Cinesite to Open Animation Studio in MTL

Cinesite to Produce Nine Animated Movies in Montreal in Five Years

"Investissement Quebec, acting on behalf of the Quebec government, is advancing a loan of C$2.4 million ($1.72 million) to Cinesite Animation to help set up the production infrastructure in Montreal. An additional loan guarantee of C$19.6 million ($14.1 million) toward an overall budget of at least C$90 million ($64.6 million) is being advanced to the production company to help with financing each of the first three animated films.

Six more films are planned to follow, which will see the facility at full capacity with more than 500 new permanent jobs by 2020."

Cinesite opens animation studio in Montreal