This year, 123 recipients will receive more than $14 million in grants from the Ontario Music Fund.
Premier Kathleen Wynne announced the grants today at Coalition Music in Toronto, one of the companies that received support through the Ontario Music Fund last year. The fund provides grants to music businesses -- large and small -- that produce, distribute and promote Ontario-based music and artists. This support is helping create a business environment where Ontario's talented artists from diverse musical genres and backgrounds can grow and thrive, while helping the industry become even more competitive internationally.
Support from the first year of the Ontario Music Fund has already helped create or retain 2,000 jobs and produced $24 million in additional revenue for music-related businesses.
Investing in Ontario's music industry supports the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
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