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INDEPENDENT PRODUCTION FUND ANNUAL REPORT

TABLE OF CONTENTS Board of Directors and Management... 3 Overview and Message from the President... 4 Statistics... 5 Series... 7 Professional Development and Training... 10 Independent Production Fund 2 Carlton Street, Suite 1709 Toronto, Ontario M5B 1J3 Tel: 416.977.8966 Fax: 416.977.0694 E-mail: info@ipf.ca www.ipf.ca 2

BOARD OF DIRECTORS 1 2 3 4 5 6 7 1. Peter Mortimer - President Peter Mortimer, President of AVA Communications, is a writer/producer and international communications consultant. He sits on the Board of Directors of the Cogeco Program Development Fund as well as the Cogeco Selection Committee. 2. Robert Roy - Vice-President Robert Roy is Chairman of the Board for FIFEM (Montreal International Children's Film Festival). He also sits on the Board of Directors and the Selection Committee of the Cogeco Program Development Fund. 3. Denise Robert Denise Robert is president of Cinémaginaire inc., an Academy award-winning producer, she has received international recognition by winning the Oscar for Best Foreign Language Film for The Barbarian Invasions. She has produced some of Canada's most successful films such as Mambo Italiano, Wedding Night, Alys Robi. She has been awarded numerous distinctions including "Chevalier de l'ordre des arts et des lettres" by the French Minister of Culture. 4. Paul Gratton Paul Gratton is Vice-President and General Manager of Space, The Imagination Station; Drive-In Classics; and Vice- President of Bravo!, Canada's 24-hour NewStyleArtsChannel. He is also Chair of the Academy of Canadian Cinema and Television and Vice-Chair of its Cinema Division. He serves on the Canadian Feature Film Fund Advisory Group and previously served as CEO of the Ontario Film Development Corporation. 5. Heather McGillivray Heather McGillivray is a lawyer and President of MacStar Communications Inc. She has experience in distribution and production as a former owner of Ironstar Communications and in broadcasting as Vice President Programming for Family Channel 6. Roman Melnyk Roman Melnyk is a lawyer and broadcasting consultant. He was formerly Vice President, Business Affairs, at CTV and Network Program Director and Executive Director of Media Operations at the CBC. 7. Charles Ohayon Charles Ohayon has worked in television, public relations and film since 1979. He produced commercials at Films 24 and Cléo 24 where he was President. From 1994 to 1998 he was the Director General of Programming (Television) for the Société Radio-Canada. He was a member of the Board of Directors of the APFTQ and the CTF as well as the Academy of Canadian Cinema and Television. He is on the Board of Montreal's Festival du nouveau cinema and is presently the Director General of the Institut national de l'image et du son. ADMINISTRATION Toronto Office Sasha Boersma, Program Manager Lauren Sloan, Administrative Assistant Montréal Office Huguette Giroux, Executive Assistant Joanne Duguay, Coordinator Andra Sheffer Executive Director Claire Dion Associate Director Charles Zamaria Financial Director 3

PRESIDENT'S MESSAGE Canadian drama series are fighting for the eyeballs of Canadian viewers and all indications are that there is great hope this battle may yet be won in 2006. Our broadcasters are programming and scheduling in creative ways: partnering, taking advantage of alternate "windows" and specialty channels available to them, and trying out "blocks", "themes", "encores" and enhanced websites to reach their audiences whenever and wherever they are. Their positive balance sheets should be good news for the whole production chain. There are even new broadcasters unable to resist the lure of the challenges and rewards of dramatic production. Creating even more of an impact is the content we are seeing on our television screens. From the sandy beaches of Falcon Beach to the ski slopes of Whistler, Canadian drama is rooting itself in visible locations reflecting our country, with visible minorities reflecting our communities, and with visible sex and violence reflecting audience appeal, and finally with visible promotion reflecting a key missing ingredient in the recipe for success. In a cunning reverse manoeuvre, it is Canadian values that are infiltrating the psyche of American youth as Degrassi: The Next Generation's popularity sweeps American teen television. Meanwhile, how much more topical can you get than bioterrorism, infected chickens and the Ebola virus - all foreshadowed in ReGenesis? Escape reality with Nos Etés, or don't, with Le Négotiateur. There is something now for every taste - and the kitchen of Godiva's brings us that, and a whole lot more. The Independent Production Fund continues to seek out the gems, the dramatic series that will make us all proud. The efforts are being made by the production community, and we are pleased to play a supporting role. Peter Mortimer President F A Q s W H A T? IS IT Production financing for dramatic television series and grants for professional development programs. W H O? IS IT FOR Canadian independent producers with a private broadcaster first-window licence commitment. W H A T? DO YOU GET Approximately $2.5 million a year is available for equity investments. H O W? DO YOU GET IT Application deadlines are March 15, May 1 and October 15 each year. The Board of Directors evaluates all eligible applications based on quality, creativity, business plans and financial viability. 4

