GATINEAU, QC, May 5, 2017 /CNW/ – The Government of Canada recognizes that Canadian cultural industries represent a key sector of our economy. Supporting Canadian creators and cultural industries contributes to inclusive growth, creates jobs, and strengthens our middle class while helping those who are working hard to join it.
The Honourable Mélanie Joly, Minister of Canadian Heritage, announced today the coming into force on May 1 of a new audiovisual coproduction treaty with New Zealand and a new film coproduction treaty with China. Coproduction treaties allow producers to combine their creative and financial resources to develop coproductions that stimulate foreign investment, create good jobs for the middle class, and increase exchanges of culture and knowledge between partner countries.
The new treaties aim to position Canada as a treaty coproduction partner of choice, as they encourage global competitiveness and respond to the rapidly evolving audiovisual technological environment.
“Canada is proud to have coproduction partnerships with many countries around the world, and I am thrilled that Canadian producers will be able to use these new treaties with New Zealand and China to create even more world-class content. In addition to positioning Canada as a coproduction partner of choice, the new treaties put the Canadian audiovisual industry at the forefront and offer Canada a competitive advantage on the world stage.”
– The Honourable Mélanie Joly, Minister of Canadian Heritage
Canada has been coproducing for close to 50 years and has signed audiovisual coproduction treaties with 55 countries.
In the past 10 years alone, Canada has produced 643 audiovisual treaty coproductions, whose production budgets total $4.9 billion.
SOURCE Canadian Heritage