Quote:
Originally Posted by AWDTurboLuvr
Still, that's 40% only on labour, which is pales in comparison to ONT and QC which offer tax credits to the entire production. Which is why you see VFX work still in Vancouver but live-action shooting dropping in BC.
I honestly think the general public wouldn't want more money than last year ($437m) spent on an economy largely benefitting US studios. Don't get me wrong, I work in the CGI industry and I love it, but it's not an essential service.
How would the teachers union feel when the Film industry gets an increase in the budget but not higher education?
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The thing about the film industry is that it directly supports dozens of other local industries. Construction, food service, textiles, electricians, hotels, etc., etc. At one point the industry was spending over $1.2 Billion in BC alone. No matter how you slice it, that is a
lot of cash for the government, local businesses and crew/cast members.
Also keep in mind that we're not
giving the studios money by increasing the tax credits. We're merely taxing them less.