COMM 1101 Lecture Notes - Lecture 4: Heritage Canada, Active Citizenship, Gfk Entertainment Charts
Document Summary
The media control a large majority of your society and the way we receive news. Who controls media also has a say over what is reported and shown to the public. Economics: finding a way to best manage resources. Investment canada act: o o o o. Limits to who can invest in canadian companies. This applies to cultural investments of million or more: administered by heritage canada o. Strengthening connections between canadians: also applies to transfer of firm between two foreign owners o. Test is considered to be biased against foreign ownership. 80% of the members of the board of director"s are individual canadians. Canadian own, directly or indirectly, 80% of the entity"s voting interests. In 2012 government allowed smaller companies to have a larger percentage of foreign ownership: applies to cell phone, internet, and television companies. The canadian broadcasting system shall be owned and controlled by canadians. The 2012 amendment of telecommunications act does not apply to broadcasters.