EYE ON THE WORLD 2017-2018 ANNUAL REPORT TABLE OF CONTENTS MANAGEMENT COMMUNITY 1 HIGHLIGHTS 16 DISCUSSION 77 AND ANALYSIS INVOLVEMENT INDUSTRY AND 5 ACHIEVEMENTS 17 ECONOMIC CONDITIONS 78 TALENT FUND CORPORATE 7 EXECUTIVE SUMMARY 24 PLAN DELIVERY 85 GOVERNANCE FUNDER FINANCIAL 9 ABOUT US 29 103 STATEMENTS MESSAGE FROM PROMOTER ADDITIONAL 12 THE ACTING CHAIR 39 124 INFORMATION MESSAGE FROM 14 THE ACTING 50 THOUGHT LEADERSHIP EXECUTIVE DIRECTOR 56 ADMINISTRATOR 64 FINANCIAL REVIEW 74 RISK MANAGEMENT Telefilm Canada / 2017-2018 Annual Report 1 HIGHLIGHTS As Canada celebrated its 150th anniversary, the world looked to our nation and connected with our culture of inclusion. This important event was the ideal opportunity to promote Canadian talent like never before, attracting audiences and shining brightly around the world. Now, with over 50 years of success under its belt, the Canadian audiovisual industry—supported by Telefilm—can only look forward and See Bigger! CANADIAN CANADA LEGENDS SCORES AT THE 1 Jennifer Baichwal and Nick de Pencier’s Long Time Running BOX-OFFICE paid tribute to iconic Canadian band The Tragically Hip and legendary frontman Gord Downie, as their 2016 tour that captured the heart of our nation. OVER $7M AROUND $3M Long Time Running OVER World premiere at TIFF $1M 1. Box-office sales are reported on a calendar-year basis. Telefilm Canada / 2017-2018 Annual Report 2 HIGHLIGHTS CANADIAN FILMS FUNDED BY TELEFILM GENERATED SALES OVER $3M SINCE 20132 • Hector and the search for Happiness • Born To Be Blue • Life • Goon • Maps to the Stars • Hyena Road • Mommy • Louis Cyr • Brooklyn • Passchendaele • Maudie • Enemy • Snowtime! • Remember • Room (La guerre des tuques 3D) • The Art of the Steal • The F Word (What If) • The Captive • The Calling • The Young and Prodigious • The Colony • The Journey Home T.S. SPIVET • The Grand Seduction $3M TO $5M $10M AND + $5M TO $10M 2. Based on Telefilm’s analysis of gross sales reported between 2013 and 2017 amounting to $165M. Gross sales include the share of all revenues pertaining to the production (Box office sales, TV and home video, among others). Telefilm Canada / 2017-2018 Annual Report 3 HIGHLIGHTS CANADA SHINES ACROSS THE GLOBE Academy Award nomination for At the Berlinale, Luc Picard’s Nora Twomey’s The Breadwinner, Les Rois mongols wins the Crystal Bear the animated adaptation of Deborah Best Film in the Children’s Jury Generation Ellis’s internationally acclaimed KPLUS competition children’s book Pascal Plante’s Les Faux tatouages Mina Shum’s Meditation Park is honoured at Slamdance and is selected at the International nominated at Berlin Film Festival of India in Goa and TIFF Telefilm Canada / 2017-2018 Annual Report 4 HIGHLIGHTS CANADA TOOK CENTRE STAGE AT PRESTIGIOUS INTERNATIONAL FILM FESTIVALS As the Country in Focus at the 2018 European Film Market— Through a Country of Focus: Canada section at the 48th International the Berlin International Film Festival’s audiovisual market. Film Festival of India in Goa. With a Spotlight on Canada at the 20th Guanajuato International At the Glasgow Film Festival, where Canada 150 was celebrated Film Festival in Mexico. with the True North: New Canadian Cinema showcase. Telefilm Canada / 2017-2018 Annual Report 5 ACHIEVEMENTS $ FUNDER MEASURES TO ENSURE INCLUSION FOCUS ON EXPORT AND COPRODUCTIONS Implementation OVER $5M Canada’s first year in of five-step action plan in funding support Telefilm financed EURIMAGES to achieve allocated to 17 OFFICIAL yields support for GENDER PARITY INDIGENOUS TREATY 7 CANADIAN by 2020 CREATORS COPRODUCTIONS PROJECTS amounting to amounting to INDIGENOUS SCREEN OFFICE $24M 2.2M EUROS developed through industry-wide collaboration SHAPING THE FUTURE TALENT TO WATCH THEATRICAL EXHIBITION PROGRAM Telefilm will host representatives from PROGRAM will boost its support EURIMAGES IN MONTRÉAL will support programming for emerging filmmakers with delegates representing and foster public access to to finance 37 EUROPEAN COUNTRIES CANADIAN FILMS 50 FILMS ANNUALLY PROMOTER DISCOVERABILITY – ACCESSIBILITY – REACHING AUDIENCES RENDEZ-VOUS 75 FILM FESTIVALS CANADA ITUNES NEW RDVCANADA.CA CANADA NOW and boutiques now open website brings Canada arthouse screenings 80 EVENTS for business in to the world with industry launch in the connect with filmgoers Canada, Germany, and production news and United Kingdom, and industry members the United States, partnership possibilities Mexico and China across Canada and soon in France and the United Kingdom MOVIE NIGHTS ACROSS CANADA Celebrates Canada 150 from coast-to-coast-to-coast with 10,000 IN ATTENDANCE AND 9 MILLION REACHED ON SOCIAL MEDIA Telefilm Canada / 2017-2018 Annual Report 6 ACHIEVEMENTS THOUGHT LEADERSHIP CANADIAN AUDIENCE REPORT ACROSS THE