Ontario Movie Biz Gets A Big Boost

Canada’s film industry will be getting a much-needed boost in 2005, with the announcement of a new tax incentive package worth CAN$48 million. Workers in the industry had been flooding the Ontario legislature with demands for relief following a year in which the bottom dropped out of the province’s film business, largely as a result of the rising Canadian dollar, the faltering U.S. currency, and new incentive packages being offered to filmmakers by other locales.

Source: The Globe & Mail (Canada) - 12/22/04