Time is running out for publishers interested in applying for the Business Innovation for print magazines sub-component of the Canada Periodical Fund (CPF). Funding for the 2011/2012 government fiscal year (April 2011 to March 2012) provides financial support to print magazines of eligible small and mid-sized publishing firms for innovative projects meeting the CPF’s and Business Innovation objectives.

Canadian Heritage has announced that it is implementing a new funding formula for the Canada Periodical Fund (CPF) starting in the current fiscal year, 2011-2012. Grant money provided under the Aid to Publishers (ATP) component of CPF will be distributed based on success in reaching readers, not on postal or editorial costs, as was the case with its predecessor, the Publications Assistance Program.

Newspapers Canada met with representatives from Canadian Heritage last week to discuss the Aid to Publishers component of the Canada Periodical Fund. Within the next two weeks, newspapers will receive a letter notifying them on the status on their application. Eligible newspapers can expect a cheque for the first instalment, representing 80% of total funding, in the weeks to follow.

Publishers who applied for the Aid to Publishers component of the Canadian Periodical Fund (CPF) for the 2011/2012 fiscal year may receive a letter announcing the funding decision sometime in August or early September.

Canadian Heritage is currently processing applications for the Aid to Publishers component of the Canada Periodical Fund.

Newspapers Canada has received clarification from Canadian Heritage on the status of payments for the Aid to Publishers component of the Canada Periodical Fund (CPF).

Scott Shortliffe is leaving his position as director of periodical publishing policy and programs at Canadian Heritage for a promotion to deputy director general, broadcasting and digital communication.

Are you confused about the deadline for the Aid to Publishers Grant? Do you need more information about the Business Innovation component of the CPF? CCNA Director of Government Affairs Eileen Barak answers some of your questions regarding CPF programs.

Funding provided through the Canada Periodical Fund (CPF) continues to be distributed to non-daily newspapers and magazine publications across Canada. Last week the Government of Canada announced the latest round of recipients including CCNA members The Haliburton Country Echo, The Watrous Manitou as well as eight southern Alberta publications.