Canada Periodical Fund
The Canada Periodical Fund (CPF) provides financial assistance to Canadian magazines, non-daily newspapers and digital periodicals to enable them to overcome market disadvantages and continue to provide Canadian readers with the content they choose to read. The CPF has three components: Aid to Publishers, Business Innovation, and Collective Initiatives.
1) Aid to Publishers provides funding to eligible Canadian print magazines and non-daily newspapers calculated using a formula based on eligible copies sold or circulated by verified request over a 12-month period. Publishers are able to use funding to support the creation of content, production, distribution, online activities, or business development.
2) Business Innovation: offers support for projects to eligible small and mid-sized printed magazine and digital periodical publishers.
3) Collective Initiatives: funds projects for organizations designed to increase the overall sustainability of the Canadian magazine and non-daily newspaper industries.
2010-2011 was the first year of the CPF, which replaced the Publications Assistance Program (PAP) and the Canada Magazine Fund (CMF). Here are some of the main differences between the CPF and the programs it is replacing:
- The Aid to Publishers (ATP) funding formula for 2010-2011 has been completed. The ATP Applicant’s Guide is for the 2011-2012 fiscal year.
- The CPF will give priority to arts and literary publications in the management of the Business Innovation component over the next few years. There is no longer a separate component dedicated to arts and literary magazines.