Canadian Provinces Duke It Out With Film Tax Credits

The tax credit game continues. Recently Ontario boosted its tax credit program for film production from 11 percent to 18 percent, trying to lure back business lost to the US. Then Quebec raised the stakes to 20 percent for foreign productions. Now British Columbia’s film industry is pressuring the provincial government for similar action. “I was two minutes into the phone call before they said, ‘Well, is it possible to shoot the film in Ontario instead of B.C. so that we get the extra percentages?’ “

Source: The Globe & Mail (Canada) - 01/11/05