Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) invested $342.3M in Canadian television and digital media projects in 2017-2018, a $19.3M decrease, or -5.4%, from the previous fiscal year. Despite the reduction in funding, a total of $1.4B of industry activity was triggered, a 1.8% decrease from 2016-2017.
Breakdown by Program
$M | |
Innovation Program | 32.0 |
Commercial Projects Pilot Program | 4.5 |
Web Series Pilot Program | 3.5 |
Accelerator | 0.5 |
Experimental Total | 40.5 |
English | 153.1 |
French | 73.9 |
Performance Envelope Sub-total | 227.0 |
English | 6.2 |
French | 2.5 |
Development Envelope Sub-total | 8.7 |
English Regional Production Bonus | 12.9 |
Francophone Minority | 11.3 |
Convergent Digital Media Incentive | 9.8 |
Aboriginal | 9.7 |
English POV | 4.8 |
Anglophone Minority | 4.2 |
Diverse Languages | 3.0 |
Quebec Regional French Incentive | 2.1 |
Northern Incentive | 1.3 |
English Regional Pre-development | 1.2 |
Versioning | 1.0 |
Regional French Development | 0.3 |
Convergent Total | 297.3 |
Export Programs Total | 3.1 |
International Incentives Total | 1.4 |
Total | 342.3 |
The Convergent Stream received 86.9% of funding, with 11.8% supporting the Experimental Stream, and the remainder going to export-related programs and coproduction incentives. The Convergent Stream dedicated $297.3M to Canadian screen-based projects including television programming and related digital media content. The Experimental Stream, including the Accelerator Partnership Program, provided $40.5M for 118 projects from across the country, spurring $72.1M in economic activity within Canada’s digital sector. CMF contributed $1.4M to the international incentives, matched by foreign funding agency partners. New export-related programs committed $3.1M to assisting content intended for foreign markets.
Overall, 80.6% of CMF funding supported television programming, with the balance of 19.4% supporting digital media content, the same ratio as 2016-2017.
CMF funding to digital media content totaled $66.3M in 2016-2017. The Experimental stream provided 61.8%, the Convergent Digital Media Incentive (CDMI) funding comprised 14.8%, and the Performance Envelope Program provided 15.8% of the total. A total of 7.6% came from other programs.
Note: International incentives are shown in the chart above by Convergent or Experimental Stream.
Funding Types
These results were achieved through a variety of CMF funding mechanisms which are constantly reviewed to most effectively serve the evolving needs of content producers. Development, production and marketing of screen-based media are supported through a variety of financing tools including license fee top-ups, equity investments, recoupable investments, advances, and non-recoupable contributions. CMF investments and repayable advances made up 32.2% of all CMF funding, an increase from last year’s 30.9%. Some of the new programs provide investments or advances.