TORONTO, March 25, 2013 /CNW/ - Finance Minister James Flaherty's
federal budget, announced last week, holds positive news for Canada's
theatre sector. The First-time Donors Super Credit and changes to the
Endowment Incentive component of the Canada Cultural Investment Fund
will be helpful to theatre companies across the country in securing the
resources they need to continue making meaningful contributions to
"PACT appreciates the government's commitment to work with the
charitable sector in increasing charitable giving incentives," said
PACT Advocacy Chair, and General Manager of the Royal Manitoba Theatre
Centre, Camilla Holland. "The First-time Donors Super Credit plus the
higher ceiling on Endowment Incentives are welcome strides towards
growing donors and levels of giving for PACT theatre companies of all
Currently, private sector donations account for about one quarter of an
average theatre company's total revenue. For larger companies, private
donations are usually much more significant.
"The revenue composition of any theatre company is critical to its
well-being," said PACT Executive Director, Lucy White. "Any measure
that strengthens the ability of our members to increase the investment
of Canadians in our work is helpful."
The 2013 federal budget made no changes to investment in the Canada
Council for the Arts and other important programs that support theatres
The Professional Association of Canadian Theatres (PACT) is a
member-driven organization that serves as the collective voice of more
than 140 professional Canadian theatres across the country. For the
betterment of Canadian theatre, PACT provides leadership, national
representation and a variety of programs and practical assistance to
member companies, enabling members to do their own creative work.
PACT is a founding member of the Performing Arts Alliance and works in
tandem with other representative bodies in the cultural and
not-for-profit sector including the Canadian Arts Coalition, the
Canadian Arts Summit, Imagine Canada and others.
SOURCE: Professional Association of Canadian Theatres
For further information:
Lucy White, Executive Director, PACT.
Email: email@example.com, Cell: 416 807-9106 or Phone: 416.595.6455 ext.11