Canada Cultural Investment Fund

• What’s new
• Stabilization Projects
• Capacity Building
• Endowment Incentives
• Networking Initiatives

The Canada Cultural Investment Fund aims to strengthen organizational effectiveness and build capacity of arts and heritage organizations. It is comprised of four program components: Stabilization Projects, Capacity Building, Endowment Incentives, and Networking Initiatives.

What’s new

On June 26, 2009, Minister Moore announced renewal of funding for the arts. He also noted that the Canadian Arts and Heritage Sustainability Program will now be called the Canada Cultural Investment Fund and that its funding will be kept at the current level for fiscal years 2011-12 to 2014-15. The program’s mandate and objectives remain the same.

Stabilization Projects

This component helps establish Stabilization Projects, within a specific geographic area, that are run by independent, non-profit organizations governed by representative boards of directors. Stabilization Projects in turn, support arts and heritage organizations in their areas by offering technical expertise. Some also offer assistance to reduce deficits and build working capital reserves. To date, the Canadian Arts and Heritage Sustainability Program has supported 9 Stabilization Projects for the fiscal years 2001-2002, 2002-2003 and 2003-2004.

Capacity Building

This component helps individual arts and heritage organizations that do not have access to assistance from a Stabilization Project to improve their administrative, organizational and financial structures. Within this component, 347 artistic organizations have been approved between 2002/2003, 2003/2004, 2004/2005, 2005/2006 and 2006/2007; while 214 heritage organizations have been approved in 2002/2003, 2003/2004, 2004/2005, 2005/2006 and 2006/2007.

Endowment Incentives

Through this component, the Government of Canada will encourage Canadians to donate to arts organizations by providing funding when a private donation is made to an arts organization's endowment fund. To date, 99 artistic organizations have received matching funds during the years; 2001/2002, 2002/2003, 2003/2004, 2004/2005, 2005/2006, 2006/2007 and 2007/2008.

Networking Initiatives

This component supports, through contributions, pan-Canadian networking projects whose aim is to develop and strengthen capacity through harnessing the power of artists, the arts, and culture to build creative, sustainable, and healthy communities.