Business
Canadian commission suggests more gov’t money for mainstream media to fight ‘misinformation’

From LifeSiteNews
Foreign Interference Commission Justice Marie-Josée Hogue recommended in her final report on election interference that additional taxpayer money be pumped into legacy media outlets that are already receiving billions from the government to make sure news is ‘trustworthy and of good quality.’
The Foreign Interference Commission in one of its many recommendations suggested that the Canadian government hand out millions of additional dollars to legacy media outlets for combating supposed “misinformation and disinformation.”
The suggestion to pump up legacy media with more taxpayer money was made by Foreign Interference Commission Justice Marie-Josée Hogue in her final report on election interference that was released last week. It was one of 51 recommendations from her investigation into election meddling in Canada’s 2019 and 2021 federal elections.
Hogue’s 44th recommendation reads that the federal government, which already spends billions to support legacy media, “should pursue discussions with media organizations and the public around modernizing media funding and economic models to support professional media, including local and foreign language media, while preserving media independence and neutrality.”
According to Houge, “Traditional journalism is struggling,” and because of this “Media organizations are facing financial challenges as citizens turn away from mainstream media, and towards social media or non-traditional platforms that may, for a variety of reasons, be more susceptible to misinformation and disinformation.”
Houge noted that she was on board with a Department of Canadian Heritage witness who testified at a commission hearing that Canadian media should be supported to make sure news is “trustworthy and of good quality.”
“I share their concern about Canada’s professional media. Canada must have a press that is strong and free,” Hogue said.
“It is crucial to have credible and reliable sources of information to counterbalance misinformation and disinformation,” she added.
As reported by LifeSiteNews, the final report from the Foreign Interference Commission concluded that operatives from the Chinese Communist Party (CCP) may have had a hand in helping to elect a handful of MPs in the 2019 and 2021 Canadian federal elections.
Hogue urged in her January 28 final report that Canada “remain vigilant because the threat of foreign interference is real,” but stopped short of saying CCP interference was influential enough to tilt the outcomes of the elections.
When it comes to legacy media in Canada, the government of Prime Minister Justin Trudeau announced that it will spend millions more propping up the mostly state-funded Canadian Broadcasting Corporation (CBC).
This extra funding comes despite the fact the Department of Canadian Heritage has admitted payouts to the CBC are not sufficient to keep legacy media outlets running.
There have been many cases where the CBC has appeared to push ideological content, including the creation of pro-LGBT material for kids, tacitly endorsing the gender mutilation of children, promoting euthanasia, and even seeming to justify the burning of mostly Catholic churches throughout the country.
Furthermore, in October, Canadian Heritage Minister Pascale St-Onge’s department admitted that federally funded media outlets buy “social cohesion.”
2025 Federal Election
Next federal government should end corporate welfare for forced EV transition

From the Fraser Institute
By Tegan Hill and Jake Fuss
Corporate welfare simply shifts jobs and investment away from other firms and industries—which are more productive, as they don’t require government funding to be economically viable—to the governments’ preferred industries and firms, circumventing the preferences of consumers and investors. And since politicians spend other people’s money, they have little incentive to be careful investors.
General Motors recently announced the temporary closure of its electric vehicle (EV) manufacturing plant in Ontario, laying off 500 people because its new EV isn’t selling. The plant will shut down for six months despite hundreds of millions in government subsides financed by taxpayers. This is just one more example of corporate welfare—when governments subsidize favoured industries and companies—and it’s time for the provinces and the next federal government to eliminate it.
Between the federal government and Ontario government, GM received about $500 million to help fund its EV transition. But this is just one example of corporate welfare in the auto sector. Stellantis and Volkswagen will receive about $28 billion in government subsidies while Honda is promised $5 billion.
More broadly, from 2007 to 2019, the last pre-COVID year of data, the federal government spent an estimated $84.6 billion (adjusted for inflation) on corporate welfare while provincial and local governments spent another $302.9 billion. And crucially, these numbers exclude other forms of government support such as loan guarantees, direct investments and regulatory privileges, so the actual cost of corporate welfare during this period was much higher.
Of course, politicians claim that corporate welfare benefits workers. Yet according to a significant body of research, corporate welfare fails to generate widespread economic benefit. Think of it this way—if the businesses that received subsidies were viable to begin with, they wouldn’t need government support. So unprofitable companies are kept in business through governments’ support, which can prevent resources, including investment and workers, from moving to profitable companies, hurting overall economic growth.
Put differently, rather than fuelling economic growth, corporate welfare simply shifts jobs and investment away from other firms and industries—which are more productive, as they don’t require government funding to be economically viable—to the governments’ preferred industries and firms, circumventing the preferences of consumers and investors. And since politicians spend other people’s money, they have little incentive to be careful investors.
Governments also must impose higher tax rates on everyone else to pay for corporate welfare. In turn, higher tax rates discourage entrepreneurship and business investment—again, which fuels economic growth. And the higher the tax rates, the more economic activity they discourage.
GM’s EV plant shut down once again proves that when governments try to engineer the economy with corporate welfare, workers will ultimately lose. It’s time for the provinces and the next federal government—whoever it may be—to finally put an end to this costly and ineffective policy approach.
Business
Hudson’s Bay Bid Raises Red Flags Over Foreign Influence

