The Canadian Press

2015-04-24 | NS Film Credit

Preview Clip

A tax credit at the centre of a dispute after this month's Nova Scotia budget has been revamped following days of talks between the film industry and the province. A proposed cut that would see the credit reduced to six million dollars from 24 million will proceed. However, the structure of the incentive has been changed to a regime similar to one in Alberta. Screen Nova Scotia vice-chairman Scott Simpson says more talks are needed to ensure it is meeting the industry's needs. (The new change would provide base funding that is 25 per cent refundable for all production costs including labour. There would be an additional two per cent bonus for shooting outside of Halifax, two per cent for indigenous producers shooting their own work and one per cent for series production.)

Date: 2015-04-24
Placeline: HALIFAX.
Source: The Canadian Press
Length: 15 seconds

Transcript Prediction: << and we're going to be meeting again with him next week to get the details of of the actual criteria this program in place there's any others there's a certain that the broad Strokes are in the financial will go in the financial measures act but there's a lot of detail that needs to be worked out over the next few weeks >>