Jim Craig was born in Toronto, Ontario, in 1954. After graduating from high school, he attended Sheridan College, where he studied Media Arts and Cartooning, and Graphic Story Arts. In 1975 Craig teamed up with the writer James Waley on a revamp of the Canadian superhero, 'The Northern Light', and their definitive version of the hero continued to appear in Waley's ORB magazine (# 4 & 5) and in Power Comics (# 4). During the 1975-1995 period, Craig also contributed to various Marvel Comics titles, including 'Master of Kung-Fu', 'Marvel Premiere', 'Spider-Man: The Trial of Venom', 'The Scorpion', 'The Hands of the Dragon', 'Wulf the Barbarian', and 'The 3-D Man'.
Craig has also produced numerous giveaway comics, including the popular Jr. Jays Magazine (1993-1998). For the past few decades he has also worked extensively as a storyboard artist for Nelvana ('Inspector Gadget', 'Ewoks', etc.) and other animation studios, as well as for live-action feature films and TV. Among the many movies that he has worked on are Dead Zone, Sea of Love, Johnny Mnemonic and The Big Hit. His television credits include Twilight Zone, Robocop and Road to Avonlea. He also served as the director of Nelvana's Mythic Warriors / Guardians of the Legend animated series.