DOCSLIB.ORG

Office Market Report Year-End 2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Office Market Report Year-End 2015 Metro Vancouver Office Market Report Year-End 2015 Metro Vancouver market remains balanced Vacancy rate December 31, 2015 10% as new supply supports the most positive Vacancy rate June 30, 2015 10.3% annual absorption recorded in a decade ignificant additions to Downtown Vancouver’s inventory of office Stowers contributed to regional vacancy rising to 10% at year-end 2015 from 9.4% at year-end 2014, but the development boom also helped ac- commodate more than 1.3 million square feet (msf) of annual absorption – the most recorded in Metro Vancouver in a decade. More than 1.7 msf ABSORPTION VACANCY RENTAL of new office space was delivered in Downtown Vancouver in 2015, and (DEMAND) (SUPPLY) RATES Downtown absorption of more than 1.1 msf significantly impacted the region’s annual absorption. While regional vacancy reached 10.3% at mid- Metro Vancouver - Vacancy and Absorption Trends year 2015 (due in part to the delivery of new Downtown office buildings in the first half of 2015), vacancy tightened in the second half despite the 12.0% 1,600,000 addition of new buildings in the Downtown core as well as the suburbs. 1,334,604 1,400,000 10.0% 10.5% 10% 1,200,000 Most suburban submarkets in Metro Vancouver recorded positive annual 9.4% 1,000,000 absorption in 2015, led by the ongoing recovery of Richmond’s office sub- e 8.0% e (sf) t t a 7.8% 800,000 a market, while Vancouver-Broadway and Yaletown were the only submar- R 7.4% R 7% y n kets to register negative annual absorption. The Vancouver-Broadway and c 6.0% 640,019 600,000 o i n t a 532,275 Yaletown submarkets are both located within Vancouver city limits. Volatility p c 400,000 r a 397,843 o V 4.0% in the Yaletown submarket in 2015 was tied directly to tenants relocating to 92,870 200,000 s b A occupy larger Downtown premises. In the Vancouver-Broadway submar- 0 2.0% ket, a number of tenants chose to search for office space efficiencies in an -200,000 -158,905 attempt to reduce costs – which subsequently led some to downsize or 0.0% -400,000 2011 2012 2013 2014 2015 2016F relocate, resulting in slight negative annual absorption. Surrey registered the most positive annual absorption since 2010. Burnaby, New Westminster Vacancy Absorption and the North Shore registered minimal positive absorption in 2015. The 12-month projection based on 10-year average absorption and known net absorption in new inventory Burnaby and Surrey submarkets also recorded elevated vacancy rates. continued on back page Metro Vancouver Office Vacancy Summary (Year-End 2015) INVENTORY HEAD LEASE SUBLEASE TOTAL VACANCY 12-MONTH DISTRICT (SF) VACANCY (SF) VACANCY (SF) VACANCY (SF) RATE (%) ABSORPTION (SF) Downtown 22,825,576 1,878,942 249,851 2,128,793 9.3% 1,101,041 Yaletown 2,029,244 82,797 0 82,797 4.1% -20,091 Broadway 5,849,095 256,718 6,366 263,084 4.5% -38,637 Burnaby 9,100,255 1,055,445 120,044 1,175,489 12.9% 32,637 Richmond 4,215,800 443,061 61,359 504,420 12% 186,883 Surrey 2,851,607 471,912 28,178 500,090 17.5% 36,751 New Westminster 1,688,572 253,682 0 253,682 15% 29,444 North Shore 1,372,098 82,276 18,304 89,028 7.3% 6,576 TOTAL 49,932,247 4,524,833 484,102 5,008,935 10% 1,334,604 Partnership.Performance. I 1 Downtown Positive annual absorption highest since 2005 Available sublease space continues to decrease with sublease vacancy accounting for 11.7% of overall vacancy, down from 12.9% a year earlier and significantly off the 19.9% recorded at year-end 2013. Much of the po- tential sublease space