Facebook to invest an additional $8 million in Canadian journalism

TORONTO – Social media giant Facebook today said it will expand its Facebook-Canadian Press News Fellowship with an additional $8 million investment. Last June Facebook and CP announced the fellowship with initial funding of $1 million. The new money will be contributed over the next three years “to help support the sustainability of the news industry in Canada,” reads the company blog post. Since the June 2020 announcement, CP has created roles for 10 emerging journalists (including, for example, Nunavut’s Emma Tranter, the first CP correspondent based in the far north in 35 years). The one-year fellowships are bringing stories...