B.C. aims to hang onto 'Hollywood north' title by boosting film and TV tax incentives
- B.C. is working to keep its 'Hollywood North' title by increasing film and TV tax incentives.
- The province aims to make itself more appealing to filmmakers and production companies.
- Both federal and provincial governments are participating in this initiative.
- The film and TV industry significantly contributes to the B.C. economy.
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British Columbia to Hike Film Subsidy to Confront Sharp Production Decline
The premier of British Columbia announced a significant hike on Thursday in tax incentives for film and TV, as the province struggles with a sharp decline in production. Premier David Eby said the Production Services Tax Credit — which goes to international productions — will increase from 28% to 36%. The domestic credit will also increase from 35% to 36%. In making the announcement, Eby said British Columbia must do more to compete with oth…
·Los Angeles, United States
Read Full ArticleB.C. hopes to hang onto 'Hollywood North' title by boosting film and TV tax incentives
Premier David Eby said the tax credit for international projects made in B.C. will jump from 28 to 36 per cent, and an incentive for Canadian-content productions will increase from 35 to 36 per cent.
·Canada
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Total News Sources50
Leaning Left22Leaning Right2Center5Last UpdatedBias Distribution76% Left
Bias Distribution
- 76% of the sources lean Left
76% Left
L 76%
C 17%
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