Spread The Word About the Canada Music Fund (CMF)

Dec 20, 2023

The Liberal government made a promise to Canada’s music sector in the last federal election to increase the annual contribution to the Canada Music Fund to $50 million by 2024-2025.

That’s huge because the Canada Music Fund (CMF) is a key part of what funds FACTOR’s ground-breaking investments in Canadian artists and music companies. Last year alone FACTOR invested $21 million in the music sector. 6500 artists have had support through FACTOR in the last five years.

But FACTOR is running out of money and can’t keep up with the growing demands for its programming. The other part of FACTOR’s annual budget comes from contributions from private radio broadcasters and those contributions are falling fast. For example, in 2020, FACTOR received $16 million in radio contributions. In 2024 those contributions could be as low as $2 million. This is why the CMF increase is so crucial. But look, that $50 million would only ensure that existing programming continues and is insufficient to create new live programming, especially for the live sector. That’s why most music associations across the country have called for an increase to $60 million.

So if the Liberals do not make good even on their $50 million promise to our sector, FACTOR’s budget could be cut in half over the next couple of years. If that happens companies will close, jobs will be lost, artists won’t get the investments they need to record or tour which will harm an already precarious local live music scene.

We need your help to raise the voice of the music community and get this government’s attention. By filling in the form below you can email your local Liberal MP if you have one, and Canada’s Ministers of Heritage and Finance. Call on them to be Music Champions and keep their promise to increase the budget of the Canada Music Fund.

What can you do? 

Please click here to support the cause and spread awareness. You can also use those assets for your own social platforms if you want to spread the word. 

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