TORONTO, March 17 /CNW/ - The Canadian Television Fund (CTF) will provide
approximately $275 million to Canadian television producers for the 2008-2009
fiscal year. Through the Broadcaster Performance Envelope (BPE) system, the
CTF will allocate $173 million to English-language broadcaster envelopes and
$79 million to French-language broadcaster envelopes. These funds will support
English and French programming in the genres of Drama, Children's and Youth,
Variety & Performing Arts, and Documentaries. The 2008-2009 BPE allocations
are listed on the CTF website, www.ctf-fct.ca.
Initiated just in 2004, with English Drama being incorporated two years
later, the Broadcaster Performance Envelope system is a market-oriented
funding mechanism, with Broadcasters acting, in essence, as the proxy for
Canadian audiences. Envelopes or allocations of funding are made to Canadian
broadcasters, allowing them to allocate CTF funds to projects on behalf of the
CTF, subject to eligibility requirements and minimum broadcaster licence fee
thresholds. Broadcaster envelopes are calculated on the basis of performance
factors and are recalculated each fiscal year, providing a regular
re-balancing of the system. CBC/Radio-Canada receives 37% of the total BPE
allocation as a condition of the CTF's Contribution Agreement with the
Department of Canadian Heritage.
Additional funds of approximately $23 million will be allocated to
development projects, French Language Projects Outside of Quebec, Aboriginal
Production, and Versioning.
About the Canadian Television Fund
Fostering the growth of television production in Canada through financial
investment and industry research, the Canadian Television Fund (CTF) supports
the development of Canadian talent, programs and audiences. Since 1995, the
CTF has contributed to the creation of over 25,000 hours of Canadian
television and has provided over $2.5 billion of financial investment
triggering the production of over $8 billion of Canadian television.
CTF-supported productions have cultivated thousands of jobs in the Canadian
television sector. Further details about the CTF are available on the
organization's website at www.ctf-fct.ca.
For further information:
For further information: Media Inquiries: Betsy Chaly, Director of
Communications, Canadian Television Fund, email@example.com, (416) 214-4441