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CMF Budget Updates for IDM Sector

SaskInteractive

CMF 2026-2027 Changes & What This Means for IDM Developers:

The Canada Media Fund (CMF) has introduced several important updates for 2026–2027 that directly impact game developers and other Interactive Digital Media (IDM) creators. Below is a summary of the changes and what they mean for your studio. The budget designated for IDM projects is seeing its biggest year-over-year growth since the CMF’s creation in 2010, increasing 36 per cent compared to 2025–2026 to $57M.

Key Changes for IDM Projects:

#1: Greater Focus on Ownership & Control of Intellectual Property:

CMF is prioritizing ownership of the company and control of intellectual property (IP). This means that studios that retain ownership of their IP and demonstrate long-term control will be in a stronger position to receive funding.

#2: New Eligible Costs for Immersive Projects:

Physical or immersive costs (XR installations) are now eligible for funding for up to 20% of budget in production. However, this funding is limited to projects testing in prototyping stages. This means more flexibility for immersive projects, as long as the digital content remains the focus.

#3: Conceptualization Funding Limited to New Applicants:

Only first-time applicants may access this funding stream. This means returning applicants must apply to more advanced programs.

#4: Commercial Projects Program Changes:

The main funding stream is evaluated on commercial viability, market opportunity, and profitability. Meanwhile, the third-party investment system requires 25% private investment, on a first-come first-served basis. This means that studios need investor relationships and market validation.

#5: Funding Tied to Private Investment:

Projects may be ranked based on third-party financing. This means studios need investor relationships and market validation.

Additional Changes:

The Digial Creators Pilot Program has a focus on business development with up to $40,000 in funding. Meanwhile, there is also the New Business Development Program, with a focus on growth, partnerships, and revenue models. CMF is moving towards a market-driven model. Studios that are investment-ready and business-focused will be best positioned to succeed.