The Ontario government has granted Drake 300,000 Canadian dollars for his annual OVO Fest, to be held later in the summer.
According to Rolling Stone, the rapper received the money -- approximately $268,000 in U.S. currency -- from Ontario's Ministry of Tourism, Culture and Sport.
Global News notes that the funding comes primarily from taxpayers' money. The grants are designed to promote activities and services that will help local tourism and thereby increase spending of those tourists. The TD Toronto Jazz Festival and Field Trip are other fests that benefit from this funding in Ontario.
OVO Fest, in its fifth year, will be held at the Molson Canadian Amphitheatre. Drake and Outkast are the only acts currently announced.
Both one- and two-day passes are available for the fest, which will be held Aug. 3-4.