Equity has submitted its brief to the Standing Committee on Finance as part of its annual pre-budget consultation processes. These consultations provide Canadians and organizations an opportunity to share priorities ahead of the federal budget.
Equity’s submission outlines three key recommendations that are designed to address affordability, income instability, and job creation in the sector:
- Implement the Live Performance Arts Accelerator, a 25% tax credit on eligible labour-based expenses in the live performing arts industry to increase work opportunities and stimulate economic growth.
- Reinstate income averaging to ensure fair tax treatment for workers with fluctuating incomes.
- Expand access to, and eligibility for, subsidized housing programs to better reflect the financial realities of artists and other gig economy workers.