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

Okanagan RCMP look for owners of various keys located during arrest

RCMP seek to reunite the owners of various keys found at the arrest of suspects in a stolen vehicle.

VIDEO: This is what buying legal pot in B.C. looks like

Take a look inside B.C.’s first and only legal pot shop located in Kamloops

BC Green already planning Princeton expansion

Company purchases ore land in industrial park

Don’t be dazed and confused about cannabis legalization

Sitting down with an Okanagan lawyer to clear the haze of marijuana rules

10 things still illegal in the new age of recreational cannabis

Pot is legal – but there are still a lot of rules, and breaking some could leave you in jail

Mellow opening to B.C.’s only legal pot shop

About five people lined up early for the opening of the BC Cannabis Store in Kamloops.

VOTE: Nature in Focus reader’s choice photo contest

The Penticton Western News Reader’s Choice photo contest

Goodbye cable, hello Netflix: 1/3 of Canadians cut the cord

Just under half of households no longer have a landline phone

‘Some baloney’ in assertion Canada’s pension fund has highest ethical standards

The Canadian Press Baloney Meter is a dispassionate examination of political statements culminating in a ranking of accuracy on a scale of “no baloney” to “full of baloney”.

In Mexico Beach after Hurricane Michael, some coming home find no home

State emergency management officials said some 124,500 customers across the Panhandle were still without power Wednesday morning and 1,157 remained in shelters.

Man linked to Saudi prince at consulate when writer vanished

Saudi Arabia, which initially called the allegations “baseless,” has not responded to repeated requests for comment from The Associated Press over recent days.

Manhunt in Crimea for possible accomplice in school attack

An 18-year-old student, who later killed himself, was initially believed to be the only one involved

Police hand out a few hefty fines for allegedly violating Cannabis Act

Police in Canada posted a photo of a $215 ticket given to someone who allegedly had a baggy of marijuana in their car

Great British Columbia ShakeOut earthquake drill reminder

Don’t miss the opportunity to participate in the Great ShakeOut

Most Read