June 29, 2009 - The government is proposing further enhancements to its permanent film and television production services tax credit. It is part of the government’s plan to support growth and job creation in Ontario’s economy, including the film and television industry.
The amendments would expand the Ontario Production Services Tax Credit to incorporate all qualifying production costs incurred in Ontario, including qualifying labour costs as well as the purchase or rental of qualifying tangible properties, such as equipment and studio rentals.
These proposed measures would take effect for expenditures incurred after June 30, 2009.
The province is also committed to working with British Columbia and Quebec to coordinate better ways to attract business.
Learn more about economic development opportunities for Ontario’s cultural media industries through the Ontario Media Development Corporation.