Should Bill C-10 become law, a committee of Heritage Ministry’s smut-, hate- and violence-hunters could deny tax credits to a completed film, even one in which the government had invested up front. From that day, no fiscally responsible institution would feel comfortable offering interim financing to any film. Imagine a charity trying to raise funds with tax receipts that may or may not be valid.
The Heritage Ministry can renege on its previous commitments mid-process, in other words.
Good piece from George Jonas.