Canada

According to my experience there are lots of career scope in animation and VFX field. Animation and VFX is biggest part of Media and Entertainment industry.
Accordingly FICCI report, Media and Entertainment Industry is highly growth field right now.
The Federation of Indian Chambers of Commerce and Industry (FICCI) is an association of business organizations in India.
The media and entertainment industry in India consists of many different segments under it's folds, such as television, print, and films, radio, music, OOH, animation, gaming and visual effects (VFX) and Internet advertising. You can work all these segments.
In these segments, you need just understanding of software skill, tools of the industry no further requirement is needed.
As per the combined survey report by KMPG and FICCI, the entertainment industry in India is expected to expand by 12.5% every year and is likely to reach US$20.09 billion by the year 2013.
The industry is estimated to achieve growth of 13 per cent in 2011 to touch US$16.2 billion. As the industry braces for exciting times ahead, the sector is projected to grow at a CAGR of 19 percent 2020 which is highest growth as compare to other fields that mean more income and jobs.
In MNCs like Pixar, Technicolour (Bangalore), Rythm and Hues (Hyderabad), Red chilies, Prime Focus, DQ entertainment etc. salaries are more than software engineers.
If you are interested in this field, so you can just join a professional career based course in best institute no degree is required in this field, because I have already mentioned that Animation and VFX depends on creativity and software skills.
For more information please visit:
https://www.shiksha.com/Maya-Academy-Of-Advanced-Cinematics-Chandigarh-institute-college-listingoverviewtab-37864
http://indianexpress.com/article/entertainment/entertainment-others/indias-animation-industry-has-seen-unprecedented-growth-avneet-kaur/
http://www.animationxpress.com/index.php/latest-news/animation-and-vfx-industry-to-grow-by-8-5-per-cent-and-18-5-per-cent-respectively-by-2020-ficci-kpmg-report

First of all, your choice of PGDM over Masters is a great move, as you get exhibited to more practical work and a co-op would let you into an internship after your 16 months of course, and I was on same boat but work experience matters later after your PGDM. You may get landed into a job straight after your course in Canada or you may not, so better be secured with genuine work experience, which will definitely help you in your career. My suggestion is to go for work related field for 24months at least and later on go on with your PGDM in Canada, which may land you into a job and a great future. As you have experience, you may be preferred too.