This report discusses how to save local news in Canada, and how to best adapt the Australian model of negotiated compensation between Google/Meta and the news industry.

This five-year anniversary report does not attempt to boil the media ocean. It focuses on two matters at hand:

1. How to add greater ambition and impact to the reasonably successful Local Journalism Initiative, including attracting philanthropic support and creating an independent structure that could be used to support the likes of Black, Indigenous and People of Colour journalists and news media innovators.
2. How to adapt for Canada the promised importation of the Australian model of payment for news by platform distributors, including the erection of guardrails to ensure global giants like Meta (Facebook) and Google do not, in the process, gain influence over journalistic organizations.