Toronto, September 23, 2010 – The Ontario Government today announced a new three-year $27 million Arts Investment Fund to strengthen not-for-profit arts organizations receiving operating grants from the Ontario Arts Council (OAC).
The $27-million fund will be paid out over three years:
- $11 million in 2010-11
- $10 million in 2011-12
- $6 million in 2012-13
“Our government is proud to celebrate, honour, and support our province’s arts and culture sectors," said the Honourable Michael Chan, Minister of Tourism and Culture. "The new Arts Investment Fund will help our arts organizations continue the invaluable work they do to enrich our communities and strengthen our economy.”
OAC will complement the government’s significant support with an additional $1.1 million over three years for English and French language book and magazine publishers in Ontario. This group includes for-profit entities, and as such they are not eligible for the Arts Investment Fund. OAC’s interest in the book and publishing world has always been focused on the creation of a distinct Ontario literature.
“We are augmenting the province’s generous support to the arts by directing some of OAC’s administrative surplus to the English and French book and magazine publishing sectors,” said Martha Durdin, OAC Chair. “This investment recognizes the contributions made by book and magazine publishers to our literary identity.”
All eligible organizations will shortly receive more information on participation in the program.
OAC has hired Cathryn Gregor, former Chief Operating Officer of the Toronto Symphony Orchestra, as the Arts Investment Fund Manager. Cathryn is familiar with the realities facing arts organizations, having worked with the Gardiner Museum of Ceramic Art as Director of Transition Planning, the Canadian Opera Company as Administrative Director, the Textile Museum of Canada, Tapestry New Opera, Soundstreams Canada, Opera Atelier, and several other arts organizations.
Cathryn can be reached at 416-646-7468 or 1-800-387-0058 ext. 7468 or email@example.com
For more information
If you have questions, please contact Geneviève Vallerand, Communications Coordinator at firstname.lastname@example.org or at 416-969-7434 / 1-800-387-0058 ext. 7434 (toll-free in Ontario).