From Business in Vancouver online magazine:
It’s hard to understand what the BC Liberals were thinking when they chose arts and culture to take such a huge hit in the struggle to keep the province on track financially.
Artists talking to businesspeople feel compelled to make the economic case for what they do. Although they’re a sideshow to the real contribution of the arts, those numbers are impressive: a payback of $1.05 to $1.36 for every dollar invested; $12 in economic spinoffs for every dollar spent on the arts. My experience is that the small amount of money contributed by the province leverages not just matching funding but thousands of volunteer and unpaid hours from people who care passionately about what they do, building the social capital that is vital to any place that purports to be “the best place on Earth.”
There is a bigger financial picture, too.
The arts are the infrastructure for a creative economy. Why would we be lowering taxes to attract new businesses and mobile employees, especially in the burgeoning new- media industries, while we undermine the performing artists and organizations that feed those industries and pull creative people into this province?
To read the whole article, follow the link below
www.bivinteractive.com – At Large: Peter Ladner