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FYI

FACTOR Support For Music Industry Totalled $25.2M In Past Year

FACTOR, otherwise known as the Foundation to Assist Canadian Talent On Recordings, took in revenue of $30,880,783 and paid out $25,238,117, according to figures cited in the not-for-profit’s 2019-2

FACTOR Support For Music Industry Totalled $25.2M In Past Year

By FYI Staff

FACTOR, otherwise known as the Foundation to Assist Canadian Talent On Recordings, took in revenue of $30,880,783 and paid out $25,238,117, according to figures cited in the not-for-profit’s 2019-2020 annual report that was released online earlier this week.


Funding from Canadian Heritage totaled $14,546,708 with a further $16,334,075 contributed by Canada’s private radio broadcasters.

Of the money paid out, $514,997 went to regional affiliates and $25,238,117 was paid out in grants.

In total, 2,000 applications requesting close to $44 million were logged over 10 programs offered by FACTOR, the report states.

Support for Canadian-owned music companies came in at just over $6.2M, tour support approvals came in at just under $3M, $950K was spent on 475 of 1,2241 Artist Development submissions, and $755,280.78 went to 53 of 73 requests for video assistance.

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Further specifics along with messages from Chair Meghan Symsyk and President Duncan McKie can be found online on the FACTOR portal.

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Canadian Music Sales Report: Week Ending June 26, 2025
Photo by Lukas Blazek on Unsplash
FYI

Canadian Music Sales Report: Week Ending June 26, 2025

Here is this week's Luminate Data Market Watch national sales report, featuring stats for Canadian album sales, streams, digital sales and more.

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday. The abbreviation "TEA" is a term used to describe the sale of music downloads or singles. A track equivalent album is equal to 10 tracks, or 10 songs.


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