Study: Canada’s policy on foreign control in the book industry is ineffective

On the occasion of its 2018 Annual General Meeting, today the Association of Canadian Publishers (ACP) released Net Benefit: Canada’s Policy on Foreign Investment in the Book Industry. This longitudinal study commissioned by the association’s membership in 2017, was sparked by renewed public discussion in 2017 around the sale of McClelland and Stewart to Random House. Cultural policy consultant Roy MacSkimming examines the implementation of the Revised Foreign Investment Policy in Book Publishing and Distribution (1992) by successive governments over the past 25 years. His report shows broad disparities and inconsistencies in the policy’s implementation.

Download the press release.