REGINA, SK, May 25, 2012 /CNW/ - New investments in the arts and culture sector in Saskatchewan are helping stimulate the economy and create jobs. The National Theatre School and the Station Arts Centre Cooperative are benefitting from a boost to their fundraising efforts through the South Saskatchewan Community Foundation and the Saskatoon Community Foundation, respectively. This was announced today by Ray Boughen, Member of Parliament (Palliser), on behalf of the Honourable James Moore, Minister of Canadian Heritage and Official Languages.
"Our Government received a strong mandate from Canadians to invest in important arts organizations," said Minister Moore. "By supporting these Saskatchewan endowment foundations, our Government is delivering on its commitment to strengthen our economy and support our arts, culture, and heritage."
"The South Saskatchewan Community Foundation and the Saskatoon Community Foundation enrich the quality of life in Saskatchewan," said Mr. Boughen. "We are pleased to match local financial support and to encourage further donations to arts organizations to help ensure their future."
"We are pleased to receive this matching grant, on behalf of the National Theatre School, from the Government of Canada," said Wain Birch, Executive Director of the South Saskatchewan Community Foundation. "The Endowment Incentives initiative allows us to further our goal of empowering donors to make their communities better places to live, work, and raise a family."
The Government of Canada has provided funding of $40,929 for the South Saskatchewan Community Foundation and $13,011 for the Saskatoon Community Foundation to manage and invest on behalf of the National Theatre School and the Station Arts Centre Cooperative, respectively. Funding is provided through the Endowment Incentives component of the Canada Cultural Investment Fund, which encourages Canadians to donate to professional arts organizations.
This year, the Government of Canada is providing 81 cents for every dollar donated by the private sector. Since 2006, this program has provided more than $97 million to various endowment funds in Canada, while the private sector has provided $145 million, for a total of more than $242 million.
For further information:
(media only), please contact:
Office of the Minister of Canadian Heritage
and Official Languages
(This news release is available on the Internet at www.canadianheritage.gc.ca under Newsroom.)