The recently published PwC Global Entertainment and Media Outlook 2007-2011 forecasts that film entertainment spending in Canada will grow by 4% annually to US$6.9 billion in 2011, up from $5.6 billion in 2006. The Big Table* Film and Video Incentives in Canada summarizes the related tax incentives.
With the Canadian dollar being as strong as it is (relative to its US counterpart), 2008 will be a challenging year for the film and digital media industries. Thankfully, there has been some significant legislative activity to help film companies offset the strong Canadian currency in the form of provincial tax credits. For example, media companies can now take advantage of the new Nova Scotia Digital Media Tax Credit.
This publication reflects the numerous tax incentives available for companies in the film and digital media industries.
To help you navigate these tax incentives, download The Big Table publications below or contact a member of our entertainment and media team.
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