Canada Announces $600 Million Investment to Support Audio and Audiovisual Sectors
Minister Marc Miller announced a $600 million investment from Budget 2026 to stabilize Canada's audio and audiovisual industries, distributed through six existing programs including the Canada Media Fund, Telefilm Canada, and the Indigenous Screen Office.
On November 8, 2026, in Gatineau, Minister of Canadian Identity and Culture Marc Miller announced the rollout of a $600 million investment from Budget 2026 to support Canada's audio and audiovisual sectors. The funding is intended to provide stability and direct support to these industries while longer-term policy, regulatory, and market conditions evolve.
The investment will be delivered through six existing programs. The Canada Media Fund Corporation will receive $213.4 million. Specific allocations within this fund include $80 million for the Independent Local News Fund, $44 million for Certified Independent Production Funds, $42.1 million for Services of Exceptional Importance, $11.5 million for the Commercial Radio News Fund, and $7.5 million for the Community Radio Fund.
Telefilm Canada will receive $68.5 million to support the sustainability and growth of the audiovisual industry and the international reach of Canadian films. The Canada Music Fund will distribute $67 million, with allocations going to FACTOR ($31.5 million), Musicaction ($21.0 million), the Canadian Starmaker Fund ($5.7 million), Fonds RadioStar ($3.8 million), and the Indigenous Music Office ($5.0 million).
The Indigenous Screen Office will receive $51 million to support Indigenous audiovisual content production, promotion, and discoverability. Northern Aboriginal Broadcasting will receive $10 million to fund culturally relevant Indigenous radio and television content. Additionally, the Canada History Fund will provide up to $5 million to support audiovisual programming related to Canadian history.
According to government figures, Canadian culture contributed $69.1 billion to the GDP in 2025 and employed 687,824 people as of March 31, 2026.