August 13, 2010 - CAPACOA submitted its brief to the Standing Committee on Finance as part of the annual pre-budget consultation process: "Greater investment in the arts will signify this government’s commitment to increased inclusion and participation for Canadian’s and the (re)vitalization of our communities."
The brief presents three strategic recommendations defined by CAPACOA in consultation with the presenting networks, the Advocacy Committee and other national service organizations:
- Maintain long-term, sustainable investment in the Canada Arts Presentation Fund and increase investment in the Canada Council for the Arts to $300M annually.
- Reinvest in market access and development programs and articulate a strong federal policy with regard to domestic and international dissemination of the arts.
- Establish a “stretch” tax credit that would increase the federal charitable tax credit by an additional 10% on all new giving up to $10,000, in order to increase the flow of charitable gifts from Canadians.