From the Frontier Centre for Public Policy
A billionaire’s retail ambition might also serve Beijing’s global influence strategy. Canada must look beyond the storefront
When B.C. billionaire Weihong Liu publicly declared interest in acquiring Hudson’s Bay stores, it wasn’t just a retail story—it was a signal flare in an era where foreign investment increasingly doubles as geopolitical strategy.
The Hudson’s Bay Company, founded in 1670, remains an enduring symbol of Canadian heritage. While its commercial relevance has waned in recent years, its brand is deeply etched into the national identity. That’s precisely why any potential acquisition, particularly by an investor with strong ties to the People’s Republic of China (PRC), deserves thoughtful, measured scrutiny.
Liu, a prominent figure in Vancouver’s Chinese-Canadian business community, announced her interest in acquiring several Hudson’s Bay stores on Chinese social media platform Xiaohongshu (RedNote), expressing a desire to “make the Bay great again.” Though revitalizing a Canadian retail icon may seem commendable, the timing and context of this bid suggest a broader strategic positioning—one that aligns with the People’s Republic of China’s increasingly nuanced approach to economic diplomacy, especially in countries like Canada that sit at the crossroads of American and Chinese spheres of influence.
This fits a familiar pattern. In recent years, we’ve seen examples of Chinese corporate involvement in Canadian cultural and commercial institutions, such as Huawei’s past sponsorship of Hockey Night in Canada. Even as national security concerns were raised by allies and intelligence agencies, Huawei’s logo remained a visible presence during one of the country’s most cherished broadcasts. These engagements, though often framed as commercially justified, serve another purpose: to normalize Chinese brand and state-linked presence within the fabric of Canadian identity and daily life.
What we may be witnessing is part of a broader PRC strategy to deepen economic and cultural ties with Canada at a time when U.S.-China relations remain strained. As American tariffs on Canadian goods—particularly in aluminum, lumber and dairy—have tested cross-border loyalties, Beijing has positioned itself as an alternative economic partner. Investments into cultural and heritage-linked assets like Hudson’s Bay could be seen as a symbolic extension of this effort to draw Canada further into its orbit of influence, subtly decoupling the country from the gravitational pull of its traditional allies.
From my perspective, as a professional with experience in threat finance, economic subversion and political leveraging, this does not necessarily imply nefarious intent in each case. However, it does demand a conscious awareness of how soft power is exercised through commercial influence, particularly by state-aligned actors. As I continue my research in international business law, I see how investment vehicles, trade deals and brand acquisitions can function as instruments of foreign policy—tools for shaping narratives, building alliances and shifting influence over time.
Canada must neither overreact nor overlook these developments. Open markets and cultural exchange are vital to our prosperity and pluralism. But so too is the responsibility to preserve our sovereignty—not only in the physical sense, but in the cultural and institutional dimensions that shape our national identity.
Strategic investment review processes, cultural asset protections and greater transparency around foreign corporate ownership can help strike this balance. We should be cautious not to allow historically Canadian institutions to become conduits, however unintentionally, for geopolitical leverage.
In a world where power is increasingly exercised through influence rather than force, safeguarding our heritage means understanding who is buying—and why.
Scott McGregor is the managing partner and CEO of Close Hold Intelligence Consulting.
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