Howdy!
In 04/05 there were seven magazines about the visual arts published in Quebec which got help from the Conseil des Arts et Lettres. Average operating revenue was $263,176. Average public aid received $163,764. Average operating expenses $264,379. Or an average loss of $1,203. My guess is that if you remove Parachute from the equation, the Vie des Arts, Esse, CV, Espace Sculpture, Inter Art Actuel, Art Le Sabord, and ETC Montreal all get to survive. And while I'm at it, there is also Parcours, and Magazin'Art, both of which receive no government funding.
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