09/06/2015 03:38 EDT | Updated 09/06/2016 05:59 EDT

Tories Promise To Match Private Museum Donations With $15M Endowment Fund

OTTAWA — A re-elected Conservative government would create an endowment fund for museums that would match the money the institutions raise privately.

The party announced Sunday that the endowment fund would be based on a similar program already in place for the arts.

A Conservative news release says the new incentive fund would match every dollar raised by a local museum from individual donors, with some conditions.

The program would be capped at approximately $15 million per year.

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