Toronto Film Critics to Offer Canada's Richest Film Prize

TORONTO – Canadian cable and mobile giant Rogers Communications has increased the Toronto Film Critics Association’s best Canadian film award from $15,000 to $100,000.

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That makes the Canadian film kudos the country’s richest movie prize, with two runners-up each receiving $5,000.

“Canadian film is competing on the world stage and with this extraordinary prize we hope to inspire this community to reach even higher,” Phil Lind, vice chairman of Rogers Communications, said in a statement Tuesday.

Philippe Falardeau’s Monsieur Lazhar won the 2011 Best Canadian feature prize at the TFCA awards.

The 16th annual awards, which honors films, directors, writers and actors in the main Oscar categories, is set to take place in Toronto on Jan. 8, 2013.