Attracting investment creates new Canadian jobs, encourages innovation, and helps strengthen our communities. That’s why our government is providing Canadian businesses with the tools and resources they need to grow, locally and globally.
Since 2004, LyricFind – a Canadian company, based right here in Toronto-St. Paul’s – has facilitated wider online access to music lyrics, building a database of licensed lyrics from over 4,000 music publishers and offering lyric search, display and synchronization services in over 100 countries. By making it easier for more people around the world to discover Canadian music and lyrics, LyricFind is helping artists earn more – not just directly from lyric rights, but also through the additional royalties generated from the increased streaming, downloading and spin-off revenues that come from greater exposure to more audiences.
I’m so glad to see the tremendous growth of LyricFind over the past decade – partnering with Billboard and Google and opening offices in the United Kingdom and United States – and with support from our government’s Creative Export Canada program, they can now focus on growing their operations in Toronto and expand their efforts to make translated versions of lyrics by Canadian and Indigenous artists is available worldwide.
Our government’s plan to invest in Canadians is working, with the creation of over 900,000 new jobs since 2015. The time to #InvestInCanada has never been better.