TORONTO, Dec. 14 /CNW/ - Ontario's film and television industry is very
pleased that Premier McGuinty and this Government heard the message and is
serious about addressing the manufacturing crisis facing Ontario's film and
"We asked the government to announce that it will implement the first
year of its 2007 election platform promising tax credit investment as soon as
possible, preferably an announcement before Christmas," said Susan Murdoch,
co-chair of Film Ontario, and Partner/Producer of QVF Inc. "We asked that both
the domestic and service tax credits be enhanced, with a review in 2009"
"This Government has acted quickly on its campaign promise by including
this initiative in yesterday's Fall Economic Statement in the House, and we
are very happy indeed" said Brian Topp, co-Chair of FilmOntario, and Executive
Director of ACTRA Toronto. "This means jobs."
Effective January 1, 2008, the Ontario Film and Television Tax Credit
will increase from 30 % to 35% and the Ontario Production Services Tax Credit
will increase from 18% - 25%, providing important support and employment for
the more than 30,000 people who work directly in this industry in Ontario.
For further information:
For further information: Sarah Ker-Hornell, Managing Director,