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NDP and B.C. film industry call for better tax credits

NDP MLAs and B.C. film industry members gathered at Brightlight Pictures at Burnaby's Bridge Studios on Sunday (January 31) to call for government action to help the B.C. film industry regain its competitive edge.

In June 2009, Quebec and Ontario announced they would expand their tax credits to include all production costs. (Shortly thereafter, Alberta, which operates on a grant system instead of credits, also increased its tax incentive program from a maximum cap of $3 million to $5 million.)

This interprovincial competition left B.C. behind, as our province's tax credit only covers labour-related expenses.

Consequently, B.C. has been losing productions to other Canadian provinces with more attractive tax credits.

Film productions hoping to shoot in Vancouver have also had to rearrange their schedules or relocate due to the road closures and other logistical problems caused by the 2010 Winter Olympics.

NDP leader Carole James, arts and tourism critic Spencer Herbert, and finance critic Bruce Ralston joined Shawn Williamson of Brightlight Pictures, who told the Straight in September of last year that he had already lost several projects to Ontario and opened an office in Toronto for his Vancouver-based company.

James proposed enhancements of the visual effects tax credits, the film incentive tax credit, and tax credits for production services in addition to a bonus for TV pilots and shows in their first year and an intellectual property tax development fund.

The provincial budget will be released on March 2.

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DJ BALL
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These Olympics are putting 50,000 film industry employees out of work for 6 weeks and ruining them financially.

Where's our bailout ?
 
Dave a Location Manager
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There are 15 projects that were slated to film in Vancouver, but have moved back east to take advantage of the cheaper tax credits. If the gov't doesn't take action now and waits until April to announce something positive there will be more people out of work and collecting EI.
 
Rocky
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The Olympics are a joke!
 
C now working outside tv
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Film and tv have been hit hard by the high Cdn $$, the Global tv virtual bankruptcy and now, in Vancouver, the Olympics. The province and the city just do not understand that the tv and film industry is an industry. It deserves to be supported just like it is in Ontario.
 
On the tit
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I work in the industry, but as a citizen I don't think that industries that are not and will never be self-sustaining should be subsidized. The film and TV business needs to make a proper business case for support from the taxpayer or we should be putting money into industries that someday will not need support.
 
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