The Canadian Radio-television and Telecommunications Commission (CRTC) proposed establishing a funding initiative that would focus on facilitating the production and broadcast of high-quality Canadian television programs in under-represented categories during peak viewing periods. Its revenues were to come from contributions by broadcasting distribution undertakings (i.e., cable and direct-to-home satellite providers) at a certain percentage of their revenues.
The CTF provides financing for the development, production and broadcast of Canadian-made programming in French, English and Aboriginal languages in the following genres: Drama, Children's and Youth, Documentary, and Variety and Performing Arts.
The CTF provides four types of contributions to projects: repayable advances (development); grants (versioning); licence fee top-ups (production); and equity investments (production).
The CTF makes financial contributions through five funding streams: Broadcaster Performance Envelopes, Development, French-language Projects Outside Quebec, Aboriginal-language Projects, and Versioning Assistance.
The level of the CTF's contribution to a production varies by genre, language and the stream of funding through which the contribution is obtained. Each funding stream may provide a mix of licence fee top-ups and equity investments, according to a set formula.