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Submission for the Pre-budget Consultations in Advance of the 2021 Federal Budget

Recognizing that the arts and culture sector has been among the hard-hit segments of the economy during the COVID-19 pandemic, Business / Arts proposed five measures to be included in the up-coming Federal Budget to stimulate and support the recovery and rebuilding efforts.

Summary Five Recommendations:

  1. Extend wage and rental subsidies until all government-mandated restrictions on gatherings are no longer in effect.
  2.  Recognizing that the arts and culture sector is among the hardest-hit industries, provide a  sector-specific wage subsidy for the recovery period that includes contract arts workers.
  3. Support safe reopening with funds for venues to invest in HVAC, PPE, cleaning, security staff and other requirements necessary to rebuild public confidence in gathering spaces and offsets high operating costs during a time of lower ticket revenues.
  4. Stimulate and encourage private giving through two measures:
    a. Temporarily boost tax receipts for donations
    b. Eliminate the capital gains tax on gifts on charitable donations of private company  shares and real estate to registered charities
  5. Reinvest in programs that strengthen and increase capacity in the sector such as the Strategic  Initiatives program to build a more resilient, innovative, equitable and sustainable sector.

Download Business / Arts Five Recommendations for the Recovery of the Arts and Culture Sector