vacated by tenants moving into the new towers was backfilled and a significant increase in sublease space did not materialize. The Downtown market remains fairly balanced overall and while there was an increased number of large-block vacancies or availabilities, they remain limited in absolute numbers. With the space availability factor (SAF) at its lowest since mid-year 2012, vacancy is less likely to increase in the short term. Absorption Trends Positive annual absorption of more than 1.1 msf in 2015 marked the most annual absorption recorded since year-end 2005, which had marked the end of a four-year run during which time Downtown absorption was at Bentall Kennedy continues to work on the development permit least 2 msf annually. Positive absorption in 2015 also marked a reversal application for 1090 West Pender, a new 415,920-sf office tower. in a four-year slide towards negative absorption, starting in 2011 when absorption reached 373,425 sf before dropping to just 7,753 sf of positive Vacancy with Space Availability Factor (SAF) and Absorption: absorption in 2012 and then registering negative annual absorption in 2013 and 2014. Almost three-quarters of positive absorption in 2015 oc- 14.0% 1,200,000 1,101,041 curred within class AAA properties. Positive class A absorption of 172,762 12.0% 1,000,000 sf in 2015 marked the first positive annual absorption recorded in class A 2.8% 2.4% F 800,000 Downtown properties since 2012. A 10.0% S 3.4% e (sf) Recent Lease Deals – Year-End 2015 t / 3.4% 9.3% 9.2% 600,000 a e R t TENANT BUILDING SF 8.0% a 373,425 n R 400,000 o PwC (renewal) PwC Place 110,000 3.3% i y 6.8% t c 2.6% 6.0% p n r Absolute Software (renewal & expansion) Bentall 4 46,000 a 5.7% 200,000 o c s a Rocky Mountaineer 980 Howe Street 36,400 7,753 b 4.0% 134,990 V 3.9% 0 A 3.9% Kabam Inc. (sublease & head lease) 745 Thurlow Street 32,000 2.0% -200,000 Provincial Health Services Authority (renewal) 1380 Burrard Street 31,000 -270,560 -309,835 Boughton Law Corp. (renewal) Bentall 3 30,000 0.0% -400,000 2011 2012 2013 2014 2015 2016F The Profile 375 Water Street 30,000 Impark (renewal) The Station 25,000 Vacancy Absorption SAF* Space Availability Factor 12-month projection based on 10-year average absorption and known net Impark (renewal) 515 West Hastings Street 23,000 absorption in new inventory, and 10-year average SAF Copeman Healthcare Centre 808 Nelson Street 20,400 Stemcell Technologies Inc. Pender Place II 18,900 Vacancy Trends Hostway (renewal) Bentall 5 17,500 Downtown vacancy peaked at 9.8% at mid-year 2015 before tightening Lululemon Athletica (expansion) 1380 Burrard Street 17,300 to 9.3% at year-end 2015, which was up from 6.8% a year earlier. Despite Pacific North West LNG (expansion) Park Place 17,000 the delivery of more than 1.7 msf of new office space in 2015, vacancy GE Capital 1055 Dunsmuir Street 16,800 had already started to tighten by the end of the year as tenants occupied College of Massage Therapists of BC 1050 West Pender Street 15,700 the new inventory. Despite substantial absorption in class AAA assets, FullyManaged/ITG Software 128 West Pender Street 14,580 vacancy more than doubled to 10.5% from 5% a year earlier primarily due AXIM Royal Centre 14,200 to the delivery of new inventory that contained limited vacancy. Class Western Forest Products Royal Centre 14,200 A vacancy also climbed to 10.8% from 5.5% year-over-year as the flight IIROC (renewal) Royal Centre 13,800 to quality began to impact existing inventory. Class B and C vacancy CanWell Building Materials Group (sublease) Royal Centre 13,800 declined year-over-year, dropping