I recently heard from a friend whose band has made a couple of indie CDs, and she said:

"we're finally going to be signed to a montreal record label - and we're applying, through them, for a grant from FACTOR - this seems like the best option for anyone canadian wishing to record - i would suggest it to you too, since the rumor is that they have a TON of cash that they're just DYING to give away to hungry artists.... "

That's the FACTOR that I linked in my first post that she's talking about.

Marion