Canadian film industry soars at home and abroad

MONTREAL - Telefilm Canada reports that domestic and international sales of Telefilm projects doubled in 2011 compared to 2010, while domestic box office receipts increased 11.6% to $27.5 million. According to federal agency’s new Success Index, the performance of its portfolio improved by 23.7% in 2011. The index measures the year-over-year results for the commercial, cultural and industrial success of feature films supported by Telefilm. The benchmark year for the Success Index is 2010, which was assigned a value of 100. In 2011, the Index increased to 123.7. It says growth primarily stems from the commercial component since domestic box...