STATISTICS INVESTMENTS IN THE CANADIAN TELEVISION INDUSTRY DOLLARS INVESTED INVESTMENTS BY LANGUAGE (SERIES) DOLLARS INVESTED NUMBER OF PROJECTS Category 2005 1991-2005 2005 1991-2005 Series 1,960,000 38,258,407 (1) 12 197 (2) Professional Development 178,000 3,189,475 14 249 TOTALS $2,138,000 $41,447,882 26 (1) Includes $647,678 in funding for Pilots 1991-1997 (2) Includes 17 pilots funded 1991-1997 NUMBER OF PROJECTS 2005 1991-2005 2005 1991-2005 English 1,300,000 23,668,226 8 110 French 660,000 13,942,503 4 70 TOTALS $1,960,000 $37,610,729 12 180 446 INVESTMENTS BY REGION (SERIES) BRITISH COLUMBIA 2005 1991-2005 INVESTED: $1,960,000 SERIES: 12 INVESTED: $37,610,729 SERIES: 180 $550,000 Series: 2 3,500,353 Series: 17 PRAIRIES $175,000 Series: 2 $3,394,396 Series: 20 ONTARIO $575,000 Series: 4 $15,245,460 Series: 66 QUÉBEC $660,000 Series: 4 $14,720,52 Series: 74 MARITIMES $0 Series: 0 $750,000 Series: 3 5

STATISTICS CONTINUED 2005 SERIES 1991-2005 SERIES PRIMETIME Investment: $1,125,000 Hours: 44 Projects: 5 FAMILY Investment: $635,000 Hours: 37 Projects: 5 PRIMETIME Investment: $22,884,576 Hours: 971.5 Projects: 88 FAMILY Investment: $14,726,153 Hours: 721.5 Projects: 72 TOTAL: $1,760,000 TOTAL: $37,610,729 FIRST WINDOW BROADCASTER OF IPF FUNDED SERIES (1991-2005) TOTAL PROJECTS: 180 APTN CFCF CHUM CTV Family Global Groupe TVA Séries+ Showcase Teletoon TMN TQS Treehouse VRAK.TV WIC/ITV YTV 3 1 4 30 10 19 37 1 2 2 2 8 1 23 4 32 6

SERIES Degrassi: The Next Generation (Season 5) Epitome Pictures Inc. 13 x 30 minutes; CTV exec. p.: Stephen Stohn, Linda Schuyler p: Linda Schuyler d: Phil Earnshaw, Stefan Scaini, Elanore Lindo In its 5 th season this provocative and honest drama deals with issues from mental illness and violence, to friendship and dating - no issue seems small at this point in teen lives. Falcon Beach (Season 1) Original Pictures & Insight Productions 13 x 60 minutes; Global exec. p.: John Brunton, Barbara Bowlby, Kim Todd p: Shannon Farr, John Murray, Kim Todd d: Norma Bailey, Bill Corcoran, Drew Potter In the hot summer months the wealthy cottagers and the Falcon Beach "townies" collide. This series focuses on a group of teens as they work through relationships, love, lust, jealousy, prejudice, class conflict and rejection, all while partying and playing in the sun! Godiva's (Season 2) Keatley Films 13 x 60 minutes; CHUM exec.p.: Julia Keatley, Michael MacLennan p: Gigi Boyd Godiva's takes place in the high-pressure, fast-paced world of the restaurant business and explores the entwined private lives of the young urbanites that populate it. Il était une fois dans le trouble (Season 2) Zone 3 XVI-inc. 26 x 30 minutes; VRAK.TV p: Jacques Payette d: Brigitte Couture, Johanne Loranger Sitcom about a group of adolescents running a small business - loans for services of any and all kinds 7

SERIES CONTINUED Instant Star (Season 2) Epitome Pictures Inc. 13 x 30 minutes; CTV exec. p.: Stephen Stohn, Linda Schuyler p: Linda Schuyler, Stephen Stohn d: Pat Williams, Graeme Campbell, Thom Best Having won a record contract and made her first album, Jude copes with life as a full-blown celebrity. How Jude deals with the pressures of fame is one thing, but what about the people she loves who never signed up for it? Life with Derek (Season 2) Shaftesbury Films & Pope Productions 13 x 30 minutes; Family Channel exec. p.: Christina Jennings, Daphne Ballon, Scott Garvie, Paul Pope p: Suzanne French, Laurie McLarty d: Ron Murphy, Paul Fox, Steve Wright, Benji Weinstein A sitcom for tweens that follows the antics of a newly blended family, focusing on the nightmare relationship of Casey, 13 and her new step-brother Derek, 14. Each episode depicts a comic war as two self obsessed teenagers fight a take-no-prisoner's battle for the house, using their siblings, friends and blackmail as leverage. Le Négociateur (Season 2) Sovimed inc 8 x 60 minutes; Groupe TVA exec p. Sophie Deschênes p. Vincent Gabriele d. Sylvain Archambault Max Cloutier is well established now as an intermediary who negotiates between police and criminals. Among his various "cases", he takes one to heart: helping to prove the innocence of a person unjustly accused of a crime she did not commit. Nos étés (Season 2) Duo Productions & Cirrus Communications 5 x 60 minutes; Groupe TVA p: Anne Boyer, Michel d'astous, Jacques Blain, Josée Vallée d: Alain Desrochers 1922: the roaring twenties, a time of partying and excess. This carefree atmosphere hides a profound malaise at the estate Domaine des Salines. 8