GLOBE ECONOMIC IMPACT reveals how Canadians engage Telefilm’s supported Detailed case studies with content, screens and industry conferences and highlight film viewing platforms thought leadership events production benefits TELEFILM LAUNCHES ITS NEW 2018-2020 STRATEGIC PLAN SEE BIGGER STRATEGIC PRIORITIES INCLUDE To foster innovation To stimulate export of Canadian content To strengthen Canadian talent’s position on the international market To continue improving the organization’s overall performance ADMINISTRATOR DIALOGUE CLIENT SATISFACTION – the organization’s digital transformation catalyst – level remains strong at continues its deployment, with completion expected 85% in fiscal 2018-2019 $106.3M Telefilm wins the $0.5M Additional government financing GOLD AWARD OF EXCELLENCE ADMINISTRATIVE enables Telefilm’s support to reach IN CORPORATE REPORTING BUDGETARY SAVINGS ITS HIGHEST LEVEL SINCE from the Chartered Professional transferred back 2010-2011 Accountants of Canada into funding programs Telefilm Canada / 2017-2018 Annual Report 7 EXECUTIVE SUMMARY Fiscal 2017-2018 was a pivotal year for Telefilm Canada. As our PROMOTION AND EXPORT: nation celebrated its 150th anniversary of Confederation, Telefilm REACHING AUDIENCES EVERYWHERE also marked a half-century of developing and promoting Canada’s Telefilm expanded its presence and promotional efforts to connect film industry. Canadian content and talent with audiences around the world. Canada’s 150th anniversary was commemorated by celebrations GOVERNANCE IN TRANSFORMATION and honours on the international scene. In particular, Canada shone brightly in Germany, as the Country of Focus at the 2018 In 2017-2018, Telefilm delivered the third and final year of its European Film Market in Berlin; in Mexico, at the 20th Guanajuato strategic plan, Inspired by Talent. Viewed Everywhere., under the International Film Festival; in Scotland, at the 2018 Glasgow Film stewardship of our longstanding leaders—former Chair of the Festival; in India, at the 48th International Film Festival of Goa; and Board Michel Roy and former Executive Director Carolle Brabant. in China, at the Ullens Center for Contemporary Art in Beijing. Both took well-deserved bows and left significant legacies that first began when they dared the industry to change. The transition Export activities were bolstered with the deployment of our new to G. Grant Machum and Jean-Claude Mahé, Acting Chair and international website RDVCANADA.CA, which offers a rendez-vous Acting Executive Director respectively, proved successful, while with Canadian content and talent in the world’s spotlight, including the processes began for selecting Governor in Council appointees. at festivals and markets around the globe. Additional funding also enabled the expansion of international initiatives such as the INCREASED INDUSTRY SUPPORT Canada Now arthouse tour in the United States, Mexico, United Kingdom and China. Furthermore, the Eye on TIFF Telefilm’s industry support reached $106.3 million, the highest screenings added events in Paris and London, and the level since 2010-2011. This support was driven, in part, by an RENDEZ-VOUS CANADA iTunes boutiques brought Canadian additional $5 million annually, as announced in the 2016 federal films to over 350,000 viewers in Canada, the United States, budget, and a one-time transfer of $2.5 million from the Department Germany and France. of Canadian Heritage. At home, Telefilm focused on the discoverability of new talent and access to content across the country. Telefilm increased the number of national promotional initiatives it supports by 17%, $106.3 MILLION supporting 75 Canadian film festivals and 80 industry activities HIGHEST LEVEL OF INDUSTRY SUPPORT in all. Finally, at its apex, the Movie Nights Across Canada red SINCE 2010-2011 carpet screenings of Canadian films drew 10,000 moviegoers and 106.3 over 9 million fans on social media. 104.7 101.7 97.4 98.3 95.7 93.4 90.4 2010-2011 2017-2018 Telefilm Canada / 2017-2018 Annual Report 8 EXECUTIVE SUMMARY FUNDING PROGRAMS FOR THE FUTURE A RESPONSIBLE ADMINISTRATOR Fiscal 2017-2018 also marked a turning point for Telefilm as Telefilm ensured that organizational excellence was maintained a funder. Telefilm led an industry-wide effort to ensure that the through measurable objectives. Our client satisfaction surveys Canadian audiovisual sector was more inclusive: we implemented revealed an above-target satisfaction rate of 85%, and our structural changes aimed at achieving gender parity, ensuring management expense ratio, at 5.7%, met expectations. Indigenous representation, encouraging diversity, and bolstering Other performance indicators were refined to ensure that maximum support for emerging talent. value is delivered to the industry.