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Canadian Television Fund Renewal Ensures Continued Growth of Television Industry

Toronto, January 27, 2009 – The Canadian Television Fund (CTF) today thanked the Government of Canada for its decision to renew the Fund at the current level for two years.
“The Government’s commitment to Canadian television ensures the continued viability of this growth industry,” said Valerie Creighton, President and CEO of the CTF. “It enables Canadian producers to continue innovating and creating shows that are successful both at home and abroad. It strengthens the Canadian economy by sustaining over 22,000 jobs generated by CTF-funded shows and by advancing the already expansive global sales of these productions. And it gives Canadians inspiring and entertaining television shows to watch.”
In its presentation at the CRTC’s Public Hearing into the future of the Fund in February 2008, the CTF demonstrated that it is a market-driven organization. Through its extensive experience in policy development and funding delivery, the CTF is an effective and efficient instrument to balance the varying cultural and commercial objectives of an extensive number of industry stakeholders. “We acknowledge the diligent work conducted by the Honourable James Moore, Minister of Canadian Heritage and Official Languages, and Department officials in reaching this decision, and we are pleased that the Government recognizes the pivotal role of the CTF in the growth of the television industry,” added Paul Gratton, Chair of the Board of the CTF. “The CTF is committed to collaborating with its funders and the industry to build on the success of Canadian television production.”
Fostering the growth of television production in Canada through financial investment and industry research, the Canadian Television Fund (CTF) supports the development of Canadian talent, programs, and audiences. Since 1995, the CTF has contributed to the creation of over 27,000 hours of Canadian programming and has infused over $2.7 billion into the industry, triggering the production of over $9 billion of Canadian programming. CTFsupported productions have cultivated thousands of jobs in the Canadian television sector. For more information about the CTF, visit our website at www.ctf-fct.ca.

Media Inquiries:
Betsy Chaly
Director, Communications
Canadian Television Fund
bchaly@ctf-fct.ca
(416) 214-4441

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