Comments on Funding:
Funding is 25% of the qualified Canadian labor expenditures incurred in respect of an accredited production.
- Canadian-controlled, based on sections 26 to 28 of the Investment Canada Act;
- not controlled directly or indirectly in any manner by one or more persons, all or part of whose taxable income is exempt from tax under Part I of the Income Tax Act (for example, tax-exempt non-profit corporations, charitable organizations, etc.); and
- not a prescribed labour-sponsored venture capital corporation, as defined in section 6701 of the Regulations.
Applicants must provide: