CMF thanks Government of Canada for $60 million new investment
Toronto, April 20, 2021 – The Canada Media Fund (CMF) thanks the Government of Canada for its new funding to Canada’s film, television and digital media sector. The details released in the recent Federal Budget are a clear demonstration of the government’s commitment to make Canada’s creative sector more inclusive.
In particular, the CMF welcomes the government’s announcement that it will provide $60M to the CMF over three years to encourage diverse voices in Canadian TV and digital media.
“The government’s support for Canada’s content industry is welcomed and appreciated. This new funding will enable the CMF to move forward with our equity and inclusion strategy over the next three years to create permanent change in our sector,” said Valerie Creighton, President and CEO, CMF.
“We value the government’s trust in the CMF and the work we do to foster Canada’s screen-based sector. We know that Canada is home to outstanding talent and compelling stories from equity-deserving communities that audiences at home and around the world want to see. This investment will help bring these stories and ideas to audiences on all platforms."
“We thank the government for recognizing the importance of the $9.3B TV and film production industry in Canada and are very encouraged by the government’s commitment of $105M over three years to Telefilm Canada, and $40.1M to support the vital work of the Indigenous Screen Office.”
About the Canada Media Fund
The Canada Media Fund (CMF) fosters, develops, finances, and promotes the production of Canadian content for all audiovisual media platforms. The CMF guides Canadian content towards a competitive global environment by fostering industry innovation, rewarding success, enabling a diversity of voice and promoting access to content through public and private sector partnerships. The CMF receives financial contributions from the Government of Canada and Canada’s cable, satellite and IPTV distributors. Please visit cmf-fmc.ca.
Senior Communications Manager