Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) contributed $354.5M to Canadian television and digital media projects in 2013-2014, a $17.3M decrease, or 5% percent, from the previous fiscal year. The program budget for 2013-2014 had 4.0% less in available funds, plus 1.0% was the result of under-spending in one program. A total of $1.2B of industry activity was triggered, consistent with 2012-2013.
The Convergent Stream received 90.1% of funding, with 9.9% supporting the Experimental Stream. The Experimental Stream, including the Accelerator Partnership Pilot Program, provided $35.0M for 95 projects from across the country, spurring $60.4M in economic activity within Canada’s digital sector. Industry activity triggered by the Experimental stream rose 9.3% over 2012-2013. The Convergent Stream dedicated $319.5M to Canadian screen-based projects including television programming and related digital media content.
Overall, 83.3% of CMF funding supported television programming, with the balance of 16.7% supporting digital media content. Digital media content funding increased 1.2 share points from 2012-2013, due to increases in convergent commitments.
CMF funding to digital media content totaled $59.3M in 2013-2014 growing 3.2% from 2012-2013. The Experimental stream provided 59.0% and CDMI funding comprised 24.3% of the total. 16.7% came from other convergent programs, increasing from a 12.8% share in 2012-2013.
Breakdown by Program
$M | |
English | 26.0 |
French | 8.5 |
Accelerator | 0.4 |
Digital Media International Co-production | 0.1 |
Experimental Total | 35.0 |
English | 173.1 |
French | 85.7 |
Performance Envelope Total | 258.8 |
English | 7.8 |
French | 2.9 |
Development Envelope Total | 10.7 |
Convergent Digital Media Incentive | 14.4 |
English Production Incentive | 6.9 |
Francophone Minority | 10.2 |
Anglophone Minority | 3.0 |
Aboriginal | 6.7 |
English POV | 3.2 |
Diverse Languages | 1.9 |
Versioning | 1.1 |
Regional English Pre-development | 0.9 |
Regional French Incentive | 1.2 |
Regional French Development | 0.2 |
Northern Production Incentive | 0.2 |
Digital Media International Co-production | 0.1 |
Convergent Total | 319.5 |
Total | 354.5 |
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, non-recoupable contributions and loans. CMF investments and repayable advances and loans made up 33.8% of all CMF funding, an increase of 1.1 share points from 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 | 22.8 | 22.8 | 11.7 | 0.0 | 0.5 | 0.5 | 35.0 |
Convergent | 72.5 | 0.0 | 72.5 | 12.8 | 209.1 | 25.1 | 234.2 | 319.5 |
Total | 72.5 | 22.8 | 95.3 | 24.5 | 209.1 | 25.6 | 234.7 | 354.5 |