Manitoba Media Production Industry Facts
Manitoba production incentives, the film and video tax credit, the equity fund are effective. The Manitoba Film and Video Tax Credit represents an average of 18% of any production budget, and it is the first step to securing the additional 30-35% of private financing that will in turn leverage the remainder of the budget from public and private-public sources, the vast majority of which come from outside of Manitoba.
The Manitoba media production industry works for Manitoba — on average on an annual basis it produces:
- 1,600 jobs
- $144.6 M in total production volume
- 69 production projects in all genres and formats.
- $452.3 M to the provincial GDP.
- $151.9 M in combined tax revenue (federally, provincially, and locally).
The Manitoba media production industry is growing; we estimate $160M in production in 2017-18, topping the 2010-2017 year, which was the best in a decade.
In 2016-17, the estimated $20M provincial investment in tax credit and equity financing stimulated:
- $139M in total production volume;
- 1890 FTEs (1060 direct, 670 indirect and 160 induced);
- $112.2M GDP contribution ($55.6M direct, $43.3M indirect and $13.3M induced); and
- A total of $22.3M in provincial taxes — a positive fiscal return of $2.3M.
For every $1M invested, the Province saw:
- $8.6 M of production volume;
- 90 FTEs (50 direct FTEs); and
- $3.6M contribution to the provincial GDP.
Manitoba production incentives are effective – they offer opportunity to a broad range of highly skilled workers and entrepreneurs:
- 18% of Manitoba production companies are Aboriginal or Metis owned.
- 41% of Manitoba production companies are owned by Women.
- Three Francophone production companies that are working exclusively in French account for over 5% of the total production volume.
[Source: Waves: A Snapshot of Manitoba’s Media Production Industry (2018)]
Manitoba’s investment in the media production sector is effective. Manitoba’s investment in the local media production industry provides effective leverage to:
- Attract private financing. On average 30% of Manitoba’s annual production volume is financed through private sources.
- $58.2 M in production funding from outside of province.
- 24% or $14M of that $58M comes from international sources.
- $3.48 from outside of the Province for every dollar Manitoba invests in filming incentives (the tax credit and equity).
- Increase the capacity of companies to maintain more IP — 56% of Manitoba productions are owned or partially owned by Manitoba companies, up 31% since 2007-2008.
- Build a healthy ecosystem of emerging and established production companies. Manitoba has some 55 production companies and 10 service supplier companies that directly employ 462 people. 12 companies have been in operations for over 20 years, 20 for 10-20 years, 11 for 5-10 years and 12 for less than 5 years.
Manitoba’s investment in the media production industry is effective — since the establishment of Manitoba Film and Music and On Screen Manitoba in 1987, Independent production companies have:
- Created over 725 film, TV and web projects including over 148 feature films, 227 series and 350 one-offs in both documentary and fiction; and
- Earned over 487 national and international award nominations with over 202 wins.
Specific Examples of Manitoba Production Incentives at work:
- From 1995 to 2011, Les Productions Rivard:
- Produced 75 projects representing more than 600 hours of original programming in the French language
- Invested an estimated $50 million locally in job creation, artist fees, accommodation services, and other industry suppliers
- In 2014-2015 the Manitoba film and video tax credit investment resulted in over 100 productions including the award-winning feature film Hyena Road and award-winning TV series The Pinkertons.