Telefilm Canada is a federal cultural agency dedicated primarily to the development and promotion of the Canadian film, television, and new media industries.
Originally founded as the Canadian Film Development Corporation in 1967, which marked the beginning of federal government efforts to promote the development of a Canadian-owned and -controlled film industry. The CFDC was renamed to Telefilm Canada in 1984.
The Corporation now provides financial assistance and strategic leverage to the industry in producing high-quality works - e.g. feature films, drama series, documentaries, children's shows, variety/performing arts programs, and new media products - that reflect Canadian society, including its linguistic duality and cultural diversity.
Under Pierre Des Roches's directorship (1988-94), Telefilm was put on an increasingly businesslike basis, shifting its role in film and television projects to that of an investor, not a subsidizer.
Telefilm worked closely with the growing number of provincial film agencies which appeared in the 1980s.
TelefilmCanada has played a vital role in developing a Canadian film and television industry.
TelefilmCanada is a Crown Corporation of the federal government.
Telefilm is neither a producer nor a distributor and it is not equipped with a production studio; instead, it acts primarily as a banker and deals principally with independent Canadian producers.
Unlike the National Film Board of Canada (NFB), or the Canadian Broadcasting Corporation, the CFDC was expected to become a self-financing agency, interested as much (if not more) in the profitability of the films it supported as in their contribution to Canada's cultural life.