Sask. Party turns away global film industry
The Sask. Party government’s vastly inadequate new film tax credit sends a clear message to the global film industry: ‘don’t bring your money or jobs to Saskatchewan.’
“The new tax credit closes the door to the global film industry,” said Danielle Chartier, NDP critic for culture. “A vibrant film industry is about attracting dollars to the province. The Sask. Party government’s weak new tax credit tells the international film community that they’re not wanted here, their money is not welcome here and the jobs they create are not needed here.”
Under the former Saskatchewan Film Employment Tax Credit (SFETC), more than $600 million was invested into Saskatchewan, much of that amount flowing across borders into the province. The new Film/TV and Digital Tax Credit (FTDC) all but precludes outside investment.
“The SFETC put new money into our economy by attracting productions from all over the world,” said Chartier. “Turning away that outside investment isn’t common sense.”
The NDP will continue to examine the new program over the coming days; but said that the Sask. Party should return to the drawing board and come up with a solution which would draw new dollars and productions to Saskatchewan.
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