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Darcy Hickson's avatar

In 2016, the Trudeau Government took the bait and launched a subsidy scheme to help the struggling media industry. We can surmise that this scheme was filled with good intentions, just another example of the Liberals fondness for moving money around under the delusion that doing so is an economic, job saving miracle.

The Prime Minister made some valid points about how media consolidation has gutted the base product, leaving content consumers with homogenized, watered down infotainment. I see this in my own backyard. A once proud broadsheet newspaper was bought out by a regional competitor who stuffs the pages with stories from the flagship operation, reducing the local news and sports. This is shrewd business to maximize profits except that subscribers are shrewd too, and refusing to pay for a crappy product.

If Trudeau feels like he has had his pockets picked by these media companies, what did he expect? And did he ever countenance the notion that tossing millions of dollars into a media black hole has delayed a reckoning that has to happen? Lost in much of the reporting about the Bell downsizing yesterday is the proposed SALE of some assets across Canada. That’s a positive sign, that these assets will reinvent themselves with local content that should have never been cut in the first place.

Lastly, is the Prime Minister equally “pissed” with the CBC as it sheds 800 jobs? Ah, all those billions spent on our “most trusted news source” only to see local content reduced and jobs disappear. Ms. Tait isn’t ruling out “performance pay” for Senior Management as things swirl the drain, proving that executive greed isn’t confined to private broadcasters and newspapers.

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Ron nichols's avatar

As always an excellent Paul Wells contribution. Lots to take in. Today’s rant is but another Trudeau high school arts level tirade seemingly now his newest schtick. Almost as bizarre as his dumb and dumber haircut moment. Is this what the junior Trudeau’s ‘walk in the snow’ looks like? Watching Biden is sad, watching Trudeau is embarrassing.

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