Canada’s production industry facing $2.5-billion hit due to Covid-19

OTTAWA — With television and film production at a standstill in Canada due to the Covid-19 pandemic, the negative impact on the country’s production sector could amount to as much as $2.5 billion in lost revenues and affect up to 172,000 jobs, according to the CMPA. That’s according to a new Nordicity report commissioned by the Canadian Media Producers Association (CMPA) that looks at the potential impact that a shutdown lasting from mid-March until the end of June could have on the production industry. Nordicity’s analysis was based on its estimates of production spending that was expected to occur from...