Montreal World Film Festival - Second life
Serge Losique is on the phone and he is laughing. The president of the Montreal World Film Festival (Mwff) is not unlike the captain of a storm-tossed ship now entering safe harbour. The distributors who refused to give him films are now providing top titles (see sidebar). The agencies that refused to finance him are now giving him money. And all that is left of the New Montreal FilmFest - the rival that threatened to usurp him - is an $850,000 crater of debt.