The cultural industries are a key economic driver in Canada, accounting for $46 billion or 3.8% of Canada’s GDP and more jobs than the forestry and insurance sectors combined.
To ensure the ongoing stability of cultural industries, government must maintain its investment in the sector, including writing and publishing. Ongoing investment will serve to maximize the capacity that not only provides Canadian books and other cultural products Canadians want and need, but also brings those products to international markets, where books, along with music, have found so much success. Apart from the incalculable benefit to Canada’s autonomy and recognition on the world stage, these investments have also historically provided ample economic return, not only in revenue generated but also in industrial excellence.