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Article Search Advanced Search Canadian Dollar Rises, Canadian Post Industry Falls By Neal Romanek Jul 6, 2007, 08:17 Darwin's survival-of-the-fittest theory is gripping Canada's post-production service sector. The rising loonie has already killed off some 20% of this country's foreign post biz, according to Toronto-based indie post coordinator Gregor Hutchison (Outlander, The Stone Angel). "The new loonie world is certainly eating into work coming in, especially American work," he says. Post is typically affected about six to nine months after the production sector, so of course the ripple effect means this sector is also feeling the fallout from the ACTRA strike that effectively ended in February. When the loonie is over $0.90 against the American greenback (at press time, it was at $0.95), the profitable service work looks lean, and the indigenous Canadian productions shimmer like gold. In fact, it's the Canadian productions that keep the sector alive and healthy. Click here to read the entire article by Susan Ayscough at Playbackmag.com. Email this article  Printer friendly page