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Canada Pledges $15M In Funding To Create Greater Opportunities For Musicians
The Canadian government has revealed its 2019 federal budget, and the news for musicians is good. Canada has pledged $20 million Canadian (approximately $15 million U.S. dollars) to the Canadian Music Fund over two years.
"With the growing importance of digital media today, Canadian artists—especially musicians and music entrepreneurs (e.g., producers, agents)—now face the challenge of marketing their content internationally and across all platforms, while also putting a greater emphasis on touring and live performances," the budget report says.
The additional funding brings the Government of Canada 's total support of the Canadian music industry to $40.7 million Canadian (over $30 million U.S. dollars). Canadian music organizations such as the Canadian Independent Music Association (CIMA) and anadian Live Music Association (CLMA).
"For musical artists," the report continues, "these investments will create greater opportunities to innovate and experiment on a wider range of digital and non-digital platforms. This, combined with enhanced support for promotion—including more touring and more modern marketing approaches—will ensure that Canadian music reaches more audiences at home and abroad."