NDP introduces legislation to reinstate film and television incentives
November 10, 2016
For immediate release.
HALIFAX – The NDP Caucus introduced legislation today to reinstate the Film Tax Credit, the Film and Television Development Program, and the Equity Fund, which were eliminated by the Liberal government in 2015. The Film and Television Development Program and the Equity Fund were especially important in developing independent and local productions.
“Gutting the Film Tax Credit has had negative impacts on our economy and on the vibrant arts and culture community in our province,” said NDP Arts and Culture Critic Lenore Zann. “The right thing to do is to reinstate these incentives as they were before the cuts and work to rebuild the creative economy in Nova Scotia.”
A report by PricewaterhouseCoopers, which was commissioned by the Canadian Media Producers Association and Screen Nova Scotia, found that in 2014 the film and television industry employed 3,200 people and had an economic footprint of $180 million in GDP, which included $137 million in wages.
“Stephen McNeil threw our vibrant and thriving creative economy into chaos when he cut these programs. The industry is doing its best to recover, but reinstating these incentives will send a strong message that Nova Scotia is back on track and open for business,” said Zann.
For more information, contact Kaley Kennedy at 902-229-6881 or email@example.com.