BUSINESS
02/08/2012 02:54 EST | Updated 02/08/2012 03:48 EST

Ontario Film And TV: Industry Brings $1.26 Billion To Province In 2011, Up 31 Per Cent

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Those who shout “lights, camera, action!” for a living are bringing big bucks to Ontario.

The Ontario Media Development Corporation (OMDC) says the province’s film and TV industry posted a record year – contributing a whopping $1.26 billion to the provincial economy.

The corporation reported a $300 million -- or 31 per cent -- increase in film and TV activity in 2011 compared to 2010. That makes it the strongest result since the OMDC started keeping records more than 25 years ago.

"We are delighted by the outstanding performance of the film and television industry,” Karen Thorne-Stone, OMDC's president and CEO, said in a statement. “It is a testimonial to the fact that Ontario offers a 'total package' of incentives to attract foreign and domestic productions, including: the right mix of government support, stable and competitive financial incentives, world-class infrastructure, superb talent and skills and diverse locations."

According to the OMDC, foreign spending contributed $412.9 million (a 30 per cent increase from 2010). Meanwhile, domestic spending accounted for more than double that amount ($852.1 million).

Domestic television series specifically grew 34 per cent from last year. Foreign feature film spending also showed a significant increase of 45 per cent.

Mark Binke (a senior vice president at Universal Cable Productions) says that Ontario's strong infrastructure – coupled with a reliable tax credit and diverse architectural styles – make the province a desirable place to shoot productions.

A number of high-profile movies were filmed in Ontario last year, including David Cronenberg’s Cosmopolis – starring Twilight’s Robert Pattinson – and the reboot of Total Recall, which features Colin Farrell, Kate Beckinsale and Jessica Biel.

Other films shot recently in the province include the upcoming movie The Vow (starring Channing Tatum and Rachel McAdams) and Sarah Polley’s drama Take This Waltz. The latest in the Resident Evil franchise, Resident Evil: Retribution, was also filmed in Ontario.

Among the TV shows filmed in Ontario are Nikita (starring Maggie Q), The Firm and Suits, featuringToronto-native Patrick J. Adams.

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