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

Greybrook Realty Partners Invests $26,385,00 in a Low-Rise Residential Development Project with Treasure Hill in Brooklin, Ontario

Portfolio Updates
May 17, 2022

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $26,385,00 to acquire and oversee the development of a prime parcel of land located in Brooklin, Ontario. Together with its developer partner,…

Greybrook Realty Partners Invests $25,300,000 in a High-Rise Residential Development Project with Metropia in Toronto, Ontario 

Portfolio Updates
May 16, 2022

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $25,300,000 to acquire and oversee the development of an assembly of properties located on the south side of Dundas Street East between…

First Wave of Occupancies Start at Stockyards District Residences

Portfolio Updates
May 10, 2022

Alongside developer partner, Marlin Spring, we are excited to welcome all the new homeowners to their new homes and look forward to the next wave of occupancies over the coming weeks. The hardworking construction and execution teams were on-site to…

Symphony Towns Welcomes First Wave of Homeowners

Portfolio Updates
April 27, 2022

More families will soon call Symphony Towns home as the occupancy process continues throughout May. Alongside developer partner, Marlin Spring, we congratulate the construction and execution teams on their hard work achieving this much-anticipated milestone and welcome all the new…

Greybrook Tours Our Toronto Projects

Portfolio Updates
April 25, 2022

Avenue and Park Accompanied by developer partner, Stafford Homes, our team had an opportunity to see first-hand the spectacular views and luxury amenities that residents of this boutique 35-unit residence will be able to enjoy. 181 East Our tour made…

Toronto Film and TV Production Industry Sets New Record in 2021

Insights
April 21, 2022

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…

Inflation, Rising Rates, and the Many Variables Currently at Play

Insights
April 15, 2022

As we emerge from the pandemic, this latest phase of our economic recovery has been met with a host of macroeconomic variables that have had a direct impact on our everyday lives. From supply chain challenges to interest rates increases,…

The Way: Collegeway Officially Sold Out

Portfolio Updates
April 4, 2022

Located within the established Erin Mills community, this mixed-use low-rise development is comprised of over 300 urban townhomes and more than 11,000 square feet of redeveloped retail and office space. Residents of these new townhomes will enjoy easy access to…

Increased Immigration is Critical for Canada’s Long-term Prosperity

Insights
March 31, 2022

We were very intrigued by their bold mission to advocate for policies and programs that would increase Canada’s population to 100 million by 2100. The Century Initiative argues that our long-term success depends on our ability to scale our population…

Ontario Line Project Breaks Ground

Insights
March 30, 2022

The project is proposed to be a 15-stop, 15.6km subway line that runs from Exhibition Place, through the downtown core, and up to the Ontario Science Centre in North York. The future line will connect with 40 other transit routes,…

All Posts

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

Contact us