The venue serves as the primary home to the annual Hot Docs Canadian International Documentary Festival, as well as screening a regular theatrical lineup of documentary films throughout the year and serving as a venue for other smaller film festivals and cultural events.

The Rocky Horror Picture Show was traditionally screened with a live cast on Halloween and on the last Friday of every month.

It is the main location for the Hot Docs, akin to the Toronto International Film Festival's Lightbox.

[2] In the wake of a staffing upheaval that had impacted the 2024 edition of the festival, the Hot Docs announced the temporary closure of the theatre for three months starting June 12 as a cost-cutting measure.

Hot Docs is seeking a new owner for the theatre and wants to secure a lease-back arrangement, which is "part of its longer-term rebuilding strategy", according to a statement by the festival.