Carousel Pictures and Sugar Shack Productions are producing the six-part project, which began shooting last week.
The team’s script Beans will receive financial support towards development, meanwhile TIFF introduces its 2019 Writers’ Studio recipients.
Mongrel Media signs a digital distribution deal with FilmRise, BGM’s spooky shows go international and a Montreal studio inks a deal with Nickelodeon.
The cosmic comedy is produced by Shannon Hanmer and Stuart F. Andrews and coproduced by TIFF’s Midnight Madness programmer Peter Kuplowsky.
Game Theory, headed by Woods and Hilary Hart, will focus on smaller release strategies, paired with digital distribution and word-of-mouth publicity.
The director behind Limit Is the Sky and Family Portrait in Black and White will be recognized with a retrospective.
Canadian-led projects earned three of the five nominations in the animated short category, while two of five live-action short nominations came from Canadian filmmakers as well.
Aquaman takes the top spot, followed by Spider-Man: Into the Spiderverse at #2 and Bumblebee at #3.
La Course des Tuques comes in at #1, followed by Pachamama: Le Tresor Sacre at #2 and The Woman Who Loves Giraffes at #3.
The producers association said global digital platforms and large Canadian broadcasters have disproportionate leverage when negotiating agreements with domestic producers.
The feature project is set to be produced by L.A.-based Di Bonaventura Pictures.
Hostick’s feature debut stars Canadian musician Tyler Shaw as a starving artist who gets a job as a therapeutic hospital clown.