After having more “productive” meetings with film industry stakeholders, B.C.’s culture minister admits he still can’t give them what they want.
“I believe that we’re missing out on some of those benefits that go to the Crown, and that’s what I’m trying to help the industry figure out.”
Speaking on CKNW’s The World Today, Bill Bennett says it’s obvious that local filmmakers need help, but the province can’t afford to give them any more subsidies.
“We thought we were going to be spending about $ 285 million on these so-called tax credits. It looks like it’s going to be closer to $ 330 million. I don’t think what Ontario is doing is sustainable.”
Ontario is offering better incentives than B.C.
Bennett says he’s looking for a way to protect exemptions provided under the harmonized sales tax once that tax is gone, but again, he’s making no promises.
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