BeaverFever BeaverFever:
It was always proposed as a credit for the 2019 tax assessment, which hasn’t happened yet. How did Fiddle figure that out before you did?
There's a bit more to the Liberals largess than just a "tax credit" for the news media. They've essentially turned some of the these media outlets into charity organizations who can solicit donations and issue tax receipts for their donors which makes them a money making venture because unlike charities they don't donate their money.
But maybe you can clarify this for me because I looked and couldn't find any other businesses or corporations being given refunds for labour costs other than when they involve maintenance and repairs.
So it that common practice to give for profit organizations tax credits and refunds for their labour costs or is this another anomaly.
$1:
Finance Minister Bill Morneau said the government wants to protect the “vital role that independent news media play in our democracy and in our communities.”
The plan in the government’s fiscal update allows non-profit news organizations to accept donations and issue tax receipts to donors. To be eligible, charitable journalism operations will have to release content for free under a creative commons licence, which the government hopes will have a knock-on effect for local news organizations that can post the stories or incorporate them into their own journalism.
The plan also includes a new refundable tax credit for labour costs at both for-profit and non-profit news organizations. To determine eligibility for the credit, the government plans to create an independent panel drawn from the “news and journalism community,” which will also “define and promote core journalism standards (and) define professional journalism.”
But it really doesn't matter anyway because much like the promises of our new warships, by the time the Liberals get around to issuing the refund checks most of these media outlets will be gone.
CKA Uber 
