Canada has a long history of filmmaking, with the first feature film and the creation of the first production company dating back to the beginning of the 20th century. Furthermore, in 1917, the government of the province of Ontario established the Ontario Motion Picture Bureau, the first state-founded film organization in the world. The Canadian Government Motion Picture Bureau, created a year later, was the first national film production unit in the world. The country prides itself with a number of renowned filmmakers and actors, as well as with critically acclaimed films and the longstanding Toronto International Film Festival.
However, the cultural and geographical proximity to the United States, among other factors, have made Canada a financially noncompetitive film market. In 2015, Canada’s box office results reached 988 million Canadian dollars, equivalent of roughly 713 million U.S. dollars, while the box office revenues in the United States that same year were estimated to have reached approximately 10 billion U.S. dollars. Moreover, the vast majority of box office revenue in Canada is brought in by the U.S. films, while local productions are responsible for roughly two percent of the total.
In the past decade, Canada's film industry has produced between 84 and 128 theatrical movies per year, with the majority of them being in English, rather than French or bilingual. Overall, the sum of production budgets for Canadian only TV and film projects in the country were valued at 2.87 billion Canadian dollars in the 2015/16 season. The most prolific region in terms of film and television production is Ontario, followed by British Colombia and Quebec.
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