George Heyman questions the government about tax competitiveness in the BC film industry

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“As I’m sure the minister is aware, because this study has been available for two weeks, the industry just commissioned a study on the economic contributions of film and TV in Canada. It shows a significant number of both direct and indirect small business jobs created by the investment, as well as significant payment in provincial taxes.

B.C. currently has a 27 percent share of production in Canada. The math is pretty simple; it’s not hard. And the numbers are impressive — including the fact that the industry returns in British Columbia, if you apply that formula, double the amount of tax credits that the minister referred to. That’s a good deal for taxpayers. It’s a great economic stimulus and job creator.
My question to the Minister of Finance again: will this minister and this government heed the call of the industry, producers and workers and support B.C.’s job-generating industry with a competitive tax regime, or will the government’s message continue to be: “It’s clobbering time for the B.C. film industry?”