Canadian Television Fund Renewal Ensures Continued Growth of Television Industry



    TORONTO, Jan. 27 /CNW/ - The Canadian Television Fund (CTF) today thanked
the Government of Canada for its decision to renew the Fund at the current
level for two years.
    "The Government's commitment to Canadian television ensures the continued
viability of this growth industry," said Valerie Creighton, President and CEO
of the CTF. "It enables Canadian producers to continue innovating and creating
shows that are successful both at home and abroad. It strengthens the Canadian
economy by sustaining over 22,000 jobs generated by CTF-funded shows and by
advancing the already expansive global sales of these productions. And it
gives Canadians inspiring and entertaining television shows to watch."
    In its presentation at the CRTC's Public Hearing into the future of the
Fund in February 2008, the CTF demonstrated that it is a market-driven
organization. Through its extensive experience in policy development and
funding delivery, the CTF is an effective and efficient instrument to balance
the varying cultural and commercial objectives of an extensive number of
industry stakeholders.
    "We acknowledge the diligent work conducted by the Honourable James
Moore, Minister of Canadian Heritage and Official Languages, and Department
officials in reaching this decision, and we are pleased that the Government
recognizes the pivotal role of the CTF in the growth of the television
industry," added Paul Gratton, Chair of the Board of the CTF. "The CTF is
committed to collaborating with its funders and the industry to build on the
success of Canadian television production."
    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 27,000 hours of Canadian
programming and has infused over $2.7 billion into the industry, triggering
the production of over $9 billion of Canadian programming. CTF-supported
productions have cultivated thousands of jobs in the Canadian television
sector. For more information about the CTF, visit our website at
www.ctf-fct.ca.





For further information:

For further information: Media Inquiries: Betsy Chaly, Director,
Communications, Canadian Television Fund, bchaly@ctf-fct.ca, (416) 214-4441

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