One bright side to the diminishing value of the Canadian dollar comes our way courtesy the television and movie-making industries. Things are really cooking in studios across town.
Cinespace Film Studios, for example, has six television series simultaneously shooting here. “Business is so good that Cinespace has had to turn some shows away from its three TORONTO studios,” writes ERIC LAM of Bloomberg News. Cinespace has also opened a new studio complex in CHICAGO.
Movies recently filmed in TORONTO have included ‘Furious 7’ and ‘Suicide Squad’; television series ‘Reign’ now in its third season, and ‘Beauty and the Beast’ in its fourth season.
15,000 members of the Alliance of Canadian Cinema, Television and Radio Artists are based in TORONTO. Unifor’s Film, Television and New Media represents another 1,000-plus members in the city. TORONTO took in $1.29-billion from the movie industry in 2014, and is on track to increase that in 2015.