The film is the fifth in the Tales for All (Contes Pour Tous) series of children's movies created by Les Productions la Fête.

Two children, Jenny and David, meet a leprechaun-like creature called Fritz in the woods; however, his gold dust is being stolen by a wicked hunter.

The reviewer at the Canuxploitation website, which is devoted to Canadian B-movies, thought that The Great Land of Small was "a real oddity", labelling it "a half-baked fantasy".

Although praising the inclusion of Cirque du Soleil, he thought of The Great Land of Small as one of Demers' least successful films.

Arguing that the beginning of the film was "tediously padded", they thought that the subplot based around Mimmick and Flannigan was unnecessary, and that the actual Great Land of Small – while envisioned as a place like the Land of Oz or The Neverending Story's Fantasia – was "a distinct disappointment" due to its "embarrassingly low-budget production design, and cheap editing tricks".