Ottawa (Ontario) June 3, 2026:
Today, the Government of Canada revealed its strategies to direct the CRTC to reevaluate its current choice on streaming platform commitments and a dedication of $600 million in direct financial investment to Canada’s arts and culture sectors.
Music Canada praises the federal government for acknowledging that regulative structures that converge with music needs to show the contemporary streaming market, where collaborations and financial investments from streaming platforms are essential to the success of Canadian artists. And we invite the federal government’s prompt and direct financial investments.
“We promote policies that assist Canadian artists be successful in your home, reach worldwide audiences, and contend in today’s music streaming market,” stated Patrick Rogers, CEO of Music Canada. “Today’s statement by Minister Miller does that by showing the federal government’s strong dedication to supporting the cultural sector, while keeping the streaming services Canadians like economical and acknowledging that the tools utilized to manage the conventional domestic broadcasting sector will not work for the totally various design of streaming.”
Canadian artists have actually welcomed the worldwide reach of streaming, making Canada the 3rd biggest exporter of music worldwide. Online streaming is the main method Canadians listen to and spend for music. It is without a doubt the biggest motorist of taped music market profits in Canada, representing over 75% of general earnings and Canada ranks as the 8th biggest membership streaming market on the planet. Policies to support Canadian music requirement to show the contemporary music market and the crucial function streaming plays in it.
Music Canada eagerly anticipates dealing with the federal government on policies that incentivize continued financial investment by worldwide music streaming platforms in Canadian music groups, programs, and sponsorships that display and raise Canadian, Indigenous, and French-language artists and assist them grow audiences throughout the nation and worldwide.
About Music Canada:
Music Canada is the trade association representing Canada’s significant record labels: Sony Music Entertainment Canada, Universal Music Canada and Warner Music Canada. Like its members, Music Canada is a partner to the market, dealing with artists, independent labels, publishers, platforms, associations and others, ahead of time positive policies to make sure a vibrant and effective Canadian music environment which returns worth to music developers.
For more info, please contact: Victoria Khajavi ([email protected]
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