TORONTO — Telefilm Canada doled out C$33.8 million ($21.5 million) between April 1 and June 30, the Canuck government’s film and TV funding agency reported Monday.
Telefilm inked deals for 56 Canadian TV, feature film and multimedia projects across the country in the first quarter ended June 30, 1998.
“This was a very very active quarter,” said Telefilm spokesman Michel Montagne. “I’ve never found that kind of quarter before.”
This year got off to a rough start for Telefilm and another Canadian funding agency, the Canadian Television and Cable Production Fund.
Too much too soon
Poor coordination between them and a higher-than-expected number of funding applications resulted in the agencies committing more funds earlier than they meant to and led to some of Canada’s most respected producers being left out in the cold.
The subsequent brouhaha convinced the CTCPF to chip in additional funds to bail things out.
Since Telefilm is still plowing through the applications backlog from the first quarter, Montagne expects the second quarter to be nearly as active.
Montagne noted that the Maritimes and Western regions were particularly active in the quarter, in part because the industry itself is flourishing, and also because more companies are learning how to jump through the necessary hoops to get onto the public teat.
Telefilm received a total of about $80 million for the year.