to 7.5% and 7.9% at year-end 2015 Wavefront Wireless (renewal) Guinness Tower 12,400 from 8.3% and 9.6%, respectively. Vacancy is expected to remain stable – Simon Fraser University Harbour Centre 12,000 even decrease incrementally – through 2016 as minimal new inventory is JH Investments Inc. 745 Thurlow Street 12,000 scheduled to be delivered and significant occupancies still remain in the Agricultural Bank of China Telus Garden 12,000 new towers. Sandstorm Gold (renewal) Commerce Place 11,500 Even while tenants continue to search for space efficiencies to reduce oc- Pacific Future Energy 701 West Georgia Street 10,000 cupancy costs, there was solid deal activity with a good cross-section of new Accenture Telus Garden 10,000 leases, expansions, renewals and new tenants in the Downtown market. Esri Canada (renewal) 1130 West Pender Street 10,000 2 I Partnership.Performance. Downtown Vacancy elevated but market remains balanced Prelease Prelease Space Availability Factor (SAF) Developer Building SF SF % Completion SAF refers to head lease or sublease space that is being marketed but is 501 Robson Street Westbank/Telus (Telus Garden podium) 48,050 0 0% Q1 2016 not physically vacant, and new supply that is nearing completion and FiveTen Seymour, available for lease. The space availability factor, or SAF, slipped to 2.8% Serracan Properties 510 Seymour Street 68,000 (office) 66,600 98% Q3 2016 (650,435 sf) at year-end 2015, its lowest point since mid-year 2012 when Ormidale Block Century Group 151 West Hastings Street 23,600 (office) 0 0% Q4 2016 the indicator reached 2.6% (511,283 sf). Hence, the actual amount of Credit Suisse AG/ space currently being marketed (occupied and vacant) in the Downtown The Exchange, SwissReal Group 475 Howe Street 362,000 (office) 35,750 10% Q2 2017 core is 12.1% or approximately 2.8 msf.
Load more

Recommended publications
  • KILLER GAMES for 2010 Lost Planet 2 Kicks Off the Hottest Year in Gaming March 2010
    HALO: REACH • DEAD SPACE 2 • TRUE CRIME OFFICIAL XBOX MAGAZINE OFFICIAL XBOX GIANT MONSTERS! 4-PLAYER ACTION! HELL YEAH! GET READY! LOST PLANETLOST 2 100KILLER GAMES FOR 2010 Lost Planet 2 kicks off the hottest year in gaming March 2010 March FINALLY! BIOSHOCK 2 Reviewed here fi rst! MARCH 2010 • ISSUE 107 MEET THE TEAM Letter From the Editor There’s no place like home Issue 107 • March 2010 EDITORIAL EDITOR-IN-CHIEF Francesca Reyes 2010. It’s barely under way as I type this, but it MANAGING EDITOR Corey Cohen already feels like it’s going to be one of those mega- SENIOR EDITOR Ryan McCaffrey FEATURES EDITOR Kevin W. Smith years in gaming — one that all of us will be talking EDITORIAL SUPER-INTERN Taylor Cocke about well into the future in hushed, reverent tones. EDITORIAL CONTRIBUTORS Mike Channell, Alex Clark, Mitch Dyer, Why? Because it’s one of the big-time bullet-points Andrew Hayward, Cameron Lewis, Chris Morris, in the Great Big Videogame Cycle™ when the stars Chuck Osborn, Matthew Pellett, Will Porter, Ben Talbot, Meghan Watt align and we get the much-anticipated “Part IIs” (or “These dark whatever chapter each series is on at this point) that ART revamp, relaunch, or revisit universes we still hold CONTRIBUTING ART DIRECTOR/PHOTOGRAPHER Juliann Brown little places CONTRIBUTING GRAPHIC DESIGNER/ILLUSTRATOR dear years after the originals. Just think: Mass of fi ction and Christina Empedocles Effect 2, BioShock 2, Lost Planet 2, Dead Rising 2, CONTRIBUTING COVER DESIGNER Monique Convertito Fable III, a new Fallout…the list just stretches far into wonder are BUSINESS the furthest reaches of 2010 without end.
