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April 12, 2010
The Government of Canada Announces Results of Investment Canada Act Review of Amazon
OTTAWA, April 12, 2010 - The Honourable James Moore, Minister of Canadian Heritage and Official Languages, today announced that Amazon has been granted approval under the Investment Canada Act to establish a fulfilment centre in Canada for Amazon.ca operations. "Our Government is committed to strengthening Canada's economy through all its sectors, especially arts and culture," said Minister Moore. "Amazon has shown its willingness to promote Canadian cultural products, and we are pleased it is continuing to demonstrate this through this new investment." This decision is based on commitments made by Amazon, which include: - new jobs for Canadians and improved service for Canadian consumers;
- increased visibility for Canadian books on the Amazon.ca Web page;
- an investment of over $20 million, including $1.5 million in cultural events and awards in Canada and the promotion of Canadian-authored books internationally;
- increased availability of French-language Canadian cultural products;
- the establishment of dedicated staff to assist Canadian publishers and other suppliers of cultural products;
- making more Canadian content available on the Kindle e-reader; and
- creating a summer internship program for Canadian post-secondary students.
On January 27, 2010, the Government of Canada ordered a review to determine if the investment by Amazon.com would be of net benefit to Canada. Under the Investment Canada Act, all reviews and approvals of investments in the cultural sector are the responsibility of the Minister of Canadian Heritage.
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