Public Financing

• La Financière des entreprises culturelles du Québec (FIDEC)
• Telefilm Canada

• La Financière des entreprises culturelles du Québec (FIDEC)

  Québec and foreign companies engaged in strategic alliances with a Québec company or which maintain a stable place of business in Québec and whose projects generate significant economic spin-offs in Québec are eligible for gap financing.

  Gap financing

  Gap financing is a bank guarantee evaluated according to the sales potential of the product on international markets. Such financing is intended above all for film and television productions:

  • A guarantee covering up to 40% of the financial structure;
  • A maximum of CAN $5 million per project;
  • A guarantee for a maximum of 36 months;
  • A maximum of 30% of the capital committed by FIDEC in respect of a given company.

  Investment by project

  An investment can be made in exchange for a share of the profits generated by the project and the sales of derivative products on international markets. This form of financing is intended mainly for the performing arts, i.e., productions that require heavy investment, and audiovisual and multimedia productions offering prospects of high return, such as musical comedies, the circus arts, the development of artists’ careers, animation productions, and IMAX productions:

  • A maximum of CAN $2 million per project;
  • A maximum of 10% of the capital committed by FIDEC with respect to a given company.

  For more information

  FIDEC

  215, Saint-Jacques Street, suite 800

  Montréal (Québec) H2Y 1M6

  Tel.: 514 940-2200

  Toll Free: 1 877 613-3312

  Fax: 514 940-1528

  Web Site: www.fidecinvest.com

• Telefilm Canada

  Telefilm Canada is a federal cultural agency dedicated to the development and promotion of the Canadian audiovisual industry. As one of the Canadian government’s principal instruments for providing strategic leverage to the private sector, it supplies the film industry with financial and strategic support.

  Coproductions

  The official coproduction agreements enable Canadian producers and their foreign counterparts to pool their creative, artistic, technical and financial resources to co-produce films and television programs that enjoy the status of national productions in each of the countries concerned. At present, Canadian producers may create joint works with their counterparts in more than 50 countries.

  For more information

  TELEFILM CANADA

  Siège social - Bureau du Québec

  360, Saint-Jacques Street, bureau 700

  Montréal (Québec) H2Y 4A9

  Tel.: 514 283-6363

  Toll Free: 1 800 567-0890

  Fax: 514 283-8212

  Web Site: www.telefilm.gc.ca