Newspaper article The Canadian Press

Cultural Review-Update

Newspaper article The Canadian Press

Cultural Review-Update

Article excerpt

OTTAWA - The Liberal government has unveiled its plan to promote and encourage Canadian culture at home.

Heritage Minister Melanie Joly's much-awaited reboot of federal cultural policy includes some new tax dollars, but the government is also highlighting a 500-million-dollar deal with Internet streaming giant Netflix as part of the hoped-for cultural renaissance.

In her speech outlining the new "Creative Canada" policy, Joly says she wants to make sure all foreign platforms are also part of the promotion and protection of Canadian stories.

She says she wants them to participate in our goals to support the creation and discovery of Canadian content that showcases our talent, our cultures and our stories.

The deal with Netflix sets up a Canadian branch of operations for the company and commits Netflix to investing 500-million over five years in original productions in Canada.

The deal, agreed to under the Investment Act, means, among other things, that if Netflix doesn't live up to its side of the bargain, the government could impose fines. …

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