Washington, July 3 (ANI): An agreement has been recently signed between India and Canada that would allow film producers in both countries to share resources on joint film and TV projects. India, and its giant Bollywood film industry, from July 1 became the 54th country to have an official co-production treaty with Canada, the Hollywood Reporter reported. The agreement would permit film producers in both countries to tap into various incentives and tax breaks offered by both the governments.