    [Show full text]
  • Étude Pays Canada (PDF, 6.8
    Étude réalisée dans le cadre de la mission économique conjointe présidée par SAR la Princesse Astrid, Représentante de SM le Roi 24 > 31 octobre 2015 CANADA AGENCE POUR LE COMMERCE EXTERIEUR PRÉFACE Deuxième pays au monde présentant la plus vaste superficie, le Canada regorge d’opportunités pour les investisseurs étrangers. Son territoire recèle une quantité impressionnante de ressources énergétiques, conférant au secteur une importance stratégique indéniable. Economie innovante, le Canada est également riche de technologies intensives en R&D. De nombreux domaines tels que l’aérospatial, les biotechnologies, les télécommunications et l’animation numérique attirent de plus en plus de talents internationaux. Le pays est en outre considéré comme l’un des meilleurs au monde 3 en ce qui concerne la facilité de faire des affaires. P Nos exportateurs manifestent un intérêt croissant pour l’Ouest du pays. A l’instar RÉFACE des studios cinématographiques de Vancouver -baptisée l’Hollywood du Nord- et des sables bitumeux, les provinces de l’Alberta et de la Colombie-Britannique sont en pleine expansion, considérées par les experts comme les locomotives économiques du Canada de demain. Faisant étape à Vancouver puis à Calgary, la mission économique conjointe se concentrera sur l’Ouest canadien. Au vu de l’entrée en vigueur prochaine de l’AECG (ou CETA), accord global ambitieux signé entre l’Union européenne et le Canada, le calendrier apparaît idéal pour encourager la dynamique commerciale entre nos deux pays. C’est dans ce contexte que l’Agence pour le Commerce extérieur, en collaboration avec ses partenaires régionaux, l’Agence wallonne à l’Exportation et aux Investissements étrangers, Bruxelles Invest & Export et Flanders Investment & Trade, organise cette mission.
    [Show full text]
  • Microsoft Xbox Live Arcade
    Microsoft Xbox Live Arcade Last Updated on September 27, 2021 Title Publisher Qty Box Man Comments 0 Day Attack on Earth Square Enix 0-D: Beat Drop Arc System Works 1942: Joint Strike Capcom 3 on 3 NHL Arcade EA Freestyle 3D Ultra Minigolf Adventures Sierra Online 3D Ultra Minigolf Adventures 2 Konami Abyss Odyssey Atlus Aces of the Galaxy Artech Studios Adventures of Shuggy, The Valcon Games Aegis Wing Microsoft After Burner Climax Sega Age of Booty Capcom AirMech Arena Ubisoft Alan Wake's American Nightmare Microsoft Alein Spidey Kalypso Media Alien Breed 2: Assault Team17 Alien Breed 3: Descent Team 17 Alien Breed Evolution: Episode 1 Team 17 Alien Hominid HD The Behemoth Alien Spidy Kalypso Media All Zombies Must Die! Square Enix Altered Beast Sega American Mensa Academy Square Enix Amy VectorCell Ancients of Ooga Microsoft Anomaly: Warzone Earth Microsoft Apples to Apples THQ Aqua Xbox LIVE Arcade Are You Smarter Than A 5th Grader? THQ Arkadian Warriors Sierra Online ARKANOID Live! Xbox LIVE Arcade Ascend: Hand of Kul Microsoft Studios Assassin's Creed: Liberation HD Ubisoft Assault Heroes Sierra Online Assault Heroes 2 Sierra Online Asteroids & Asteroids Deluxe Atari AstroPop Oberon Media Awesomenauts DTP Entertainment Axel & Pixel 2K Games Babel Rising Ubisoft Backbreaker Vengence 505 Games Band of Bugs NinjaBee Bang Bang Racing Digital Reality Software Bangai-O HD: Missile Fury D3 Publisher Banjo-Kazooie Microsoft Banjo-Tooie Microsoft Bankshot Billiards 2 PixelStorm Bastion Warner Bros. Interactive Batman: Arkham Origins Blackgate - Deluxe Edition Warner Bros. Interactive En... Battle: Los Angeles Konami BattleBlock Theater Microsoft Battlefield 1943 Electronic Arts Battlestar Galactica Sierra Online Battlezone Atari This checklist is generated using RF Generation's Database This checklist is updated daily, and it's completeness is dependent on the completeness of the database.
