Canada’s film and television production industry generated $10.17 billion in production volume in the 2024-25 fiscal year, a 4.6-per-cent increase year over year, according to the Canadian Media Producers Association (CMPA)’s annual economic report, Profile 2025, released Monday.
The sector also contributed $11.72 billion to Canada’s GDP, and created 181,360 jobs across Canadian television and theatrical feature film production, broadcaster in-house production, and foreign location and service (FLS) production during the fiscal year, according to the report, which covers the period between April 1, 2024 and March 31, 2025.
The report showed FLS production volume increased by 9.5 per cent, “reflecting a partial rebound from the significant reduction in production caused by two prolonged Hollywood strikes in 2023,” said a CMPA press release summarizing the report’s findings. Production of Canadian film and television content, however, fell by 2.2 per cent, marking a second consecutive year of decline, the release noted.
“This report shows that the Canadian film and television industry is a massive economic contributor that provides valuable jobs in every region across the country,” CMPA President and CEO Reynolds Mastin said in the press release. “We need to do all we can to support and expand the production of Canadian film and television, not just for its economic impact, but for the important role it plays in promoting our cultural sovereignty and sharing our values with audiences at home and around the world.”
CMPA is releasing Profile 2025 as the CRTC continues to work through its multi-phase review of the regulatory framework for the Canadian broadcasting system, CMPA noted.
“The CRTC’s implementation of a modernized framework continues to face delays, including a pending federal court of appeal decision regarding the Phase 1 base contributions from online services, as well as the Phase 2 Canadian programming contribution regime for broadcasters and online services,” CMPA’s press release said.
“The Canadian production industry has established itself as a great partner for foreign production, and with the promised investments from the Online Streaming Act, we’ll see a boost in Canadian content production, reversing the downward trend of recent years,” Mastin said. “The long-term success of this industry depends on balance, we must support strong Canadian companies creating great content, while also ensuring that Canada remains a world-class destination for foreign productions.”
The Profile 2025 report was compiled by Nordicity and developed in collaboration with the Department of Canadian Heritage, the Canada Media Fund, Telefilm Canada, the Association québécoise de la production médiatique, and the Indigenous Screen Office.
