Motion picture theatres see a return to profit in 2022
Operating revenue for the motion picture theatres industry totalled $1.5 billion in 2022, up 171.4% from the first year of the COVID-19 pandemic in 2020. Every province experienced significant growth in 2022 as the industry had more stability during the year. Pandemic-related restrictions that occurred throughout much of 2020 and 2021 were only in place for the first few weeks of 2022. Despite the sizable improvement, operating revenue remained 22.5% below the $1.9 billion attained in 2018.
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