As Canadian Dollar Rises, American Movie Production Leaves Canada

Canada has been able to attract lots of film and TV production from south of the border because of a cheap dollar and government tax incentives. But the Canadian dollar has been on the rise compared to the US. “After the dollar climbed to 71.80 cents (U.S.) last week, industry and provincial officials are worried that U.S. film makers will look to other locations such as Australia and New Zealand.”