CMF investments spur record $1.93B in activity for Canadian screen sector in 2025–2026: Annual Report
Toronto, September 28, 2026 — The Canada Media Fund (CMF) today released Ripple Effect, our annual report for the 2025–2026 fiscal year. The report shows that the CMF invested $338.8M in 1,248 audiovisual and interactive digital media (IDM) projects, and an additional $6.7M in 103 industry initiatives designed to create opportunities and address critical needs in the industry. These investments fuelled $1.93B in industry activity and generated nearly 17,000 full-time equivalent jobs across the country.
“When you turn on the TV or boot up the game console and engage with the Indigenous and Canadian works the CMF is so proud to invest in, our impact is immediately clear,” says Valerie Creighton, President and CEO, CMF. “But you can also trace our contributions through local economies: a documentary crew filling up a small hotel in the Yukon, a filming gear supplier investing in new equipment in St. John’s, a Calgary caterer keeping the set outside of town fed, or a Quebec City IT contractor wiring up a growing game studio's first office. Supporting Canadian stories means supporting both our narrative sovereignty and a patchwork of small businesses working behind the scenes. Our investments in Canadian creators and companies cause a ripple effect that you can track, economically and culturally, across the country.”
Read Ripple Effect, our 2025–2026 Annual Report
Key takeaways
- The CMF invested $338.8M in 1,248 audiovisual and IDM projects.
- Through our Industry Development efforts and programs, we invested $6.7M in 103 initiatives to create opportunities for creators and drive growth in Canada’s regions, Indigenous, and Equity-Deserving Communities.
- Every dollar invested elicited $5.75 its value in private and public financing, driving $1.93B in total production activity.
- Nearly $42M was invested in IDM projects.
- This year again, our Annual Report offers a granular look at the CMF’s economic impact on Canada’s regions: Atlantic Canada, Quebec, Ontario, The Prairies, British Columbia, and Northern Canada.
- For the first time, our Annual Report is published alongside a full Demographic Dashboard providing rich details on representation across CMF programs.
The CMF thanks our funding contributors—the Government of Canada, and Canada’s cable, satellite, and IPTV distributors—for their continued commitment to our country’s stories that reflect and connect us all.
About the Canada Media Fund
Supported by the Government of Canada and Canada’s cable, satellite, and IPTV distributors, the Canada Media Fund (CMF) is a not-for profit organization that invests in Canadian creators and companies to tell stories that reflect and connect us all. We fund audiovisual and interactive digital media content—across all platforms—that builds a stronger cultural identity at home and on the world stage. The CMF puts stories front and centre, opening pathways to domestic and global markets and promoting a screen-based sector that is more resilient, more inclusive, and fuelled for growth.
Media contact
Jared Morrow
Director, Communications
[email protected]
