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The Budget sets out areas of support that
the Federal Government intends to extend to specific sectors. Charities and non-profit organizations
engaged in these sectors or activities should take note of these measures, as
government funding opportunities may be available.
- Additional Support for the Arts. The Budget notes that the Endowment Incentive
component of the Canada Cultural Investment Fund provides matching grants for
private sector donations to arts organizations.
The Budget specifically mentions the National Ballet of Canada, the
Orchestre symphonique de Montréal, the Banff Centre and the Stratford
Festival. The Budget states that
starting in 2013, the amount of funding an arts organization can benefit from,
over the life of the program, will increase from a maximum of $10 million to
- Support for Affordable Housing. The Budget notes that the Federal Government
proposes to provide $253 million per year over five years to renew the
Investment in Affordable Housing to 2018–19. Under the Investment in Affordable
Housing bilateral agreements, provinces and territories match federal
investments and design and deliver programs that improve access to housing. Charities, non-profits and social housing
corporations should be aware of this initiative and the potential for increased
- Support for Commercialization of Research through Universities and
Non-Profits. The Budget notes that the Federal Government proposes to provide $20
million over three years for a new pilot program to be delivered through The
National Research Council’s Industrial Research Assistance Program. The pilot
program is intended to enable small and medium-sized enterprises to commercialize
their products or services more quickly and effectively by providing them with
credit notes to help pay for research, technology and business development
services at universities, colleges and other non-profit research institutions
of their choice. Universities and other
non-profit research facilities should be aware of this opportunity for indirect
support. The Budget indicates that
additional information on this program will be forthcoming.
Those who are interested in reading about other sections of the Budget may wish to consult Miller Thomson’s general Budget Release, available here.