Hollywood North Is Dying

The movie business in Toronto, long popular with Hollywood producers because it was cheaper than working in the US, has dried up. “With foreign film production down almost 40 percent from the peak years of 1999 and 2000, the debate in Canada has become how to compete with lower-cost areas like Eastern Europe or American states like Louisiana and New York that have recently introduced attractive filmmaking subsidies.”

Source: The New York Times - 12/23/04