Heritage Ministry’s Covid-19 compensation fund for producers extended to March 2022

OTTAWA and MONTREAL — Canadian Heritage minister Steven Guilbeault announced in a tweet today the Short-Term Compensation Fund (STCF) for Canadian audiovisual productions has been extended until March 31, 2022 and it will now make up to $100 million in coverage available to the film and TV production industry. This is a $50 million increase and the full release can be found here. The STCF was launched in October 2020 as a temporary measure to minimize the consequences of the void created by the lack of insurance coverage for interruptions in filming and the shutdown of productions caused by the...