The Film Industry in Canada: A Report (1977)

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215 Accelerated capital cost allowances for producers and theatre owners. Grants and awards for excellence and the promise of excellence. Joint international film agreements. The establishment of a Canadian film registry office. Consideration of the need for public inquiries into such matters as "block-booking," "packagedeals. ete. Analysis of the value of and need for quota systems. The establishment of a film development corporation and of a film industry advisory committee. The Firestone proposal set the stage for a variety of legislative proposals, some of which have been formally adopted. In fact, over the past decade most of the recommendations were adopted in one form or another but not as a comprehensive package. An initial action by the government was the establishment of a Crown corporation, the Canadian Film Development Corporation, on March 3, 1967. The corporation was established on similar jines to the Industrial Development Bank (IDB) and modelled on the National Film Finance Corporation in Great Britain. In addition to administering a $10 million revolving fund, earmarked from the Consolidated Revenue Fund, the CFDC was given the power to provide grants and awards to film producers. Among the powers given to the corporation in fostering and promoting the development of a feature film industry in Canada, the Corporation may also: