Federal Government Announces Additional Financial Support For The Canadian Arts And Culture Sector – Media, Telecoms, IT, Entertainment

Canada: Federal Government Announces Additional Financial Support For The Canadian Arts And Culture Sector

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On June 28, 2021, the federal government announced additional
funding to support Canada’s arts and culture sector,
including $300 million via the Recovery Fund for Arts, Culture,
Heritage, and Sport Sectors, and $200 million through the Reopening
Fund.1 The Canadian arts and culture sectors,
including the film and television industries, have been
particularly hard-hit by the COVID-19 pandemic, and these funds are
anticipated to help jump start the sector as Canada begins the
process of reopening.

Telefilm Canada (Telefilm) will receive: (i) $16 million in
2021-2022, which will be allocated to Telefilm’s Theatrical
Exhibition Program, for the purposes of supporting Canadian
exhibitors and Canadian film programming in cinemas across the
country; (ii) $9 million in 2022-2023 to promote and increase
access to Canadian films in cinemas, and (iii) $10 million over two
years (2021-2022 and 2022-2023) to support the recovery of Canadian
film festivals.2

The Canada Media Fund (CMF) will receive $5 million over two
years (2021-2022 and 2022-2023) to support the recovery of
third-language community productions.

In addition, a further $200 million is being distributed over
two years via the Major Festivals and Events Support Initiative
(MFESI) to support Canada’s non-profit major, recurring
festivals and events with annual revenues of at least $10
million

Application details will be announced in the coming weeks. It is
anticipated that an application portal will be established for new
applicants, while existing funding recipients should wait for
further information on their application process. Funding will
begin in the fall of 2021.

Footnotes

1 Canadian Heritage, “Backgrounder
– Continued Support for Arts, Culture, Heritage and Sport
Sector Organizations” (June 28, 2021)
(https://www.canada.ca/en/canadian-heritage/news/2021/06/backgrounder—continued-support-for-arts-culture-heritage-and-sport-sector-organizations.html).

2 Ibid; see also Telefilm Canada,
“Telefilm Canada enthusiastically welcomes the funding
allocated to support the recovery and reopening of the arts and
culture sector” (June 28, 2021),
(https://telefilm.ca/en/news-releases/telefilm-canada-enthusiastically-welcomes-the-funding-allocated-to-support-the-recovery-and-reopening-of-the-arts-and-culture-sector).

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