SERIES (CONTINUED) ReGenesis (Season 2) Shaftesbury Films 13 x 60 minutes; Movie Central, TMN, Global exec p. Christina Jennings p. Christina Jennings, Jamie Paul Rock, Scott Garvie d. Don McBrearty, John L'Ecuyer Drama series exploring the cutting edge world of biotechnology and genetics and its implications for mankind. Each week lab employees at NORBAC (North American Biotech Advisory Committee) seek to investigate instances of questionable science and face topical and ethical dilemmas stemming from experimentation gone wrong - sometimes with lives hanging in the balance. Renegadepress.com (Season 3) Vérité Films 9 x 30 minutes; APTN, SCN, Global, Knowledge, TFO exec p. Virginia Thompson p. Virginia Thompson, Robert de Lint d. Robert de Lint, Jeff Beesley, Rob King, Lorne Cardinal A group of teens operate an ad hoc internet newspaper in order to get the story straight on issues and events in their lives and their world. Season 3 deals with issues such as; crystal meth, deportation, life on native reserves, child abduction, gay couples and camera phones. Vice caché (Season 2) Sphère Média 2001 inc 9 x 60 minutes; Groupe TVA p. Joycelyn Deschênes, Sophie Pellerin d. Claude Desrosiers As the second season begins, Michel and Danielle are taking a break in their relationship. Hearing this news, other couples in their suburban neighbourhood can't help but wonder if they too are not made for life together Whistler Boardwatch Productions & Blueprint Entert 13 x 60 minutes; CTV exec p. Kelly Senecal, Sam Feldman, Janet York, John Morayniss, Noreen Halpern, Tony Blake, Paul Jackson p. Janet York d. Russ Cochrane When 18-year old snowboard star Beck dies, his brother sets out in search of the truth and realizes that his brother's life was full of secrets and lies. Below the tourist friendly façade of Whistler lurks a dark side of sex, drugs and excess that will rise to the surface. 9

PROFESSIONAL DEVELOPMENT PROJECTS WORKSHOPSTRADE FORUMS AWARDSFILM FESTIVALS TELEVISION FESTIVALSSEMINARS ACADEMY OF CANADIAN CINEMA AND TELEVISION Prix Gémeaux 2005 November 17-19, 2005 Toronto, Ontario Gemini Awards 2005 December 3-4 2005 Montréal, Québec ALLIANCE FOR CHILDREN AND TELEVISION Awards of Excellence 2005 June 1, 2005 Toronto, Ontario Youth and Media Conference 2005 November 10, 2005 Toronto, Ontario ATLANTIC FILM FESTIVAL Inspired Series and Program (25th Annual Festival) September 15-24, 2005 Halifax, Nova Scotia BANFF WORLD TELEVISION FESTIVAL Banff 2006 June 11-14, 2006 Banff, Alberta CANADIAN SCREEN TRAINING CENTRE Summer Institute of Film and Television (SIFT) 2005 May 31- June 5, 2005 Ottawa, Ontario CREATIVE WOMEN WORKSHOPS ASSOCIATION Women in the Director's Chair 2006 December 9, 2005 - February 5, 2006 Banff, Alberta INIS - INSTITUT NATIONAL DE L'IMAGE ET DU SON Programme de formation en télévision 2005 Spring 2005 Montréal, Quebec Réédition du guide «Produire? D'une idée à l'écran» December 14, 2005 Montréal, Quebec NATIONAL SCREEN INSTITUTE Television Day 2006 March 3, 2006 Winnipeg, Manitoba SMPIA - SASKATCHEWAN MOTION PICTURE ASSOCIATION Saskatchewan Film and Video Showcase 2005 November 16-18, 2005 Regina, Saskatchewan VANCOUVER INTERNATIONAL FILM FESTIVAL Trade Forum 2005 (20th Annual) September 28-30, 2005 Vancouver, British Columbia 10