The Canadian Media Producers Association has just released Profile, its annual economic report on Canada’s screen-based production industry.
“The film and television production industry in Canada generated nearly $10.2 billion in production volume in the 2024/25 fiscal year, contributed nearly $12 billion to the country’s GDP, and supported 181,360 jobs.”
Some takeaways:
- BC led the country in foreign location and service (FLS) production.
- 97,920 jobs (54%) were in foreign location and service (FLS) production.
- Ontario led all other categories.
- Canadian theatrical feature film production decreased by 3.2% to $460 million.
- 58% of Telefilm-funded Canadian theatrical feature films had budgets of $2.5M or higher.
- Canadian films’ share of the Canadian box office decreased from 3.3% in 2023 to 2.8% in 2024, and then to 1.7% in 2025.
Section 7.5 is very revealing:
“In 2024/25, the federal and provincial governments in Canada provided an estimated $2.15 billion in refundable production services tax credits to FLS production. This included $560 million from the federal government’s Production Services Tax Credit (PSTC) and $1.59 billion from provincial government production services tax credits and rebates for FLS productions.”
Doing some basic math, if we divide these tax credits by the 98,000 jobs in FLS production, we get approximately $22,000 per position.
My take: “Canadian content consists of Canadian television and theatrical feature film.” Bundling Canadian content like this buries the dismal state of Canadian Film, which is basically a rounding error in total box office revenue. See How to fix Canadian Film.