Canada creates $20m fund for commercial live music sector
For-profit live music companies in Canada now have access to a CA$20m support fund, in what CLMA calls a “historic recognition” of the commercial live music sector
News By IQ | 8 July 2020
The Canadian government today (8 July) announced that organisations operating in the for-profit live music industry can gain access to a CA$20m (€13m) Covid-19 support fund.
The funding, the first sector-specific support to be granted to the commercial music sector in Canada, comes in the second phase of distributions from a CA$500 million (€326m) emergency support fund for cultural, heritage and sport organisations that have been negatively impacted by the Covid-19 pandemic.
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The second wave of funding distributions will see…