On 29 January 2005, Adams joined the CBC benefit concert in Toronto for victims of the 2004 Indian Ocean earthquake. Twenty years after performing at Live Aid in the US, Adams played at Canada's Live 8 show in Barrie, Ontario. Later that year, he performed in Qatar and raised GB£1.5M (US$2,617,000) from the concert. He also auctioned a white Fender Stratocaster guitar signed by many of the world's prominent guitarists. The guitar raised a total of US$3.7 million for charity and thus set a record as the world's costliest guitar. The money went to Qatar's "Reach Out to Asia" campaign to help the underprivileged across the continent. Money raised also went to some of his own projects like rebuilding a school in Thailand and building a new sports center in Sri Lanka, both of which had been devastated by the Indian Ocean tsunami.