Telefilm Canada’s Success Index (60% box office, 30% cultural significance and 10% private investment) may be reducing the number of production companies able to secure development funding for new projects.

Groups of filmmakers are now complaining that only senior producers can qualify.

See the National Post article.

My take: Stop chasing elusive government funding and come up with new ways to finance your (albeit cheaper) films. It won’t be long before the whole regime is toppled as catering to special interests and all of Telefilm’s money goes to the CMF for televison.