Action! B.C. sets the scene to attract more film, TV productions

December 23, 2024

Increased tax incentives for British Columbia’s motion picture sector will help attract more major productions and ensure that good-paying film and TV industry jobs stay in B.C.

“Our province is home to one of the busiest film and TV production centres in North America, but film production in B.C. has taken a big hit over the last few years, responding to significant impacts from the pandemic, multiple labour disruptions and changes to industry practices. We’re boosting tax incentives – and our competitive advantage – to ensure that our province remains a destination of choice for filmmakers in Canada and around the world, employing skilled British Columbian crews.”

Budget 2025 will include increases to the Film Incentive BC (FIBC) tax credit, which supports Canadian-content productions, and the production services tax credit (PSTC) that provides a tax incentive for international projects made in B.C.

With the approval of budget legislation, the FIBC will increase from 35% to 36%, and the PSTC will increase from 28% to 36% for productions with principal photography starting Jan. 1, 2025. To further give major productions incentives in the province, projects with B.C. production costs of greater than $200 million will receive a 2% bonus.

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