April 20, 2024

Lots of money at stake in film industry

Thousands of people packed North Shore Studios to rally support for the BC film industry.

Many in the industry say BC is losing productions to Ontario because of tax breaks and other incentives.

Cheryl Nex is the Vice-Chair of the Motion Picture Industry Association, “Their incentives are higher. When you talk about the base incentive and then adding the return of the Provincial Sales Tax April 1st, we fall 12 to 13 percent behind.”

The BC movie industry creates 85 thousand jobs and pours over a billion dollars into the economy every year.

CKNW Vancouver News

Posts Related to this Article:

About The Reporter

The Reporter knows what's happening in and around Vancouver and the Lower Mainland. He reports the latest news (sometimes a bit biased) and other updates. Look to The Reporter for information about Vancouver news.