Newspaper article The Canadian Press

--Fourteenth NewsWatch-

Newspaper article The Canadian Press

--Fourteenth NewsWatch-

Article excerpt

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(Cultural-Review) (Audio: P14)

Canadian offices for an online streaming giant is just one component of the Trudeau government's newly announced cultural renaissance.

A 500-million-dollar agreement with video-streaming giant Netflix will see the company set up a Canadian branch of operations and invest over five years in original productions in Canada.

They've also committed 25-million to French-language content.

Toronto's Ryerson University is also getting in on the "Creative Canada" initiative by benefiting from funding from Facebook for a new digital journalism program.

Heritage Minister Melanie Joly says they plan to focus on supporting innovation, experimentation and a transition to digital. (14)

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(Bombardier)

Bombardier says it is bracing for another blow from the U-S, as it waits to hear if a new anti-dumping tariff will be applied.

The Montreal-based aerospace company was the target of a nearly 220 per cent countervailing duty this week, after a complaint from American rival, Boeing.

The U-S government is scheduled to announce its preliminary anti-dumping decision on Boeing's petition next Wednesday.

Bombardier's commercial aircraft sales chief says the exorbitant levies make no sense and they are confident they will be reversed in final decisions later this year. (14)

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(PEI-Tax-Changes)

Prince Edward Island's premier is calling on Ottawa to hold off on implementing its controversial proposed tax changes.

Wade MacLauchlan says many business owners on the Island are expressing significant concern and uncertainty over the changes, which could impede succession planning, particularly in the agriculture and fishing sectors. …

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