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Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) invested $346.1M in Canadian television and digital media projects in 2018-2019, a $3.8M increase, or +1.1%, from the previous fiscal year. A total of $1.4B of industry activity was triggered, with no change from 2017-2018.
Breakdown by Program
| $M | |
| Innovation Program | 31.5 |
| Commercial Projects Pilot Program | 6.6 |
| Web Series Pilot Program | 3.9 |
| Accelerator | 0.5 |
| Experimental Total | 42.5 |
| English | 152.4 |
| French | 76.4 |
| Performance Envelope Sub-total | 228.8 |
| English | 6.6 |
| French | 2.6 |
| Development Envelope Sub-total | 9.2 |
| English Regional Production Bonus | 13.0 |
| Francophone Minority | 11.2 |
| Convergent Digital Media Incentive | 9.1 |
| Aboriginal | 8.5 |
| English POV | 5.5 |
| Anglophone Minority | 4.5 |
| Diverse Languages | 3.0 |
| Quebec Regional French Incentive | 2.2 |
| English Pre-development | 1.2 |
| Northern Incentive | 0.9 |
| French Pre-development | 0.2 |
| Regional French Development | 0.2 |
| Convergent Total | 297.5 |
| Versioning | 1.0 |
| Other Export Programs Total | 3.4 |
| International Incentives Total | 1.7 |
| Total | 346.1 |
The Convergent Stream received 86.0% of funding, with 12.3% supporting the Experimental Stream, and the remainder going to export-related programs and coproduction incentives. The Convergent Stream dedicated $297.5M to Canadian screen-based projects including television programming and related digital media content. The Experimental Stream, including the Accelerator Partnership Program, provided $42.5M to innovative digital media projects.. Export-related programs committed $4.4M to assisting content intended for foreign markets. CMF contributed $1.7M to the international incentives, where foreign funding agency partners matched CMF support with commitments of $1.8M.
Overall, 80.4% of CMF funding supported television programming, slightly less than 2017-2018, with the balance of 19.6% supporting digital media content.
CMF funding to digital media content totaled $68.0M in 2018-2019. The Experimental stream provided 62.5%, the Convergent Digital Media Incentive (CDMI) funding comprised 13.3%, and the Performance Envelope Program provided 14.5% of the total. A total of 9.7% 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, repayable advances, and non-recoupable contributions. CMF investments and repayable advances made up 31.1% of all CMF funding, a slight decrease from last year’s 32.2%. International incentives and export programs provide investments, advances, or contributions depending on the type of project and the partnership arrangement.
