At the exact moment on June 11, 2024, that Canada’s musical cognoscenti gathered at a Toronto record store to celebrate the past year’s most significant albums, someone, or some group, was getting ready to siphon nearly $10-million from the music industry.
The non-profit Foundation Assisting Canadian Talent on Recordings has, for four decades, collected money from the federal government and private radio broadcasters to fund programs to help musicians and their industry pay for recording, promoting and touring – recently to the tune of $30-million a year.
