Canadian Journalism Labour Tax Credit 2024: Higher Annual Labour Cost Limit Increased to $85,000 per Employee

Canadian Journalism Labour Tax Credit 2024

The Canadian government’s 2024 budget has introduced critical amendments to the Canadian Journalism Labour Tax Credit (CJLTC), aiming to create a fairer and more sustainable media environment. This initiative seeks to acknowledge and support the work of journalists while strengthening the financial stability of media organizations. One of the most significant changes is the substantial … Read more

Canadian Journalism Labour Tax Credit 2024: Employee Labour Cost Limit Raised to $85,000

Canadian Journalism Labour Tax Credit 2024

In the 2024 budget, Canada has introduced important revisions to support the media sector, with a focus on acknowledging and aiding journalists. The Canadian Journalism Labour Tax Credit (CJLTC) is a key initiative aimed at providing financial relief to journalists and media organizations, reinforcing the country’s media landscape. A significant amendment in 2024 has been … Read more