CMF thanks federal government for additional investment of $40M

Toronto, March 28, 2023 – The Canada Media Fund (CMF) thanks the Government of Canada for its commitment in the 2023 federal budget to contribute an additional $40M over the next two years to the CMF.

“I am pleased to see the federal government’s ongoing support for Canada’s audiovisual sector,” says Valerie Creighton, President & CEO, CMF. “We believe that this new investment is a first step towards the government’s commitment to double its annual contribution to the CMF, which will bolster the domestic content production sector in both linear and immersive media production and contribute to Canada’s economic recovery.”

About the Canada Media Fund 
The Canada Media Fund (CMF) fosters, develops, finances, and promotes the production of Canadian content for all audiovisual platforms. In addition, it guides Canadian content towards a competitive global digital environment by supporting industry innovation, rewarding success, promoting diversity of voices, and encouraging access to content through public- and private-sector partnerships. The CMF receives funding from the Government of Canada and from cable, satellite, and IP service distributors across the country. Visit the CMF's website for more information. 

Media contact: 

Maxime Ruel 
Senior Manager of Communications, Canada Media Fund 
[email protected]