Government extends Covid-19 support for audiovisual industry another year

GATINEAU – The Government of Canada today announced it is extending its Short-Term Compensation Fund (STCF) for Canadian audiovisual production until March 31, 2023. “While it is encouraging that many productions have already resumed thanks to the Fund’s support, there is still a pressing need for this program, especially as the public health situation continues to evolve,” a Canadian Heritage press release says. Telefilm Canada, which has been administering the funds since the program was launched in October 2020, “will continue to provide as much as $150 million in compensation until 2023 to production companies whose filming has been interrupted...