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Liberals expand payroll tax credit for news publishing in fall economic update

A federal program allowing news publishers to claim a tax credit for portion of journalists’ salaries is set to increase, the Liberal government announced Tuesday.

The government’s fall economic statement announced an increase to the Canadian Journalism Tax Credit, a refundable tax credit allowing qualifying news outlets to claim up to 35 per cent of up to $85,000 in salary for a qualified employee.

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