Ottawa outlines details of $600M for CanCon in latest budget

By Anja Karadeglija The federal government has released details on how its promised $600 million for Canadian content will be spent, and the Canada Media Fund is getting the largest chunk. The fund will receive $213.4 million that the government says will support the industry in a variety of ways, including through production and promotion of content. Various independent production funds will receive $185.1 million and the independent local news fund is getting $80 million of that sum. Other allocations include $67 million for the Canada Music Fund, $51 million for the Indigenous Screen Office and $68.5 million for Telefilm Canada. While the government promised the industry $600 million in annual funding last June, last week’s federal budget only allocated funding for this fiscal year. The direct funding is meant…

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