Canadian Heritage

Canadian Heritage

May 31, 2006 20:22 ET

Canada's New Government Supports Innovation, Growth and Success in Canada's Cultural Community

OTTAWA, ONTARIO--(CCNMatthews - May 31, 2006) - Yesterday, the Government of Canada did not support the Liberal opposition motion, given the stagnation it implies. Canada's new Government is committed to the arts and cultural community by developing new and innovative policies that will guarantee success for our artists and cultural workers.

"This Motion would have denied the government the freedom to innovate and develop new policies to take Canada's cultural community to new levels of success," said Beverley J. Oda, Minister of Canadian Heritage and Status of Women. "Our Government is committed to our cultural community by developing policies that will address the new realities that they face."

The recent Budget shows our Government's commitment the arts and culture with the investment of $50 million dollars to the Canada Council for the Arts. The money will enable the Council to support more Canadian artists in a variety of fields. The Government also made a significant change to tax laws. Donations of publicly traded stocks and shares will no longer be subject to capital gains tax. This move is estimated to support about some $300 million annually in donations to the non-profit sector.

"I have been informed that significant amounts have already been donated as result of this tax law changes," said Minister Oda. "It is a truly impressive example of how government policy can leverage real benefits for Canada's cultural community. This is the sort of policy move this Motion does not encourage."

The Government of Canada is committed to further innovative programs that will ensure Canada's cultural community can grow and reach heights not possible under the old policy framework. Currently, the Government provides more than $2.3 billion per year for arts and culture through the Department of Canadian Heritage and its portfolio agencies, as well as through a series of tax-related measures. The current annual budget for the Canada Council is approximately $150 million.

(This news release is available on the Internet at www.canadianheritage.gc.ca under Media Room.)

Contact Information

  • Office of the Minister of Canadian Heritage
    and Status of Women
    Robert Paterson, Director of Communications
    (819) 997-7788