TORONTO, ONTARIO--(Marketwired - Aug. 26, 2014) - Canadian Heritage
The Canadian Independent Music Association (CIMA), Arts & Crafts Productions and Last Gang Records will receive more than $1.3 million in support from the Canada Music Fund (CMF).
The Honourable Shelly Glover, Minister of Canadian Heritage and Official Languages, made the announcement today before a roundtable discussion with representatives from the Canadian music industry.
This funding will help foster a strong Canadian music industry, ensuring the production and promotion of diverse Canadian music by new, emerging and established Canadian artists.
- Funding for the organizations ($550,000 for Arts & Crafts Productions, $445,000 for CIMA and $374,790 for Last Gang Records) is being provided through the Music Entrepreneur component of the Canada Music Fund for the 2014-2015 fiscal year.
- The Canadian music industry generates nearly $3 billion every year in economic activity from sound recordings, concerts, commercial radio and performing rights.
- The Canada Music Fund aims to give Canadians and the rest of the world better access to diverse Canadian music and provide Canada's music industry with the tools to excel at home and abroad. In an average year, the CMF helps support more than 400 album production projects and 1,100 marketing, touring and showcasing initiatives. In 2014-2015, the CMF's budget is $24.6 million.
- In Budget 2014, the Government made the Canada Music Fund permanent.
"Our Government has cemented our support for the music industry by making the Canada Music Fund permanent. This sector, which generates nearly $3 billion every year in economic activity, puts Canadian music in the spotlight here at home and around the world. We are proud to support the many smart, talented and creative people working in the industry."
-The Honourable Shelly Glover, Minister of Canadian Heritage and Official Languages
"Arts & Crafts and its artists are incredibly grateful to the Government of Canada for its continued support of arts and culture-music in particular. We are focused and committed to the development and promotion of great Canadian musicians globally, and this support is instrumental to our success."
-Jeffrey Remedios, Arts & Crafts Productions
"The Canadian Independent Music Association is grateful for the financial contributions made by the Government of Canada through the Canada Music Fund. This fund makes it possible for CIMA to offer the critical business support programs and export initiatives that its 230 members can leverage into building and strengthening the Canadian music industry, both at home and abroad."
-Stuart Johnston, President, Canadian Independent Music Association
"Last Gang Records would like to thank the Government of Canada for its continued support. While this funding helps our 'all-star' acts such as Chromeo, Metric, Death From Above 1979, Crystal Castles and New Pornographers, it is also instrumental in our efforts to introduce new Canadian talent, such as Ryan Hemsworth, Operators and Electric Youth, to the world."
-Chris Taylor, CEO and Chairman, Last Gang Records
Canada Music Fund
Arts & Crafts Productions
Canadian Independent Music Association
Last Gang Records
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