The Canadian motion picture, video, and TV program production sector is projected to expand steadily, with gross value added increasing from CAD 5.31 billion in 2024 to CAD 5.9 billion in 2028, marking an annual compound growth rate (CAGR) of approximately 2.67% over five years. Comparing to the 2023 data, the sector demonstrates resilience and potential for robust growth.
Key future trends to monitor include:
- Rising demand for digital streaming platforms' content, driving production activity.
- Technological advancements in production techniques and post-production processes.
- Potential shifts in consumer preferences, possibly influenced by emerging content trends or generational changes.
- Government policies and incentives impacting local and international production investments.