The Canada Media Fund unites the Canadian Television Fund, Canada New Media Fund, and the Aboriginal Television Fund. The total is $134.7 million annually over 2 years.

Evening the Playing Field

The new funding is intended to even the playing field between the publicly funded CBC, and its privately run competition by eliminating $112 million in funding set aside for CBC funding. The fund is set up to encourage more creativity amongst Canadian broadcasters, and make content more widely available across more Canadian platforms.