Canadian Heritage

Canadian Heritage

May 19, 2009 09:05 ET

Encouraging Private Donations: Government of Canada Matches Funds to Symphony New Brunswick

SAINT JOHN, NEW BRUNSWICK--(Marketwire - May 19, 2009) - On behalf of the Honourable James Moore, Minister of Canadian Heritage and Official Languages, Rodney Weston, Member of Parliament (Saint John), today announced that the Government will match private-sector donations for Symphony New Brunswick, an arts organization in the province.

"This organization has a loyal following here in New Brunswick," said Minister Moore. "Our Government is matching this local support to encourage further donations and ensure that they continue to enrich our lives for many years to come."

"As the only true symphony orchestra in the province, Symphony New Brunswick can be proud to contribute to the rich culture and the economic prosperity of our region," said Mr. Weston. "Thanks to the magnificent concerts and educational programs it offers, this organization contributes to the quality of life of our residents, while supporting many jobs, both directly and indirectly."

Symphony New Brunswick will receive funding of $27,851. This is in addition to the amount provided by private-sector donors to the organization's endowment fund.

The funding has been provided through the Endowment Incentives component of the Canadian Arts and Heritage Sustainability Program. This year, the Government of Canada is providing 72 cents for every dollar donated by the private sector. Since 2006, this program has provided more than $44 million to various endowment funds, while the private sector has provided $72 million, for a total of more than $116 million.

This initiative complements other measures taken by our Government to encourage private-sector participation in arts funding, such as the tax exemptions on capital gains for donations of publicly traded securities to registered charities announced in the 2006 and 2007 budgets.

The Canadian Arts and Heritage Sustainability Program aims to encourage modern management and greater financial stability in arts and heritage organizations. The program's Endowment Incentives component provides funding to match donations from the private sector.

For more information about this program or the recipient organization, visit the following websites:

- Canadian Arts and Heritage Sustainability Program: www.pch.gc.ca/pgm/pcapc-cahsp/103-eng.cfm

- Symphony New Brunswick: www.symphonynb.com/symphonynb

(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 Official Languages
    Deirdra McCracken
    Director of Communications
    819-997-7788
    deirdra.mccracken@pch.gc.ca
    or
    Canadian Heritage
    Media Relations
    819-994-9101
    1-866-569-6155