Heritage unveils $50M short-term compensation fund to ease insurance crisis

Big Announcement is a Big Step in Reopening in the Industry

The Short-Term Compensation Fund for Canadian audiovisual productions is a temporary measure administered by Telefilm Canada, which will fill the void left by the lack of insurance coverage for filming interruptions and production shutdowns due to COVID-19 in the audiovisual production sector. The fund will make as much as $50 million available for the industry.

Read the press release here.

Go more in-depth on playbackonline.ca.