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Tag: CPTC
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Quantum Computing with Google’s Willow Chip
Read More: Quantum Computing with Google’s Willow ChipToday marks an exciting leap in the world of quantum computing with Google’s announcement of their Willow quantum chip. This cutting-edge innovation pushes the boundaries of what’s possible, advancing our understanding of quantum systems and opening new doors for technological growth. For those of us navigating industries driven by innovation and change, the implications are…
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Navigating the Future of Media Incentives in the USA
Read More: Navigating the Future of Media Incentives in the USARecent discussions on government efficiency, led by Elon Musk and Vivek Ramaswamy, have highlighted the potential for significant changes to federal funding structures. Their Wall Street Journal op-ed proposes cutting what they term “zombie programs”—federal initiatives operating without clear congressional authorization or alignment with current policy priorities. Among the programs mentioned as potential targets are…
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Government Funded Businesses Going Bankrupt?
Read More: Government Funded Businesses Going Bankrupt?Recent reports highlight the financial challenges faced by certain government-funded small businesses and non-profit organizations, with some ultimately ceasing operations. These instances underline the complexities and risks associated with funding and managing such entities. The situation offers an opportunity to evaluate funding strategies, oversight mechanisms, and the overall support framework provided to ensure long-term sustainability.…
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Canada’s Blueprint for AI Leadership: Fostering Innovation and Responsibility
Read More: Canada’s Blueprint for AI Leadership: Fostering Innovation and ResponsibilityCanada’s “Securing Canada’s AI Advantage” blueprint outlines a strategic approach to maintaining its leadership in artificial intelligence (AI). With a focus on innovation and economic growth, the plan builds on investments like the Pan-Canadian AI Strategy and the 2024 federal budget’s $2.4 billion commitment. It emphasizes developing talent, scaling AI-powered businesses, and advancing compute infrastructure.…
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Canadian Media Fund and Quebecor Fund Join Forces: $1M Investment to Propel Canadian Productions Worldwide
Read More: Canadian Media Fund and Quebecor Fund Join Forces: $1M Investment to Propel Canadian Productions WorldwideThe Canada Media Fund (CMF) has announced a significant investment of $978,360 in collaboration with the Quebecor Fund (QF) to support Canadian audiovisual content aimed at international markets. This funding will be allocated to eight projects and three production companies, enhancing the global reach of Canadian productions. Investment Breakdown: About the Partnership: The collaboration between…
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Canadian Journalism Labour Tax Credit (CJLC)
Read More: Canadian Journalism Labour Tax Credit (CJLC)The Canadian Journalism Labour Tax Credit (CJLC) is a refundable tax credit designed to support qualified Canadian journalism organizations (QCJOs) by offsetting labour costs for eligible newsroom employees. Recent legislative changes have enhanced this credit to provide greater financial assistance to the journalism sector. Key Updates: Eligibility Criteria: To benefit from the CJLC, an organization…
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Unions and Guilds Launch FAIR to Ensure Accountability in Film & TV Industry
Read More: Unions and Guilds Launch FAIR to Ensure Accountability in Film & TV IndustryKey Canadian film and TV unions and guilds have joined forces to form the Film & Television Alliance for Industry Responsibility (FAIR). This coalition, including ACTRA, DGC, IATSE, and others, aims to promote responsible use of taxpayer funds and advocate for producers to comply with collective agreements. FAIR is calling on Telefilm Canada to adopt…
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CMF – Changing Narratives Fund
Read More: CMF – Changing Narratives FundThe Canada Media Fund (CMF) has introduced the Changing Narratives Fund, a new initiative by the Department of Canadian Heritage aimed at supporting creators from diverse communities, including Indigenous, Black, racialized, ethno-religious minorities, persons with disabilities, and 2SLGBTQ+ individuals. The fund’s objectives are to: By enhancing the skill sets and networks of diverse creators, the…
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The National Post on Digital Advertising Tax
Read More: The National Post on Digital Advertising TaxThe National Post editorial board has highlighted a significant issue affecting Canadian media: the tax deductibility of advertising expenses directed to foreign digital platforms. Under current Canadian tax law, businesses can deduct advertising costs on foreign-owned digital platforms like Google and Facebook, which dominate the digital advertising market.This policy inadvertently incentivizes companies to allocate their…