How we avoid and manage conflicts of interest:

To prevent conflicts of interest and to ensure our editorial independence, The Logic keeps its newsroom operations separate from its business operations. For example, editorial staff aren’t included in discussions about prospective sponsorships, and employees who work on the business side aren’t included in discussions about upcoming stories. 

 

While The Logic does accept some investments, sponsorships and grants from individuals and organizations, we don’t make editorial decisions based on whether it will secure us such funding. Accepting an investment, sponsorship or grant doesn’t mean we endorse the person or organization behind it, nor does it exempt them from our journalistic scrutiny. You can read more about our policies on advertising, sponsorships and partnerships here.

 

Our journalists are forbidden from using their positions, and any confidential information of which they become aware in the course of doing their jobs, for any business or personal advantage not available to the general public.

 

Our journalists may not solicit or accept gifts or favours of more than nominal value from any person or organization that might have an interest in The Logic’s coverage. If they receive an unsolicited gift, they are expected to notify their editor and to return it—or if that’s not possible, to donate it to an appropriate charity. When meeting sources, our journalists should pay their own way whenever practical.

 

The Logic’s journalists don’t report on companies or subjects in which they have a financial or other strong personal interest. Where there are potential conflicts of interest—or the appearance of them—our journalists are expected to proactively disclose them to their editors so they can be avoided or mitigated. 

 

Recusals:

To avoid conflicts of interest, we may recuse members of The Logic’s newsroom from working on coverage of particular stories, companies or issues. We take this step in instances where, for example, a financial interest or a family connection could give a good-faith observer reason to mistrust our reporting or its impartiality.

 

As CEO and editor-in-chief, David Skok is the head of both The Logic’s editorial and revenue-generating divisions. To safeguard any concerns about the independence of The Logic‘s newsroom, Skok is excluded from involvement in the newsroom’s coverage of certain files. On these matters he does not contribute to the newsroom’s reporting, does not edit the stories, does not talk to the assigned reporters and editors about the stories, and does not read the stories prior to their publication.

 

The coverage areas from which Skok is recused include:

• The Logic Inc. and its investors
• Heritage Canada
• the Online News Act (C-18)
• Online Streaming Act (C-11)
• business relationships between publishers and AI companies
• the Canadian Broadcasting Corporation

 

Board of directors:

Irfhan Rawji, Board Chair

Alexandra Calinikos, Director

Rick Ekstein, Director

Andrew MacLeod, Director

David Skok, Director

 

Investors:

The five largest shareholders by voting percentage hold 80.21 per cent of all shares in the company. They are:

• 1000166142 Ontario Inc. (David Skok, Director)
• Financial Times Holdings Ltd.
• Postmedia Network Inc.
• Relay Ventures
• Four Cornerstones Capital Inc.

 

Investments from friends and family are not listed, though they may choose to publicly disclose their investment. 

 

Grants:

The Logic has received grants from the following organizations, none of which has any editorial influence:

• The Government of Canada (Canada Emergency Wage Subsidy, Canada Emergency Rent Subsidy, Special Measures for Journalism — Canada Periodical Fund)
• Facebook Journalism Project COVID-19 program (one-time grant of $5,000)
  
• Rideau Hall Foundation’s Covering Canada: Election 2025 Fund

 

The Logic is a member of News Media Canada.

The Logic has a professional media monitoring service contract with the Federal Public Service. 

The Logic is a Qualified Canadian Journalism Organization. Our designation number is Q8854796.

The Logic is a member of the Canadian Journalism Collective. To date, we have received $170,652.25 in licensing fees.

We acknowledge the financial support of the Government of Canada.