GreyBrook logotype
Investor Login Contact Us

Toronto Film and TV Production Industry Sets New Record in 2021

Date:
April 21, 2022
Share:

The city’s film and TV industry saw incredible activity in 2021 with a massive investment of $2.5 billion in direct spending in film, television, and digital media productions, Mayor John Tory announced last month(1).

After a record-breaking year, Toronto’s production industry is set to experience rapid growth and momentum again in 2022.

A total of 1,468 productions and over 7,800 production days were filmed in Toronto last year, with that number set to rise this year. The city experienced growth in all categories: major studio productions (feature films, television series, music videos, reality TV), VFX and animation, and commercials. Although the hype for Toronto has been steadily building, the city has been a prime production location for years.

Helping to shape Toronto’s film and TV ecosystem, Netflix has been an active force in the development of Toronto’s production infrastructure and workforce with an already established production hub and plans to open their first Canadian office in the city. Other major players, such as Amazon Studios are also contributing to Toronto’s global position as a leader in mainstream content creation.

Brand new physical production facilities and post, VFX and animation studios opened their doors in 2021, with studio space set to grow by 63% over the next five years. Of these future developments, a massive film and TV production studio complex will be built in North York’s Downsview neighbourhood, which will span over 370 acres and set to create over 2,500 full-time jobs. Toronto will also be home to a $250 million state-of-the-art film, television, and media hub, aiming to build an accessible, dedicated space for media creatives on Basin Street.

This exciting growth also comes with its challenges as demand for studio space and productions surge, the industry finds itself struggling to fill the local talent pool. With the city recently ranking number two on MovieMaker’s list of the “Best Places to Live and Work as a Moviemaker in 2022”, the city hopes to meet the demand by attract skilled workers from across Canada and internationally To help address this labor gap closer to home, in 2021 Toronto announced a new initiative to educate and train individuals about careers in the film industry, as well as guide them towards the more demanding jobs with industry partners and community groups.

As production companies continue to expand to Toronto and make big investments in the local economy, talent and infrastructure will play key roles in sustaining this historic momentum and rapid growth within Toronto’s thriving film and TV ecosystem.

“The film production industry in Toronto generates hundreds of millions of dollars each year for our local economy, while creating thousands of new, highly skilled jobs within the rapidly growing screen industry sector. Production companies continue to flock to Toronto to make big, new investments that keep our expanding pool of studio space busy and provide employment for our growing and evolving workforce.”

– Deputy Mayor Michael Thompson (Scarborough Centre), Chair of the Economic and Community Development Committee

1) Toronto’s screen production industry sets record with more than $2.5 billion in direct spending in 2021

Latest Insights

The Real State of GTA Development: An Honest Conversation on Today’s Market

Insights
January 23, 2026

With development activity slowing and capital becoming increasingly selective in today’s market, it’s more important than ever to sit down, cut through the noise, and have an honest conversation about what’s really happening on the ground. Last weekend, Greybrook Securities…

Building Together: Greybrook’s 2025 and the Year Ahead

Uncategorized
December 23, 2025

At Greybrook, 2025 was a year defined by leadership, perspective, and purposeful progress. Throughout the year, we remained at the forefront of industry conversations, helping to shape dialogue across the real estate and housing development landscape while continuing to execute…

Sasha Cucuz on Toronto Under Construction: Navigating Costs, Cycles, and the Path to Real Estate Resilience

Uncategorized
December 17, 2025

Sasha Cucuz, CEO of Greybrook, joined Jake Cohen, President of Daniels Corporation, and Bob Blazevski, President and CEO of Blaze Urban, on the Toronto Under Construction podcast hosted by Ben Myers, President of Bullpen Research & Consulting Inc. The discussion…

Elser Hotel & Residences Now Fully Sold Out

Portfolio Updates
December 16, 2025

We are pleased to announce that Elser Hotel & Residences in downtown Miami is now fully sold out. With its unique hotel-condo model, prime waterfront location, and expansive amenity platform, Elser has attracted exceptional demand across local, national, and international…

Chateau 9 in Stouffville Well-Received by the Market, Released Units Over 90% Sold

Portfolio Updates
December 4, 2025

Following a well-received sales launch in October, the initial release of single-detached homes at Chateau 9 in Stouffville rapidly sold out, prompting the release of an additional wave of homes. To date, the community has achieved an impressive 91% sell-through…

Boardroom Brief: EP. 11 – From Lessons to Opportunities: Sasha Cucuz Reflects on 2025

Insights
December 2, 2025

From boardrooms to podcast studios, Greybrook Securities CEO Sasha Cucuz has been at the forefront of key discussions this past year, sharing his perspective on everything from the global economy to the local real estate market and long-term business strategy.…

Greybrook Celebrates Community Connection at Preston Memorial Auditorium Grand Reopening

Community
November 20, 2025

On Friday, November 14, the City of Cambridge officially unveiled the newly renovated Preston Memorial Auditorium, marking an exciting completion of a transformative $33 million project that modernizes the beloved community facility while honouring its 1972 heritage. The revitalized facility features a…

Boardroom Brief: EP. 10 – Unpacking Insights from Inside Track 2025

Insights
October 30, 2025

How is global uncertainty shaping confidence, supply, and the future of Canada’s housing market, and what lies ahead? What bold government actions are needed to unlock housing supply and help stabilize the market? These are just some of the key…

Greybrook Becomes First-Ever Lead Sponsor of York University Lions Men’s Hockey Team

Community
October 30, 2025

Toronto, ON — Greybrook is proud to announce its official sponsorship of the York University Lions Men’s Hockey Team at the Gold level, marking a historic milestone as the first-ever lead sponsor of the Men’s Hockey Program. This sponsorship reflects…

138 Yorkville Welcomes Internationally Acclaimed Fashion Designer Gaurav Gupta

Portfolio Updates
October 21, 2025

138 Yorkville, our ultra-luxury development in partnership with Cityzen and First Capital, recently hosted internationally acclaimed designer Gaurav Gupta for an exclusive showcase at our presentation gallery. Gaurav, celebrated for his sculptural silhouettes and red-carpet couture, presented a curated selection…

All Posts

Join our newsletter and keep up to date with our news & insights

Contact us