CRTC Report Underlines Importance of CTF to Canadian Television Industry



    TORONTO, June 29 /CNW/ - The Canadian Television Fund (CTF), Canada's
largest direct funder of television production, has received the Canadian
Radio and Television Commission (CRTC) Task Force's preliminary report,
released today in Ottawa. The Report of the Task Force on the Canadian
Television Fund highlighted the institutional importance of the CTF and the
Canadian independent production sector in the creation of quality Canadian
television programs.
    "I am pleased with the Task Force's belief in the CTF, acknowledgement of
the good work it has accomplished towards the creation of Canadian
programming, and its underscoring of the importance of the CTF to the Canadian
production and broadcast sectors," said Douglas Barrett, CTF Board Chair.
    The CTF Board will review and analyze the various recommendations in the
report and submit its initial response to the CRTC by the end of July. The
Commission's determination of the task force's recommendations is scheduled to
be released at the end of August 2007.
    "The report includes many specific recommendations requiring careful
analysis," said Valerie Creighton, CTF President. "It also provides us an
opportunity to seek new revenue opportunities and participate more fully in
the rapidly changing media environment."
    The CTF recognises the important efforts taken by both Minister of
Canadian Heritage Bev Oda and Chairman von Finckenstein to ensure strong
support to both the Canadian independent production industry and quality
Canadian television programming. The CTF remains committed to ensuring the
economic future of Canada's television production industry and the continued
creation of successful Canadian programming.

    Over the past ten years, the CTF has contributed 2.22 billion dollars to
support 4,470 productions. This has resulted in more than 23,000 hours of
great television for Canadians and has triggered more than 7.4 billion dollars
in production volume across the country.





For further information:

For further information: MaryBeth McKenzie, Director of Communications,
mmckenzie@canadiantelevisionfund.ca or call (416) 554-7489

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Canadian Television Fund

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