MONTREAL – Telefilm is applauding the new audiovisual coproduction treaty between the Canadian government and the Government of the Republic of India that came into effect on July 1st.
Enabling producers from both countries to pool their creative, technical and financial resources, this treaty is the first to be signed since Canada’s Policy on Audiovisual Treaty Coproduction was implemented in March 2013. Telefilm said that the policy reflects the ever-changing audiovisual production environment, allows the Government of Canada to better support the Canadian audiovisual industry, and makes Canada a partner of choice.
India is the 54th country with whom Canada has signed an audiovisual coproduction treaty. These treaties are administered by Telefilm Canada on behalf of the Canadian government.
A world leader in audiovisual coproduction, Canada has produced 681 coproduction projects with production budgets totalling close to $5 billion over the past decade. In 2012–13, Canada’s audiovisual sector generated $5.82 billion to the Canadian economy and supported approximately 127,700 jobs.
