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Stop the presses

Quebec fund aids journalism group with scholarships

The manager of Quebec's public pension assets is supporting the province's budding journalists.

Caisse de Depot et Placement du Quebec, Montreal, and the Professional Federation of Quebec Journalists, a provincial trade organization, have created the CDPQ Fund for Journalistic Succession, according to a joint news release. The fund, to be administered by the federation, will provide C$10,000 ($7,550) each to 10 young journalists or journalism students each year to pay for a three- to four-month internship with a Quebec media outlet. CDPQ will also provide C$5,000 annually to the federation for fund administration costs.

The CDPQ agreement with the federation is for three years, with a possible three-year extension, a CDPQ spokesman said.

At least one award each year will be given to a young journalist from rural Quebec, one to a candidate who wants to work at an English-language media outlet, and at least one to work at a qualified new media or alternative media outlet.

"It is important to support the work of information professionals, who play an essential role in a democratic society," said Michele Boisvert, CDPQ executive vice president, business outreach, in the news release. Prior to joining CDPQ, Ms. Boisvert was a journalist for more than 25 years.

Information is posted on the federation's website.

CDPQ managed C$308.3 billion in Quebec public pension and insurance assets as of June 30.