    [Show full text]
  • Game Developer
    >> REVIEWED MICROSOFT PROJECT 2007 AUGUST 2008 THE LEADING GAME INDUSTRY MAGAZINE >> AI! AI! AI! AI! >> ALL FIRED UP >> INTERVIEW ARTIFICIAL INTELLIGENCE THE SHOOTER AND HIROKAZU YASUHARA ON MIDDLEWARE ROUNDUP SHOOTEE DISCONNECT GAME DESIGN METHODS POSTMORTEM: PennyTHE Arcade Adventures: On the Rain-Slick LEADINGPrecipice of Darkness GAME INDUSTRY MAGAZINE DISPLAY UNTIL DECEMBER 15, 2003 0808gd_cover_vIjf.indd 1 7/17/08 12:43:51 PM ImageMetrics_Sig08Ad_HR1.pdf 7/11/08 12:58:17 PM I Am the Future of Facial Animation Meet Me at Siggraph 2008 C M Y CM Booth 1229 MY CY CMY K See How I Was Created: 8/13/08 1:00-2:30pm Room #2 Superior Facial Animation. Simplified. www.image-metrics.com US Office: +1 (310) 656 6565 UK Office: +44 (0) 161 242 1800 © 2008. Image Metrics, Inc. All rights reserved. []CONTENTS AUGUST 2008 VOLUME 15, NUMBER 7 FEATURES 7 GAME BRAINS Artificial Intelligence middleware is coming into its own as a crucial tool for modern game development. In this market overview we take a look at eight products that aim to make thinking machines a reality. By Jeffrey Fleming 15 READY, AIM, FIRE! In first person shooters, there is often a disconnect between the location of the gun on 7 the screen and the destination of an in-game bullet. Here, Adam Hunter scans different models that seek to rectify the problem, and draws a few conclusions of his own. By Adam Hunter 28 18 INTERVIEW: HIROKAZU YASUHARA 15 Hirokazu Yasuhara was the third person to join Sonic Team, even before it was so- named.
    [Show full text]
  • M27642764 - KKARLSSONARLSSON 99780857932686780857932686 PPRINT.Inddrint.Indd 251251 222/08/20112/08/2011 13:5413:54 252 Media Clusters
    11. Vancouver as media cluster: The cases of video games and fi lm/TV Trevor Barnes and Neil M. Coe If ever Joseph Schumpeter’s (1942) notion of ‘a gale of creative destruction’ has applicability it is to Vancouver, British Columbia. Over the course of the last 25 years, immensely powerful gusts of economic change, cyclonic in their energy, have destroyed Vancouver’s old urban economy based on processing natural resources like lumber and fi sh. In their place, a ‘new economy’ has been erected resting on creative, weightless industries like those in the new media. Consequently, the old inner city where resource activities happened, and where resource- processing workers lived, has been torn up and remade. Even some of Vancouver’s suburbs, particularly the oldest, Burnaby, lying directly to the east of the city, have experienced a radical makeover as former light industrial and warehouse spaces were reconstructed as movie studios and ‘dream factories’ for the manufacture of video games. The purpose of this chapter is to analyse the gale of crea- tive destruction that has touched down in Vancouver, transforming the city into, among other things, a media cluster. In particular, we focus on two of the city’s media industries, both of which generate over a billion Canadian dollars in revenue each year: video games and fi lm and TV production. The chapter is divided into fi ve substantive sections followed by a brief conclusion. First, we outline the recent historical transformation of Vancouver from a staples- producing local metropole to a world city that is now one of the termini on the global media industry’s international circuit of labour, capital and ideas.
