CIMA 2017 Federal Pre-Budget Submission to Standing Committee on Finance
July 31, 2017 – CIMA filed a pre-budget submission with the House Standing Committee on Finance as part of the consultation process for the next federal budget.
CIMA recommends the following:
1. Increase the Canada Music Fund by up to $8 million, with annualized staged increases over the next five years.
2. Establish an annual $10 million Music Export Fund for Canadian-‐owned music companies and their artists, using funding available from the Budget 2016 investment “Showcasing Canadian Talent to the World”. Ensure funding is available annually for the Music Export Fund in fiscal 2018-‐2019 and beyond.
3. Increase annual funding to CIMA’s Music Export Canada international trade programming to $1.5 million per year.