In an increasingly competitive, increasingly global landscape, our province and our businesses are seeking creative strategies to attract top talent to Ontario. Business for the Arts, with support from Ontario Arts Council and research contribution by Nanos Research, released the results of our new study – Culture for Competitiveness: How Vibrant Culture Attracts Top Talent. Based on a random survey of 500 skilled workers and 508 businesses in Ontario, the study reveals that a vibrant arts and culture scene can be a major driver for communities to attract and retain employees.
Detailed findings reveal that while 65 per cent of businesses and skilled workers agree that a thriving arts and culture scene is a driving factor when considering relocation, only 25 per cent of businesses make an annual financial contribution to an arts and/or cultural organization in their community.
Findings about skilled workers:
Findings about businesses:
Business for the Arts works at a national level to communicate the concerns and interests of the arts sector and to advocate for the impact of investing in the arts through our research, forums, roundtables and advocacy work.
Our advocacy efforts are focused on bringing forward tax incentives to stimulate private sector investment in the arts. In May 2006, Donald K. Johnson, O.C., Chairman Emeritus of Business for the Arts, was finally able to accomplish his decade-long mission to eliminate capital gains tax on gifts of publicly listed securities to charities.
We are now advocating for the elimination of capital gains tax on gifts of real estate and privately traded companies in an effort to increase private sector support of the arts.