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urgent attention should be given to amending the National Film Act in a way that would more precisely identify the role of the Board and limit its field of activity to areas of film-production other than those which
the private sector is capable of handling.
The Canadian Film Development Corporation (CFDC)
Public concern about the slow and limited growth of the private sector of the Canadian film-production industry, attributed by many to the near-monopolistic attitudes of the National Film Board, was one of the factors leading to the appointment in 1965 of a committee of officials, headed by the then Chairman of the National Film Board, to advise the federal Government on the problems of the Canadian film industry as a whole. One of the recommendations of that committee led to the creation, in March 1967, of the Canadian Film Development Corporation, with the following statutory objects and powers: (16)
"The objects of the Corporation are to foster and promote the development of a feature film industry in Canada, and without limiting the generality of the foregoing, the Corporation may, in furtherance of its objects:
(a) invest in individual Canadian feature film productions in return for a share in the proceeds from any such production;
(b) make loans to producers of individual feature film productions and charge interest thereon;
(c) make awards for outstanding accomplishments in the production of Canadian feature films;
(d) make grants to film-makers and film technicians resident in Canada to assist them in improving their craft; and
(16) Canadian Film Development Corporation Act, sub-section 10(1).