And then there is the restructuring of the Film Tax
Credit (FTC). The changes that have been
made are quite dramatic and will have a disproportionate impact on film production
in the Halifax region. Since the introduction of the FTC in the 1990's the
industry has grown significantly, and benefits our Province in a number of
ways. It leads to jobs in the industry, and has deeper impacts in supporting
other industries and entrepreneurs across the community. I have been on sets locally
and seen how many local companies benefit from the film and animation projects.
The financial impact of restructuring the FTC depends on
who you ask, but people in the industry and other observers are more than
worried about the net result. So am I.
I am reticent to challenge the decisions of other
governments as they grapple with tough action. I know from my own political
experience, and particularly that of my father who governed in challenging
times, that there isn't an easy route out of deficit and debt. And I know that
most people are inclined to urge restraint and serious action to reduce government spending,
until it has an impact on them or their projects. I also know that Premier McNeil and
Minister Whalen are good people who are focussed on doing the right things,
even when they are not popular, and they are on the right track. But I think
this plan needs to be adjusted.
I am pleased that Minister Whalen is meeting with
representatives of the film industry, and I urge reconsideration of the dramatic changes to the film
tax credit.
Thank you, Mike, for this considered and supportive statement. Your dad, who I had the pleasure of knowing and supporting back in the 1990s, would be proud.
ReplyDeletePaul Kimball
www.winterlightproductions.com
This is a wise comment in a very stormy situation, It is comforting.
ReplyDeleteThank you for continuing to urge the reconsideration of the Film tax credit. It is so unbelievably appreciated. My brother has been in this industry his whole life and it hasn't been easy. He has fought and clawed for the success he has had tooth and nail, let me tell you. Please don't make it all for not, especially for the others in this difficult industry. Lives are seriously at stake here. Whatever you can do will be profoundly appreciated!!
ReplyDeleteThank you for weighing in with these comments.
ReplyDeleteWell stated Mr Mayor. Salient, well thought out and an important statement from you. As I stated in an open letter to The Minister and the Premier the other day, the subsidiary spends associated with the film industry in NS were completely overlooked by the government - they only considered the direct costs associated with the FTC
ReplyDeleteThanks Mayor Savage.
ReplyDeleteWalter
Very good sir.
ReplyDeleteVery good sir.
ReplyDeleteGood stuff Mike
ReplyDeleteWell said, and your Dad would be appalled to see Liberals acting without consultation!
ReplyDeleteWell said Mayor Savage. Very pleased to see that you can see the entire picture, and I hope to see some "big screen" vision on the part of our provincial government.
ReplyDeleteGood job and tks for speaking out Mayor Savage .. i don't work in film but these talented folks and this industry sure need help at this time ... surely something manageable can be worked out ........
ReplyDeleteGood job and tks for speaking out Mayor Savage .. i don't work in film but these talented folks and this industry sure need help at this time ... surely something manageable can be worked out ........
ReplyDeleteAs a member of the theatre community I applaud your voice----this industry is a corner stone to all the arts communities and it will be hugely damaging if it disappears.
ReplyDelete