It’s been clear for some time that the production industry in B.C., worth $1.18-billion in 2011, was heading for trouble. As the Canadian dollar rose, Ontario and Quebec improved their tax credits. B.C. did not keep up. This province offers a credit of 33 per cent on labour costs, but in Ontario and Quebec, the rebate is 25 per cent of the total spend.
Even a temporary levelling of the playing field would make a difference, says Peter Leitch, chair of the Motion Picture Production Industry
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Monday, January 21, 2013
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