NOVA SCOTIA FILM INDUSTRY GROUP GIVES UP BATTLING FOR TAX CREDIT

Aug 31, 2015

By Michael Kramer

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The group representing Nova Scotia’s film industry says it has given up – trying to persuade the province to reverse its decision to scrap a key film tax credit.

Marc Almon, chairman of Screen Nova Scotia, emerged from an emergency meeting with Business Minister Mark Furey – to say the industry accepts that a new, $10-million film incentive fund will remain in place – even though the industry is shrinking now that the $24-million tax credit is gone.

Screen Nova Scotia last week demanded an emergency meeting with Premier Stephen McNeil – after two production services companies announced they would be closing their operations in the province.

McNeil rejected the request before he headed to China on Saturday for a trade mission – saying the incentive fund would remain in place and Furey would be meeting with Screen Nova Scotia.

After the meeting today Almon said the talks were productive, but he declined to say what potential solutions the industry group had presented to Furey – who will meet with the group again within the next four weeks.

Furey says it was disappointing to learn the two companies were shutting down – but he insisted there are plenty of competing firms in Nova Scotia and in other provinces that can supply the industry.

 

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