Vancouver

Film & Television Industry

2.6M

Population

1.5M

Labour force

11%

Canada's business headquarters

$137B

Economy

285K+

Thriving businesses

7.5%

Canada's GDP

  • Third-largest city in Canada after Toronto and Montreal
  • B.C. is the most ethnically diverse province in Canada. Almost 30% of British Columbians immigrated to B.C. from another country. Just under one-quarter of people in B.C. are a visible minority
  • 2nd-best city in North America for international meetings
  • 1st in North America in 2020 for high-tech software/services job growth
  • 10th in the world for healthy living in 2021; the only city in North America in top 10
  • Vancouver International Airport (YVR) is the second busiest in Canada behind Toronto Pearson International Airport (YYZ) and was ranked by Skytrax as the best airport in North America in 2021

Tax incentives

28%-34%

British Columbia Production Services Tax Credit - Provincial

35%

Film Incentive BC

16%

Digital Animation, Visual Effects and Post-Production Tax Credit (DAVE)

17.5%

Interactive Digital Media Tax Credit

Vancouver film industry

  • $4.1B+ in spending (2019) in B.C. – $3.1B spent on physical production
  • Third-largest production hub in North America, behind Los Angeles and New York City Largest production hub in Canada
  • Labour pool provides crew depth for 50 simultaneous full-scale productions
  • 70,000+ professionals, 250+ service businesses
  • Annual average of 400 productions in B.C.
  • 40 years’ experience in full-service film production
  • World’s largest VFX and animation cluster with more than 100 companies
  • World’s second-largest VR/AR ecosystem with 200+ VR/AR companies

Metro Vancouver's largest existing purpose-built production studios

Studio

Mammoth Studios

Vancouver Film Studios

Canada Motion Picture Park

Bridge Studios

North Shore Studios

City

Burnaby

Vancouver

Burnaby

Burnaby

North Vancouver

Address

2880 Underhill Ave.

3500 Cornett Rd.

8085 Glenwood Dr.

2400 Boundary Rd.

555 Brooksbank Ave.

Facility Size (sf)

528,856

359,900

316,800

252,600

152,000

Owner/Developer

Bosa Development

McLean Group

Canadian Motion Picture Park ULC

Larco Investments

Bosa Development

New studio developments on the horizon

  • Martini Film Studios – Announced at TIFF in 2019, Martini Film Studios has proposed a new 600,000-sf studio complex on a 25-acre site in Langley, a 40-minute drive from downtown Vancouver
  • The City of Burnaby announced in February 2021 that it is seeking offers to lease or for purchase an undeveloped 17.1-acre site in Burnaby’s Big Bend district for development as a film/TV production studio. Offers were still under review in August 2021

Studio locations in Metro Vancouver

Source: Avant by Avison Young

image

Privacy Policy | Terms of Use | © 2021 Avison Young Commercial Real Estate Services, LP, Brokerage. All rights reserved.

image
image
image
image