    [Show full text]
  • Paolo Nosenzo, Estetica E Storytelling Negli Indie Game
    Università degli Studi di Torino Dipartimento di Studi Umanistici Laurea Magistrale in Cinema e Media Dissertazione Finale Estetica e Storytelling negli Indie Game Relatore: Prof. Alessandro Amaducci Correlatori: Prof. Riccardo Fassone Candidato: Paolo Nosenzo matr. N° 702043 Anno Accademico 2014/2015 INDICE Introduzione: definire un Indie Game ................................................................................................ 4 Capitolo 1: Storia della scena indipendente .................................................................................... 11 1.1 Da mercato frammentato a comunità globale .......................................... 11 1.2 Indie, il nuovo Mainstream...................................................................... 15 1.3 L’evoluzione dello stile indipendente ...................................................... 18 Capitolo 2: Estetica e Graphic Design, il ritorno del Vintage............................. 22 2.1 Pixel Art ................................................................................................... 22 2.1.1 Pixel Art in 2D ................................................................................ 24 2.1.2 Pixel Art in 3D: da quadrati a cubi.................................................. 31 2.2 Il Low Poly .............................................................................................. 36 2.3 Retrò: una rivisitazione in chiave moderna ............................................. 40 Capitolo 3: Astrazione, Minimalismo, e altre soluzioni visive..........................
    [Show full text]
  • Theatre: with a Capacity of Over 6,000 Satellite Theatres: with Over 70 Panels, Humans, This Is Where the “Showcase” Events Go Down
    1 WW E LE CL MISSIVE RECEIVED Aegis Class Encryption O …Decrypting_ MC …Complete. With this – the fifth annual Penny Arcade Expo – the quintad E will be complete. O Our perennial city will bloom again, an eruption of color, the T jut of our emerald realm. Let our flags dance! The Washington M State Convention Center remembers us in its very frame. It is O the vessel of our dominion, and it will again be permeated by our wireless sacraments. E Welcome to Arcadia – our respite, and our capitol. P A Welcome to PAX. X (CW)TB T O P A 3 X Like to Watch? So Do We. GameVideos.com brings you all the latest, greatest online video content. Log on and load up on… • Game trailers (previews before the game hits the store) • Walkthroughs (how it’s done) • Exclusive video shows (found nowhere else) • User submitted videos (upload your own kick-ass scene) Check it now, check it often. www.GameVideos.com T T AA BB Welcome to PAX 3 Rules of PAX 7 L DTS (the Distributed Tournament System) 9 EL Beginner’s Guide to PAX 10 Friday Schedule 12 OE Saturday Schedule 16 F Sunday Schedule 20 Panel Descriptions O Friday 23 C Saturday 29 OF Sunday 37 N The Omegathon 2008 41 T PAX 2008 FAQ 48 EC Wizards of the Coast Schedule 49 The PAX 10 55 N TC SN T E 5 N 6 R R UU 1. Drugs are bad! LL 2. Don’t steal! 3. Don’t punch or kick people! E 4.
    [Show full text]
  • A Thinking Ape Entertainment, Ltd. Electronic Arts (Canada), Inc
    A Thinking Ape Entertainment, Ltd. Electronic Arts (Canada), Inc. Piranha Games, Inc. AbCellera Biologics, Inc. E-One Moli Energy (Canada), Ltd. Pixel Union Design, Ltd. Absolute Software Corporation Eventbase Technology, Inc. PlentyOfFish Media ULC Aequilibrium Software, Inc. Evolution Canada Gaming, Ltd. PNI Digital Media airG, Inc. Exan Software POWERSHiFTER Media Corp. Allocadia Software, Inc. FinancialCAD Corporation Quartech Systems, Ltd. Alpha Technologies, Ltd. Finning Canada Real Estate Webmasters Amazon FLIR Systems, Inc. Redlen Technologies, Inc. Animal Logic Studios (Vancouver), Ltd. Fortinet Technologies (Canada) ULC Reliable Controls Appnovation Technologies, Inc. FPS Food Process Solutions Corp. Ritchie Bros. Auctioneers, Inc. Aquatic Informatics, Inc. Fulcrum Management Solutions, Ltd. Rx Networks, Inc. Arbutus Biopharma Corp. Galvanize (ACL Services, Ltd.) Rycor Solutions, Inc. Archiact Interactive, Ltd. Globalme Localization Schneider Electric Solar Avocette Technologies, Inc. Grow Labs - ATB Financial SEDNA Systems, Inc. Axiom Zen Hootsuite, Inc. SemiosBio Technologies, Inc. Ballard Power Systems, Inc. Hostway Services Sierra Systems Group, Inc. Bardel Entertainment, Inc. Hothead Games Sierra Wireless Bench Accounting Hyper Hippo Productions, Ltd. SkyBox