Recent investment shows cut to film tax credit unnecessary
July 20, 2016
HALIFAX – NDP Film and Television Critic Lenore Zann is once again questioning the government’s decision to cut the Film Tax Credit after this week’s announcement of $5.9 million for a single production.
“While government investment in the film and television industry is always welcome and needed in this province, these kinds of one-offs are no replacement for the broad investments in our local productions needed to make our creative industries not only survive, but thrive,” said Zann.
The funding for Stephen King’s “The Mist” is well over the $4 million per production limit of the Film and Television Production Incentive Fund. The Liberal government is providing this money outside of the fund.
“This announcement is an attempt to distract voters from the true impact of the Liberal government’s attack on the film and television industry,” said Zann. “The government claimed that the Film Tax Credit was too expensive. Yet after throwing the industry into chaos, the McNeil Liberals have found money to support some productions.”
At its policy convention on June 25, the Nova Scotia NDP passed a resolution to support full reinstatement of the Film Tax Credit.
For more information, contact Kaley Kennedy at 902-229-6881.