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CMF Funding Triggers Over C$1.4B in Industry Activity


Funding by the Canada Media Fund (CMF) has triggered C$1.4 billion ($1.07 billion) in industry activity across the country, per its 2019-2020 Annual Report.

The report also found that C$1 ($0.77) of CMF funding generated $4.12 ($3.15) in production activity, the highest leverage ratio since the CMF was created in 2010. The CMF’s funding programs contributed C$349 million ($267,107,150) to finance the development, production, promotion and export of 1,483 television and digital media projects in 2019-2020. This level of investment and support was made possible thanks to the continued commitments of the CMF’s funding contributors: the Government of Canada, and Canada’s cable, satellite and IPTV distributors.

The CMF 2019-2020 Annual Report details the various programs and initiatives the CMF undertook to support Canada’s audiovisual industry through the fiscal year ending March 31, 2020.

About Chelsea Regan

Chelsea Regan is the associate editor of World Screen. She can be reached at [email protected]


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