Major U.S. studios like Warner, Disney, and Netflix have long relied on Canadian cities like Vancouver, Toronto, and Montreal as production hubs due to lower costs, generous tax credits, and proximity to the U.S. border. In many cases, productions that appear “American” are actually shot entirely in Canada.
If Trump’s proposed 100% film tariff goes through, will studios like Warner Bros. start pulling out of Canada? That’s an $11B industry potentially at risk.
How might this impact the Canadian market? Could this shift also trigger a short-term dip in the stock prices of major movie production companies on the NYSE?