Ottawa outlines details of $600M for CanCon in latest budget
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OTTAWA – The federal government has released details on how its promised $600 million for Canadian content will be spent, and the Canada Media Fund is getting the largest chunk.
The fund will receive $213.4 million that the government says will support the industry in a variety of ways, including through production and promotion of content.
Various independent production funds will receive $185.1 million and the independent local news fund is getting $80 million of that sum.
Other allocations include $67 million for the Canada Music Fund, $51 million for the Indigenous Screen Office and $68.5 million for Telefilm Canada.
While the government promised the industry $600 million in annual funding last June, last week’s federal budget only allocated funding for this fiscal year.
The direct funding is meant to replace financial contributions from big streamers like Netflix previously mandated by the CRTC.
This report by The Canadian Press was first published Nov. 9, 2026.