Canadian producers are applauding a new temporary federal relief fund to help film and television productions that have been stalled by a lack of COVID-19 insurance.
On Friday Heritage Minister Steven Guilbeault announced the $50-million fund as a short-term measure that will be managed through Telefilm Canada and the Canada Media Fund.
The fund will offer productions a maximum compensation of $1.5 million in the case of a temporary interruption and $3 million in the case of a complete shutdown of production.
“There’s rarely been a single issue affecting this industry as profoundly as this one, so obviously the news is very welcome,” said Calgary-based “Wynonna Earp” producer Tom Cox, who’s been waiting for months for such a relief measure so he can move forward on some upcoming productions.
“There were literally tens of thousands of jobs and hundreds of millions of (dollars in)