CTF shortage makes Canadian producers go to funding plan B

Given the federal government's decision to lop off a quarter (US$18.5 million) of its annual contribution to the Canadian Television Fund (CTF) earlier this year, producers and broadcasters knew there would be more losers than winners among those vying for assistance from the country's largest television subsidy program this spring. But that foresight didn't make the reality any less painful when crown corporation Telefilm Canada released the results from the Equity Investment Program's spring application period in May.
June 1, 2003
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