The Canadian government's bailout of a virtually idle film and TV production sector is gathering pace. Ottawa's latest cash drop for content producers impacted by the COVID-19 crisis will see 75 percent of the wages paid by entertainment companies subsidized so they can stay in business.
To qualify, locally-owned companies must show their revenues have fallen by at least 30 percent and must keep paying their employees and not lay them off. "This will help everyone affected to bridge to better times," Canadian Prime Minister Justin Trudeau told a press conference in Ottawa on Monday.
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