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Telefilm Canada Investment in Feature Films: Empirical Foundations for Public Policy

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  • Adam Finn
  • Colin Hoskins
  • Stuart McFadyen

Abstract

The most important current approach to supporting the feature film industry is through direct investment by Telefilm Canada. In this paper we set out to provide empirical foundations to guide Telefilm's investment strategy. To provide context for the empirical analysis, the rationale for government subsidy is analysed to determine the appropriate goals for such a strategy. Our empirical analysis is primarily designed to determine whether, as is commonly supposed, these goals are in conflict and hence policy-makers are inevitably faced with difficult trade-offs. We find that, generally speaking, this is not the case. Our empirical work also sheds light on the advisability of the Federal Government's general policy direction away from tax incentives and toward direct investment and negotiation of international co-production treaties.

Suggested Citation

  • Adam Finn & Colin Hoskins & Stuart McFadyen, 1996. "Telefilm Canada Investment in Feature Films: Empirical Foundations for Public Policy," Canadian Public Policy, University of Toronto Press, vol. 22(2), pages 151-161, June.
  • Handle: RePEc:cpp:issued:v:22:y:1996:i:2:p:151-161
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    Cited by:

    1. M. Bagella & L. Becchetti, 1999. "The Determinants of Motion Picture Box Office Performance: Evidence from Movies Produced in Italy," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 23(4), pages 237-256, November.

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