Zann says film funding too little, too late
June 17, 2016
For Immediate Release
Halifax, NS – The small increase in funding announced this morning for the film industry by Stephen McNeil and the Liberals is too little, too late.
The Liberals gutted the film industry by breaking their election promise to keep the Film Tax Credit. Since the Liberals broke their promise, many people have left the province and the number of films being produced is much lower.
“The Liberals are scrambling because the $10 million cap on the industry is clearly not enough,” says Lenore Zann, NDP Film and Television Critic. “Stephen McNeil won’t admit he is wrong on this issue. A small increase in funding doesn’t address the much bigger issue of restoring the Film Tax Credit and rebuilding our creative industries in Nova Scotia.”
The increase of $1.5 million brings the total funding for the film industry up to $11.5 million. When it was cut, the Film Tax Credit was valued at $23.5 million. The difference between what the Liberals are providing and what is needed is $12 million or 0.0012% of the provincial budget.
The NDP supports restoring the Film Tax Credit and making investments that help our cultural industries grow.
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For more information please contact Kyle Buott at (902) 266-2068