International Treaty Co-Productions with Canada: An Overview for Producers

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Table of Contents:

- Introduction 4

- Co-Producing With Canada – The F.A.Q.’S 4

- Telefilm’s Requirements – The Abc’s 7

- Co-Production Certification In Canada 10

- About the Author: 11

- Schedule “A” 12

- Telefilm Credit Guidelines 12

- Excerpt from Introduction:

Canadian producers know the value of participating in international treaty co-productions and they long ago embraced the co-production structure as a way of producing. In 2010 Canadian producers completed 27 treaty co-productions. The aggregate budgets of the treaty co-productions completed in 2010 was approximately CDN$216 million. Though these numbers represent a slight increase from 2009, they are still below the highs of 2003 when 30 co-productions with an aggregate value of CDN$352 million were completed.

While the reasons for the popularity in treaty co-productions are numerous (some are set out below), one of the driving forces is the ability to access sources of financing in two or more countries – the fabled “double dip” and in some cases a “triple dip”. In today’s difficult financing climate, where pre-sales are more difficult than ever to attract and GAP financing requires two or three times coverage, the holy grail of many independent producers has become soft money. In many instances, productions must qualify as a “national production” of a country in order to access the soft money incentives available in the subject country. In the context of reduced financing sources, it stands to reason that if accessing soft money in one country is good, then accessing soft monies from two (or more) countries is great. Enter the international treaty co-production, which is in many cases the only way to double dip into the soft money schemes available in two or more countries.

Please see full publication below for more information.

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Topics:  Motion Picture Industry, Producers, Production Credits, Telefilm, Treaty Co-Productions

Published In: Art, Entertainment & Sports Updates, General Business Updates, Finance & Banking Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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