Ontario Music Grant: Provincial Government Announces $45 Million In Music Funding

From The Huffington Post:

The Ontario Government is getting into the music business.

The province announced it’s providing $45 million in grants for music production through the newly-created Ontario Music Fund.

“Our proposed provincewide fund would support new digital and record production,” Provincial Minister of Finance Charles Sousa said in a statement issued earlier this morning. “It would encourage distribution of Canadian music and help establish Ontario’s production studios as global leaders in the business of master recordings. This would create more job opportunities for artists, and the vast music industry that promotes them.

The Ontario Music Grant would be a $45 million grant program spread over three years beginning in 2013-14 and would “help the industry innovate, invest and take advantage of opportunities in the global music marketplace, bringing more business to Ontario.”

Continue reading the rest of the story on The Huffington Post