Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) contributed $371.8M to Canadian television and digital media projects in 2012-2013, a $13.8M increase, or four percent, from the previous fiscal year. A total of $1.2B of industry activity was triggered, dipping slightly from 2011-2012’s record high of $1.3B, although higher than the most recent five-year average of $1.1B.
The Convergent Stream received 90.6% of funding, with 9.4% supporting the Experimental Stream. The Experimental Stream provided $35.1M for 85 projects from across the country, spurring an additional $55.2M in economic activity within Canada’s digital sector. The Convergent Stream dedicated $336.7M to Canadian screen-based projects including television programming and related digital media content. This is a 3.5% increase over 2011-2012.
Overall, 84.5% of CMF funding supported television programming, with the balance of 15.5% supporting digital media content. Digital media content funding increased 3.7 share points from 2011-2012, traced primarily to the increased allocation to the Convergent Digital Media Incentive program (CDMI) to $15M, from $10M last year, and its full utilization.
Breakdown by Program
$M | |
English | 26.8 |
French | 8.3 |
Experimental Total | 35.1 |
English | 181.0 |
French | 89.2 |
Performance Envelope Total | 270.2 |
English | 7.3 |
French | 2.9 |
Development Envelope Total | 10.2 |
Convergent Digital Media Incentive | 15.0 |
English Production Incentive | 14.6 |
Francophone Minority | 10.4 |
Aboriginal | 6.9 |
English POV | 3.0 |
Diverse Languages | 2.0 |
Versioning | 1.6 |
Regional English Pre-development | 1.4 |
Regional French Incentive | 1.1 |
Regional French Development | 0.2 |
Northern Production Incentive | 0.1 |
Convergent Total | 336.7 |
Total | 371.8 |
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 is supported through a variety of financing tools including license fee top-ups, equity investments, recoupable investments, non-recoupable contributions and loans. CMF investments and repayable advances and loans made up 37% of all CMF funding, the same level as last year.
Breakdown by Funding Type
$M | Investment | Repayable | Non-repayable | Total | ||||
Equity | Recoupable Investment | Sub-total | Advance | Licence Fee Top-up | Non-repayable Contribution | Sub-total | ||
Experimental | 0.0 | 24.6 | 24.6 | 10.5 | 0.0 | 0.0 | 0.0 | 35.1 |
Convergent | 73.4 | 0.0 | 73.4 | 13.0 | 226.7 | 23.6 | 250.3 | 336.7 |
Total | 73.4 | 24.6 | 98.0 | 23.5 | 226.7 | 23.6 | 250.3 | 371.8 |