Toronto is home to Canada’s largest and most diverse creative cultural economy, with a strong reputation for developing artists who go on to global fame. Sixty-six per cent more artists live in Toronto than in any other Canadian city and contribute to a rich interdisciplinary cultural sector.
Toronto’s reputation as a film production powerhouse and its well-established vibrant music scene makes it the third-largest centre in North America alongside Los Angeles and New York City for both the film and music industries.The Toronto International Film Festival (TIFF) has become the launching pad for the best of international, Hollywood and Canadian cinema, and is recognized as the most important film festival after Cannes.
The Province of Ontario offers one of the most comprehensive ranges of tax incentives for film and television production and digital media and has established an annual $15 million Ontario Music Fund, which reflects the importance of the creative sector to the economy.