Canadian producers stymied by Brexit waiting game

Like navigating througha thick London fog, Canadian TV and film producers trying to understandthe changing terrain of Europe see only uncertainty.

The results of the EUreferendum,where a slim majority of Britons voted to leave,caught manyCanadian producers off guard. John Weber is the CEO and president of Take 5, the company responsible for a string of European co-productions including the The Tudors, Camelot and Vikings,currently shooting its fifth season.

"We're obviously very excited about it.We'd like to see it keep going for a few more seasons, so we want to make surenone of this stuff is going to impede our abilities to finance the show," Weber says.

Losing the U.K. talent pool

Vikings is shot in Europe as a co-production between Canada and Ireland. As part of the agreement, productions can access cast and crew from other European Union member states, including the U.K.

But an exit from the EUcould change that, says Weber.

"Not having the U.K. fall under that definition anymore, that's a significant loss of talent pool. We have a number of U.K. cast members. Ourwriter is [from the] U.K.,our directors," he said.

Losing Britishcast and crew members would have a serious impact on Vikings.Weber would like to see Telefilm or other government agencies intercede to amend certain provisions.

Vince Commisso,the CEO and president of 9 Story Media Group, isalso hoping future agreements could be changed to ensure the free flow of talent. He believes given the importance of their industry, certain allowances permittingparticipation of U.K. employees in the EUcould be written into new treaties.

A powerhouse of children's programming, 9 Story creates and distributes familiar children's brands such as Peep, Barney and Arthur. Last year, itacquiredBrown Bag Films, a European-basedanimation studio that produces the hit show Doc McStuffins.With facilities in both Manchester and Dublin, they have a foot on both sides of the Brexit dilemma. (The Republic of Ireland remains a member of the EU, but Britain has voted to leave).

While this gives9 Story a hedge against potential Brexit developments,Commisso is also worried about travel restrictions.

"That's our biggest concern actually. It's true certainly of Dublin,it's also true of our Manchester facility where we have 20 employees that come from other parts of Europe."

CBC News contacted Telefilm and theCanadian Heritage department for a statement onBrexitandthe consequences for Canadian creators. Telefilm described the issue as a "macro treaty level issue," which falls under the jurisdiction of Canadian Heritage. As ofpublication time,Heritage hasyet to respond.

The Canadian Media ProducersAssociation is also monitoring the impact of Brexit.In a statement released to CBC News,the grouphighlighted additional factorsthat could impact producers, including:

• The ability of Canadian-U.K. co-productions to access EU funding support.

• Currency exchange rates between the British pound, the euro and the Canadian dollar

Falling British pound, rising opportunities?

Some have suggested aplummeting British pound (currently at its lowest point since 1985) could be a silver lining, making Britain a more attractive location in the eyes of producers.

Take 5's John Weber says they already get a lot of calls from British producers and broadcasters looking to partner with Canada. Weberthinksthe lower currency could elevate interest, but he points out that only being able to access talent and financing in one country, as opposed to all of the EU, isn't as attractive.

In the short term, mostCanadian productions are moving ahead with plans, while hoping if Brexit does come to pass, a new round of negotiations will continue the freeflow of talent that hasmade Europesuch an attractive location for producers.