The ownership of Canadian mass media is characterized by a very healthy diversification, with over 27 major corporations providing content across the various platforms currently studied by media theorists.

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The statement is not true. According to a 2020 report by Canada's media watchdog, the Canadian media industry is highly concentrated, with a small number of large conglomerates owning most of the major media outlets. For example, the three largest media companies, Bell, Rogers and Corus, control the majority of the country's television and radio stations.

The Ownership of Canadian Mass Media Is Characterized by a Very