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Stewart Till's Signpost Films has beaten a hasty retreat from Canada, less than a month after announcing plans to set up a distribution arm in the Great White North.
The Canadian office was due to be headed by local veterans Yves Dion and Andy Myers, but it has been put on ice until mid-2003, by which time Signpost should actually have some films to release.
Signpost's principal financier is Montreal-based pension fund CDP Capital, which was keen for the company to have a visible Canadian presence. But Dion and Myers jumped the gun by announcing their appointment before Till was ready.
Having previously worked at the defunct Blackwatch Releasing, …