LONDON — The Canadian government has launched audiovisual co-production negotiations with India, James Moore, minister of Canadian heritage, announced Wednesday. This is expected to lead to a formal co-production agreement, likely to be signed during June’s Intl. Indian Film Academy Awards in Toronto.
Canada is looking to attract Indian filmmakers to shoot in the country with British Columbia’s international trade office set to open a branch in Mumbai this year. The country is also looking to invite Indian gaming and new-media companies to set up shop there.
Canada has 49 treaties with 53 partners around the world. Benefits to projects under a co-production treaty can include federal and provincial tax credits, and access to the Canada Media Fund, and Telefilm Canada’s Canada Feature Film Fund.