Canadian Government Earmarks Nearly $1.9 Billion for Culture and the Arts in New Budget
In the newly released Federal Budget 2016, Canada’s Liberal government, helmed by the newly elected Prime Minister Justin Trudeau, aims to invest nearly $1.9 billion ($1.4B USD) over a five-year period in various cultural industries.
"Our cultural industries represent a key sector of our economy and the intersection of art, science and technology offers infinite opportunities to innovate and problem solve," the report reads. "Investing in the Canadian cultural sector helps to create jobs, strengthens the economy and ensures that the unique Canadian perspective is shared with the world."
Top-line cultural items in the budget, enumerated in a section on arts investment that wasn't part of the 2015 budget, include $675 million to the Canadian Broadcasting Corporation/Radio-Canada; $550 million to the Canada Council for the Arts, the organization responsible for issuing grants and services to artists and arts organizations; $22 million to Telefilm Canada, and $13.5 million for the National Film Board of Canada. An additional $114.9 million has been pledged to the National Arts Centre for its first two years, 2016-2018.
Thirty-five million dollars is being earmarked over two years for showcasing Canada’s cultural industries to the world.
"Finally, as we move closer to the 150th anniversary of Confederation in 2017, the Government will work with its partners to ensure that all Canadians will have the opportunity to participate in local, regional, national and international celebrations," the document reads.