Radio / Television News

CMF funding triggers record-breaking $1.9B in production


By Connie Thiessen THE CANADA MEDIA Fund’s 2021-22 Annual Report indicates that its investments in the screen-based industries triggered a record-breaking $1.9B in production. According to the report, every $1 of CMF funding generated $5.16 in production activity, the highest leverage ratio since the public-private partnership was founded in 2010, helping create close to 217,000 jobs in Canada’s screen sector. “The industry we serve is on the verge of a magnitude of change—and it’s long overdue,” said Valerie Creighton, president and CEO of the CMF, in a release. “We are proud to generate record-breaking production activity across Canada’s screen-based industries, but even...