revenues in Canada of more than $50 million.
New Democratic Party
The NDP will make sure that web giants play by the same rules as Canadian broadcasters by:
- paying taxes;
- supporting Canadian content in both official languages;
- promoting Canadian content.
The NDP will also ensure that Canada’s arts and cultural institutions receive stable, long-term funding, which will include a funding increase for CBC and Radio-Canada.
In its election platform, The Green Party committed to:
- apply a sales tax on foreign e-commerce companies doing business in Canada;
- Increase funding to all of Canada’s arts and culture organizations;
- Review tax incentives for film production to ensure all parts of Canada are competitive and attractive to the industry;
- Reform anti-trust laws to enable the break-up of media conglomerates;
- Increase funding to CBC and Radio Canada by $315 million per year;
- Reform the governance structure of CBC/Radio Canada to remove the potential for political interference in board appointments.
The Bloc Quebecois announced that they will apply a 3% corporate tax to foreign internet giants as well as a sales tax. The tax revenues will go to a fund exclusively dedicated at supporting cultural creation. The Bloc is in favor of a government intervention to obtain a unilateral participation of streaming giants to the creation of Canadian content. The party will also maintain CBC/Radio Canada funding and increase Council of the Arts’ funding by $365 million.