In the newly released Federal Budget 2016, Canada’s Liberal government, helmed by the newly elected Prime Minister Justin Trudeau, aims to invest nearly $1.9 billion ($1.4B USD) over a five-year period in various cultural industries.
"Our cultural industries represent a key sector of our economy and the intersection of art, science and technology offers infinite opportunities to innovate and problem solve," the report reads. "Investing in the Canadian cultural sector helps to create jobs, strengthens the economy and ensures that the unique Canadian perspective is shared with the world."
http://www.billboard.com/articles/business/7272514/canadian-government-budget-arts-culture-1-9-billion
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