| Services juridiques Sisto droits des affaires et du divertissement
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What is the difference between an official co-production and a CRTC co-venture?
| Canada is a signatory to over 50 film production treaties. If a production qualifies under one of the treaties, its treaty status enables the Canadian co-producer and its foreign co-producing partner to pool their creative, artistic, technical and financial resources to co-produce the film or television program and continue to qualify as a national production in each of the respective treaty countries (which usually means access to improved tax credits and broadcaster / distributor licenses). Where a production does not qualify as an official treaty co-production (this is always the case when the screenwriter or a co-producing partner is American), the CRTC co-venture may be a viable alternative. If a production receives "special recognition" as a CRTC co-venture, a Canada - U.S. co-production may qualify as "Canadian content" for broadcast purposes (Although it would not qualify for Canadian content tax credits or Telefilm Canada or CTF funding). Since Canadian broadcasters are legally required to include a minimum threshold of "Canadian content" in their programming, a CRTC co-venture is more likely to be sold to a Canadian broadcaster and will probably garner a more attractive license fee. |
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