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Ontario and Quebec Enhance Production Services Film Tax Credits: Base Increased to Include All Production Costs

July-10-2009

Area Entertainment

Summary

The Governments of Ontario and Quebec recently made significant positive changes to their respective production services film tax credits – changes which will directly benefit non-Canadians who choose to produce film and television productions in these provinces.  In an effort to encourage more foreign service production in the province of Quebec, the Quebec Minister of Finance, Raymond Bachand, announced on June 12, 2009 that the 25% Quebec Refundable Tax Credit for Film Production Services (“QRTCPS”) would henceforth apply to all qualifying production costs incurred in Quebec with respect to a qualified production, as opposed to only qualifying Quebec labour costs.  Ontario was quick to follow Quebec’s lead.  On June 29, 2009, Dwight Duncan, the Ontario Minister of Finance, announced that the 25% Ontario Production Services Tax Credit (“OPSTC”) will apply to all qualifying production costs incurred in Ontario after June 30, 2009 including both qualifying labour and non-labour related costs incurred in the province.

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