In Canada: Canada Music Fund to Receive $67M Boost; Women in Music Executive Award Winners Share Their Wisdom
Categoria: Musica
Also this week: Sean Paul appears on the first episode of Billboard Canada News.
Por Billboard | 14/11/2026
The Canada Music Fund is getting a new boost from the federal government. At last night’s ADISQ Gala in Montreal (Nov. 8), the Minister of Canadian Identity and Culture, Marc Miller, announced that the federal government will invest $67 million to the Canada Music Fund, as part of the government’s promised $600 million investment into the cultural sector. The sum was first announced in June to provide “immediate relief” to the country’s audio and audiovisual sector and confirmed for 2026-27 in the latest federal budget , which was tabled last week. Over the weekend, Ottawa gave a long-awaited breakdown of how the funds will be allocated. Related Canadian Government Introduces Canada Creative Credit to Support ‘Artistic Production’ CL Signs With THEBLACKLABEL, Reuniting With Longtime Producer Teddy For 'Full Circle' Moment Severe Weather, Radius Clauses and Finding the Next Generation of Festival Headliners: 'It's a Year-by-Year Fight to Stay Alive' The music sector will receive its share of the relief investment through the Canada Music Fund, which was renewed through 2028 last year . The $67 million sum will be distributed to the five organizations that the fund supports, with FACTOR (Foundation Assisting Canadian Talent on Recordings) receiving $31.5 million, Musicaction (which funds and supports Francophone music and music companies) receiving $21 million, the Canadian Starmaker Fund receiving $5.7 million, the RadioStar fund receiving $3.8 million and the Indigenous Music Office (IMO) receiving $5 million. Last November, the IMO released a new national report outlining ways in which the federal government could help Indigenous artists and their music connect with bigger audiences, notably through increased discoverability on streaming platforms. Each of the funds will help support and foster emerging Canadian acts and help them compete on the world stage. “Canada’s cultural sovereignty depends on our willingness to invest in our own voices,” says Meg Symsyk, president and CEO of FACTOR. “We have extraordinary talent in this country. Our responsibility is to give that talent the opportunity to be heard, to build lasting careers and to reach audiences here at home and around the world. This investment in the Canada Music Fund backs Canadian artists and the independent businesses that help bring their music to life. We thank Prime Minister Carney, Minister Champagne, Minister Miller and the Government of Canada for recognizing that investing in Canadian music is an investment in who we are.” FACTOR, along with the Indigenous Music Office, CIMA, ADISQ, Bell Media, Spotify and more all participated in CRTC public hearings last year to discuss how to support Canadian Content. Now, FACTOR welcomes the government’s investment and highlights how it will support the Canadian music sector. “Behind every dollar invested in Canadian music are artists taking the next step in the