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29 Aug 08

reportonbusiness.com: Harper defends cuts to arts programs

G&M article on recent announcement of cuts in arts funding, which co-incided with the Conference Board of Canada's report on the significance of the arts to Canada's economy.

www.reportonbusiness.com/...Business - Preview

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Prime Minister Stephen Harper defended $44.8-million in planned cuts to arts-and-culture programs for the first time yesterday. At the same time, the Conference Board of Canada released a report attesting to the economic benefits of investing in Canadian culture
echoed recent assertions by his communications director, Kory Teneycke, and Canadian Heritage Minister Josée Verner that the government has managed to walk a tightrope, trimming the fat from its culture portfolio while simultaneously increasing overall spending.
- - this article is unclear: is it a cut of nearly $45m or is there an overall increase in spending?? - on 2008-08-29
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- “Some programs in arts and culture have increased in funding, others have gone down – in total it's gone up.” Federal investment in culture for the 2007-08 fiscal year was $3.4-billion, up from $3.2-billion in 2006-07.
- The Prime Minister's comments come in the wake of a recently released report from the Conference Board of Canada, in collaboration with the federal government, that confirms high economic returns on cultural investment. The report, entitled Valuing Culture: Measuring and Understanding Canada's Creative Economy, calls the cultural sector's role “as a magnet for talent, an enhancer of economic performance, and a catalyst for prosperity” a universal phenomenon.
  
  The Conference Board estimates Canada's cultural sector generated $46-billion, or 3.8 per cent of Canada's GDP, in 2007. The sector's total impact including “indirect and induced effects” on other sectors leaves an economic footprint of $84.6-billion, or 7.4 per cent of GDP, the report states. Those revelations paint a picture of industry stability: Statistics Canada reported culture accounting for an identical 3.8 per cent of GDP in 2006.
  
  The report put 2003 employment in the cultural sector at 616,000 jobs.
  
  Including direct and indirect contributions to employment, the report estimates that culture accounted for 1.1 million jobs in 2007.
  
  Canada's culture sector is being driven by growth in digital technology and expanding Internet use, the report states.

Valuing Culture: Measuring and Understanding Canada’s Creative Economy

The Conference Board of Canada's July 2008 report on the value of culture to the Canadian economy.

www.conferenceboard.ca/documents.asp - Preview

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Document Highlights:
Valuing Culture: Measuring and Understanding Canada’s Creative Economy examines the culture sector as a cornerstone of the creative economy.
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- Arts and culture industries play a vital role in attracting people, business, and investment, and in distinguishing Canada as a dynamic and exciting place to live and work.
- The Conference Board estimates that the economic footprint of Canada’s culture sector was $84.6 billion in 2007, or 7.4 per cent of Canada’s total real GDP, including direct, indirect, and induced contributions. Culture sector employment exceeded 1.1 million jobs in 2007.
- Technology is revolutionizing business models in the creative economy, altering the way culture is created and consumed. Consumers are becoming “prosumers” who actively create and customize content.
  - The Conference Board gets it... - on 2008-08-29
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- The “long tail” business model of many niche markets is altering how arts and culture industries sell their products and services.
- The culture sector bridges geographical distances and creates greatly expanded social networks.

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Valuing Culture: Measuring and Understanding Canada’s Creative Economy

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