Labs, Inc. Best Buy Canada Hyperwallet Systems, Inc. Sony Pictures Imageworks, Inc. BGC Engineering, Inc. Incognito Software Systems, Inc. Sophos, Inc. Binary Stream Software, Inc. ITG Software, Inc. (IT Glue) Squirrel Systems Boeing Vancouver Jostle Corporation StarFish Product Engineering, Inc. British Columbia Automobile Association Kabam Games, Inc. STEMCELL Technologies, Inc. Buyatab Online, Inc. KPMG, LLP Talemetry, Inc. Canada Drives LandSure Systems, Ltd. Tasktop Technologies, Inc. Carmanah Technologies Corporation LMI Technologies, Inc. Technical Safety BC Central 1 Credit Union Lucasfilm - Industrail, Light & Magic Teligence Cinesite Studios Lumerical, Inc. Teradici Corporation Clearly Maximizer Software, Inc. Terramera, Inc.
    [Show full text]
  • Fonds Des Médias Du Canada
    Canada Media Fund | Fonds des médias du Canada 2011–2012 ANNUAL REPORT Annual Report 2011 – 2012 Financial Contributors The Canada Media Fund (CMF) receives contributions from Canada’s cable and satellite distributors and the Government of Canada. The CMF thanks its funding contributors for their continued support of Canadian television and digital media content. 2 Canada Media Fund Table of Contents 2 About the CMF 32 Funding Results 2 Financial Contributors 32 Program Funding Summary • Sources of funding of the CMF Program including 35 Experimental Stream (including # of projects) total Canadian government funding 38 Convergent Stream 4 Mandate & Vision 50 Program Administration 4 Funding Model 52 Performance Envelope Program 5 Message from the Chair 55 Francophone Minority Program 7 Message from the President and CEO 57 Aboriginal Program 9 Board and Committee Activities 59 Diverse Languages Program 13 Board members 61 Development 15 Management Team 62 Versioning Program 17 Industry Context 63 Regional Funding 20 Industry Partnerships 67 International Co-production 21 Successes 69 Financial Overview 21 Audience Results 5-year trend 70 Management Discussion and Analysis 30 Awards and Prizes 73 CMF Management Statement of Responsibility 31 International Sales 76 Independent Auditor’s Report and Financial Statements 89 Appendices 90 Notice 91 Performance Envelope Calculations 93 Audience Data Sources 98 Financing Sources: Defi nitions For a more detailed version of this annual report, including 100 Funding Lists more charts and tables, funding lists and videos please consult our website at http://ar-ra11-12.cmf-fmc.ca. 3 Annual Report 2011 – 2012 About the CMF Mandate & Vision Funding Model The Canada Media Fund (CMF) champions the creation and The Canada Media Fund (CMF) delivers fi nancial support to promotion of successful, innovative Canadian content and software the Canadian television and digital media industries through applications for current and emerging digital platforms through two streams of funding.
    [Show full text]
  • Become a Game Tester TM
    Become A Game Tester TM Become A Game Tester Matthew Johnson http://www.BecomeAGameTester.com ALL RIGHTS RESERVED. No part of this report may be reproduced or transmitted in any form whatsoever, electronic, or mechanical, including photocopying, recording, or by any informational storage or retrieval system without express written, dated and signed permission from the author. All cases of illegal sharing will be prosecuted. DISCLAIMER AND/OR LEGAL NOTICES: The information presented herein represents the view of the author as of the date of publication. Because of the rate with which conditions change, the author reserves the right to alter and update his opinion based on the new conditions. The report is for informational purposes only. While every attempt has been made to verify the information provided in this report, neither the author nor his affiliates/partners assume any responsibility for errors, inaccuracies or omissions. Any slights of people or organizations are unintentional. ©BecomeAGameTester.com Page 1 Become A Game Tester TM Table of Contents Table of Contents ............................................................................................................................2 Introduction ................................................................................................................................... 3 Chapter 1: What It Takes To Be A Game Tester ............................................................................ 5 Requirements ............................................................................................................................
