This letter has come across my screen a few times over the past week or so and it seems like time to post it here. Thanks to the good people at BookOven for the reminder.
Earlier today, the Honourable James Moore, Minister of Canadian Heritage and Official Languages, announced a review of the Government of Canada’s foreign investment policy for the book industry.
The Revised Foreign Investment Policy in Book Publishing and Distribution, working in conjunction with the Investment Canada Act, sets conditions for foreign investment in the Canadian book industry. Given the changes the book industry has experienced since the policy was last revised in 1992, the review will seek to determine whether the policy continues:
to provide opportunity for healthy competition in the book publishing,
distribution, and retail sectors of the industry; and
to contribute to the broader government objective of ensuring that
Canadian cultural content is created and accessible in Canada and
The first step of the review process is to invite interested parties — from the reading public to businesses from all sectors of the industry — to put forward their views on the subject. A Web site has been launched that offers relevant background information and that provides a forum for public comment (www.pch.gc.ca/bookconsultation). Submissions received through the Web site will help inform the Minister’s decision on whether
and, if so, how to revise the policy.
Given your interest in the issues raised by this policy review, I am writing to you at this time to ensure that you are aware of the review and of your opportunity to participate in its online consultation phase, should you wish to do so.
Book Publishing Policy and Programs