Canada Film Capital

News Archive

Ontario’s enhanced Production Services Tax Credit now passed into law

December 15, 2009 - The Ontario government has enacted the legislation expanding the Production Services Tax Credit to ‘25 % of qualifying labour and 25 % of qualifying production costs incurred in Ontario’. The legislation (Bill 218) covers expenditures incurred after June 30, 2009

Please click here to see Bill 218.

For further details over the next few days, please refer to the Ontario Media Development Corporation’s website http://www.omdc.on.ca Canada Film Capital looks forward to servicing your next production in
Ontario !

Alberta announces changes to Film and TV grant program

August 5, 2009 The Alberta Film Development Program grant percentages have been increased by 6%.

The three streams available to film and television productions are now at the following levels:

Stream I - 27% to 29%
Stream II - 25% to 27%
Stream III – 20% to 22%

The per-project grant cap has also been raised to $5 million from $3 million. The total value of the AFDP fund remains fixed at $20 million for fiscal year 2009-2010.

The changes are retroactive to April 1, 2009. Applications currently in the system will be amended accordingly.

Ontario announces tax credit enhancements

June 30, 2009 The Ontario government announced last night its proposal to "expand the Ontario Production Services Tax Credit to incorporate all qualifying production costs incurred in Ontario, including qualifying labour costs as well as the purchase or rental of qualifying tangible properties, such as equipment and studio rentals."

The proposal would cover expenditures incurred after June 30, 2009.

For further details, click here

News release from the Ministry of Finance

Proposed Enhancement Bulletin, released September 10, 2009

Québec moves to an all-spend tax credit base

June 12, 2009 In an effort to attract foreign producers, Québec has broadened the base of its 25 % tax credit to include all qualified production costs in Québec. Both qualified labour costs as well as costs related to the acquisition or rental of tangible qualified properties will be eligible for the production services tax credit. Québec’s VFX credit base has also been broadened; the VFX tax credit rate is now 5% of all VFX production costs incurred in Quebec.

For further details, click here

Press release from the Ministry of Finance