The Canadian Conference of the Arts (CCA) is ceasing operations immediately as a result of a loss of government funding, the organization said Tuesday. In a release, the conference said it became aware of the Conservative government’s intention to end its funding a year-and-a-half ago. In response, the CCA said it intended to transform itself into a “financially autonomous” organization, and that it would have needed two years of transitional funding to do so. “The CCA held a series of nation-wide public and private consultations, received unequivocal support for the relevance of its mandate and developed a comprehensive and ambitious 2012-2017 Business Plan,” the release said. “However, in mid-April, the CCA was informed that the government had limited its assistance to six months of funding, clearly an enormous hurdle for the organization to overcome.” The organization said it could not achieve the objectives of its business model within two years. The board decided that it would be “irresponsible” to risk the money donated to the CCA so far, the release said. The board ceased CCA operations immediately and put the organization in a “state of suspension,” the release said. The CCA was founded by a group of artists in 1945 and has been associated with the creation of the Canadian Council for the Arts in 1957 as well as the UNESCO Convention on the Protection of the Diversity of Cultural Expressions in 2005.