In 2018, Toronto’s domestic and foreign film, television, digital and commercial production investments achieved their second highest level ever at $1.96 billion.
Which makes this the third year in a row that this sector has contributed more than $1.8 billion to Toronto’s economy.
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Last year’s $1.96 billion level was lower than the $2.01 billion record achieved in 2016, but this year the industry is aiming to climb closer as the city shoots for $2 billion.
These investment numbers were part of an annual report presented to the City of Toronto’s Economic and Community Development Committee.
“Our work to attract film, television and digital productions to Toronto has helped ensure another year of investments in the $2 billion range. We are determined to continue this success and will keep working with the industry to provide attractive location options to new and returning productions,” said Mayor John Tory, in a press release.
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Last year’s investment numbers reinforce Toronto’s strength as a key global film production hub.
Internationally distributed projects filmed throughout the city including Star Trek: Discovery, The Handmaid’s Tale, American Gods, Schitt’s Creek, Condor, IT, Kim’s Convenience and Workin’ Moms have been shooting sequels through to 2019.
Major new projects include Shazam!, The Umbrella Academy, Titans and October Faction.
2018 highlights include:
• Domestic and international screen-based production investments exceeded the $1 billion mark for an eighth consecutive year.
• Investment in commercials production continued its rapid rise, growing to $432 million in 2018. Investment in this area has more than doubled in the last five years.
• Foreign and domestic television series continue to be the dominant type of production in the city, accounting for nearly half of all major production investments.
• The number of projects shooting in Toronto achieved one of the highest levels ever with 1,412 projects shooting more than 6,322 days of production.
More information about Toronto’s 2018 screen-based production statistics is available online.
Toronto has one of the largest screen-based industries in North America, employing more than 30,000 people in areas of film, television, commercials and animation.