    [Show full text]
  • Wes Baker and Colleen Hamilton Lighten the Olympic Eco-Load
    UNIVERSITY OF VICTORIA | BUSINESS ALUMNI MaGAZINE FALL/WINTER 2009 Team GREEN Sport swap! Wes Baker and Colleen Hamilton A Paralympian lighten the Olympic eco-load makes it look easy • VANOC chat +• Gaming recycled • Daring disclosures PM 40065475 PM As a CMA, you will know what the numbers mean, and how to turn them into real ideas across your company. Through the CMA Executive Program at UVic, you will strengthen your Strategy, Management and Accounting abilities to make it happen. To learn more, contact Mike Simons at [email protected] or 250.665.7212. CMA of BC.indd 1 9/29/09 9:44:37 AM UVIC BUSINESS ALUMNI MAGAZINE | UNIVERSITY OF VICTORIA Contents FALL/WINTER 2009 Business Class is published biannually for: Faculty of Business Features University of Victoria 3800 Finnerty Road Victoria, BC V8P 5C2 11 Doing it right Canada 12 Black to green to gold Phone: 250-721-8264 Colleen Hamilton is shrinking the Olympic footprint, one o set at a time Fax: 250-721-6613 Website: www.business.uvic.ca 14 The anti-pollution advertising solution Wes Baker, enviro-entrepreneur and bane of ‘brand ll’ EDITOR Dianne George MANAGING EDITOR Kirsten Rodenhizer 16 Star for all seasons ART DIRECTOR Timothy R Lee Paralympic track champ Andrea Holmes hits CONTRIBUTORS Jeff Bay, Krista Boehnert, Connor Edwards, the slopes for 2010 Charlotte Ellan, Andrew Findlay, Dianne George, Cristy Hartman, Tiana Mah, Robert Moyes, Sashie Steenstra, Chris Stone, Casting a new ‘net’ Nathan Weathington, Monika Winn 19 You can’t hang your diploma on the wall EDITORIAL BOARD Dale
    [Show full text]
  • Performance Through an Avatar: Exploring Affect and Ideology Through Narrative in Videogames
    PERFORMANCE THROUGH AN AVATAR: EXPLORING AFFECT AND IDEOLOGY THROUGH NARRATIVE IN VIDEOGAMES DAVID OWEN A DISSERTATION SUBMITTED TO THE FACULTY OF GRADUATE STUDIES IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY GRADUATE PROGRAM IN THEATRE AND PERFORMANCE STUDIES YORK UNIVERSITY TORONTO, ONTARIO NOVEMBER 2015 © DAVID OWEN, 2015 ii Abstract Videogames are a major source of popular cultural narratives surpassing even Hollywood films. Videogames, however, cast the player as the active agent within the narrative as opposed to film, television, and traditional theatre where the separation between performer and audience is clearly demarcated. This dissertation investigates the affective potential of videogames realized through the relationship of the player and the avatar within the game world. Specifically, I look at the avatar as an affective conduit for the player, how the feedback between the player and avatar creates a cybernetic relationship, how this relationship changes the player, and how this change potentially augments the player’s interpretation of reality—virtual and otherwise. It is through this changed (and augmented) interpretation of reality that socio/political ideological meanings— intentional or not—may be absorbed by the player. Ethnographic research conducted with six volunteer participants combined with my own autoethnographic research into several recent popular videogames is intersected with theories of affect, embodiment, and ideology. My findings suggest that experience with the virtual realities of game worlds is one step removed from actual experience. Since videogames are composed of representations, the ideological positions embedded within those representations are not simply presented and understood like traditional theatre, film, and television, but are embodied by the player through the avatar as (nearly direct) experience.
    [Show full text]