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Coproductions are a key component of
Canadian film and television production. They are a
favoured method of penetrating new markets and facilitating
project financing. Canadians are very active in the
coproduction area. They promote quality and demonstrate
remarkable energy and understanding of markets, making
them valued, sought-after partners. Telefilm administers
coproduction agreements on the Canadian government's
behalf. 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. The volume of Canadian production
activity is close to an average of $535 million a year,
for the past three years.
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