Credit for film and TV touted as among the most generous in Canada
Posted January 15, 2019 11:37 am.
This article is more than 5 years old.
WINNIPEG — The Manitoba government is making its tax credit for film and video productions permanent.
Sport, Culture and Heritage Minister Cathy Cox says the credit, which was set to expire at the end of this year, has attracted projects and boosted the economy.
Finance Minister Scott Fielding says the province will offer more to the film and video industry in the spring budget, which is expected in March, but he would not reveal details.
People who produce film or video projects in Manitoba can get back either 45 per cent of a project’s labour costs or 30 per cent of all production costs, and there are bonuses for shooting in rural or northern locations.
In 2017, the government hired outside consultants to review the tax credit.
The KPMG report said the credit is the most generous among the provinces, and recommended reducing it in line with other western provinces.
The Canadian Press
