The Motion Picture, Video, and TV Programme Production sector in Canada is projected to grow steadily from 157.56 million hours in 2024 to 186.19 million hours in 2028. Considering 2023 as the baseline year with actual data, the forecast indicates a consistent increase in employment hours. A year-on-year growth rate depicts a gradual increase with specific rates: 4.59% from 2024 to 2025, 4.36% from 2025 to 2026, and 4.15% from 2026 to 2027. The five-year compound annual growth rate (CAGR) is expected to be around 4.26%.
Future trends to watch for include digital transformation's impact on production efficiency, the potential increase in demand for streaming content post-pandemic, and governmental policies supporting cultural industries, all of which could influence employment dynamics in the sector.
