April 23, 2015
To support the development of strong, competitive and sustainable music companies, the 2015 Ontario Budget announces the continuation of the Ontario Music Fund.
The Province established the Ontario Music Fund in 2013 as a three-year program. The Fund is aimed at strengthening Ontario’s music industry while advancing live music and creating opportunities for emerging artists. By supporting activities that contribute to a thriving music sector, the Fund helps position the province as a leading global destination to record and perform music. Support from the Fund’s first year has already helped to create or retain 2,000 jobs and produced $24 million in additional revenue for music-related businesses.
With the Music Fund now successfully in place and meeting the needs of Ontario’s music industry, the government is committing to the continuation of the $15 million per year Fund.