B.C. eyes provincial truce on movie subsidies

Cost of film tax credits nearing $400m per year, Finance Minister Mike de Jong says

The 2010 movie Tron: Legacy was made in B.C.

Finance Minister Mike de Jong says B.C. is seeking a truce in the long-running subsidy war with other provinces over Hollywood movie production in a bid to contain the high cost of film tax credits.

He made the comments Wednesday at a forum on the economy and jobs at the Union of B.C. Municipalities convention, where Vancouver Coun. Adriane Carr asked what the province will do about high unemployment in the Lower Mainland film industry.

“I think we’re being played in Canada,” de Jong responded. “We’re being played one province against another. And the time has come for us to get smart and sit down as provinces and say ‘Here’s what we agree to do in Canada’.”

De Jong said B.C. has already begun exploratory talks with Ontario and Quebec on a reformed approach to film tax credits.

B.C.’s expenditure on film tax credits is nearing $400 million a year.

He said that’s paid out as a percentage of a production’s costs – no matter whether it makes or loses money – treatment other sectors can only dream about.

“I defy you to find a business in British Columbia that wouldn’t like to tally up their labour costs and send it to the government and get a cheque.”

De Jong said B.C. will continue to invest in film tax credits to support the industry, but said the province is at its limit.

“We are not either able or inclined to send more British Columbia tax dollars to a production house in Hollywood,” he said, to applause from delegates.

Jobs, Tourism and Skills Training Minister Shirley Bond said production numbers in B.C. are up this year, including major shoots involving actor George Clooney.

She said the government is considering opening a film office in Los Angeles to help sell the advantages of shooting in B.C.

 

Just Posted

‘Bullet missed me by an inch’: Man recounts friend’s killing at Kamloops hotel

Penticton man witnessed Summerland resident Rex Gill’s murder in Kamloops

B.C. BUDGET: Surplus $374 million after bailouts of BC Hydro, ICBC

Growth projected stronger in 2020, Finance Minister Carole James says

Highway 97 north of Summerland could be open by end of week

Detour in place as crews continue to clear rock slide and stabilize area

Summerland victim in Kamloops shooting may be a case of mistaken identity

Rex Gill, 41, was not previously known to Kamloops police unlike second shooting victim

Okanagan ski resort officials displeased with Family Day roll-out

From one peak of the Okanagan to the other, resort officials have raised concerns

VIDEO: 8 things you need to know about the 2019 B.C. budget

Surplus of $247 million with spending on children, affordability and infrastructure

Crash closes highway between Vernon and Lumby

Traffic being routed around the scene

Level nightclub will be closing

Three cougar sightings in Central Okanagan

Two cougars have been reported in Lake Country

Vehicle located in 2018 Shuswap abduction attempt

Chase RCMP say car used has since been sold, suspect still at large

We like it! Readers support the shift in Family Day dates

Readers support the date switch, while Ski Resorts may not

Cougar ‘living’ next door to Okanagan elementary school

Conservation Office has been alerted and monitoring large cat

Dog dies in Kamloops RV fire

According to a fundraiser posted on social media, the cause of the fire was electrical

B.C. BUDGET: Income assistance raise still leaves many below poverty line

$50 per month increase included in funding for poverty and homelessness reduction

Most Read