CIMA has filed its 2012 pre-budget submission to the Federal Government, as part of Ottawa’s public consultations for its 2012 budget.
In its submission, CIMA has asked the government to consider three priorities:
- Create a national, Canadian Sound Recording Tax Credit program
- Establish a market-driven capital investment strategy for the music (and creative) industries
- Maintain the current level of funding for the Canada Music Fund
CIMA makes the case that these three initiatives will serve to support and grow the industry by providing much needed financial support, facilitate cash flows and provide access to much needed capital that will help our businesses grow and exploit new and emerging markets.
To view the submission in PDF format, click here.