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The Canada Music Fund Gets A Boost
The Government of Canada has increased the Canada Music Fund by $32 million over the next two years.
Press Release from the Government of Canada:
"...the Honourable Pascale St-Onge, Minister of Canadian Heritage, announced a renewal and boost of support for the Canada Music Fund to help the Canadian music sector and continue to support the success of a range of Canadian artists at home and abroad.
The Government of Canada will deliver $32 million over the next two years (2024–25 and 2025–26) to keep supporting initiatives that enhance the careers of Canadian artists, while strengthening the competitiveness and stability of the Canadian music sector.
As with all Canada Music Fund contributions, this investment will be administered by the Foundation Assisting Canadian Talent on Recordings (FACTOR) for the Anglophone market and the Fondation Musicaction (Musicaction) for the Francophone market."
Read the full press release here.
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