Canadian PM Carney Highlights C$4 Billion Culture Investment in Montreal, the Largest in Canadian History
Canadian Prime Minister Mark Carney on November 10 highlighted in Montreal, Quebec, what he called the largest investment in culture in Canadian history, C$4 billion under the federal government's Budget 2026. The Prime Minister's Office said the investment is part of the Budget 2026 plan, Masters of our Destiny, to build Canada's sovereignty and give Canadians the freedom to live their lives as they choose.
According to the Prime Minister's Office, Budget 2026 has confirmed a C$600-million investment to bolster Canada's audio and audiovisual sectors, providing greater stability for creators, producers and broadcasters. The budget also proposes a new Canada 160 Fund, a C$300-million flagship initiative to celebrate Canada's 160th anniversary, and C$393.2 million over three years to advance Canada's Francophonie leadership objectives and host the 2028 Francophonie Summit.
The Prime Minister's Office said the budget also announces the government's intention to consult Canadians and the cultural sector on a new Canada Creative Credit, with details to be announced in the Spring Economic Update 2027. Finance Minister François-Philippe Champagne tabled Budget 2026 in the House of Commons on November 5.
(Source: Prime Minister of Canada)
Source: Prime Minister of Canada
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