Light at the end of the tunnel?

I hope so. I’m so tired of being unemployed.

Local TV/film production hopes tax credit will turn around slow times

VANCOUVER (NEWS1130) – The local film and TV industry has taken a beating from the on-going writers’ strike, but the provincial government has provided some light at the end of the tunnel. BC is boosting tax credits for the entertainment industry that provides thousands of jobs, ranging from actors to truck drivers.

With some productions slipping out of town to take advantage of better tax breaks in Ontario and Quebec, BC has matched their tax credit increases, boosting the basic tax credit to 25% (up 7 %) and the incentive tax credit to 35% (up 5 %).

Glenn Bottomley at the talent agency, Local Colour, says it gives him hope business will get back to normal once all the entertainment industry’s labour problems are solved. He says the writers’ strike has really hurt the talent business. “We’re in the neighbourhood of being down 30 to 50 percent of where we would be at this time of year normally.”

The Motion Picture Production Industry of BC salutes the tax credit improvements.