FilmOntario’s 2022 Budget submission focusses on stable and effective tax credits, workforce development, and investments in domestic content creation and diversity.
We were pleased to make this submission to the Ontario Ministry of Finance’s 2022 Provincial Budget Consultations. The took this opportunity to highlight some key investments that will make Ontario a more competitive jurisdiction for production and encourage growth across the industry.
The submission focussed on:
Stable, effective and competitive tax credits
Maintaining the current tax credits, while improving them by updating the broadcast triggers and incorporating all location fees as eligible costs in the service credit.
A well-trained, diverse workforce Continuing to ensure that all government programs designed to train or re-train individuals be open to unions, municipalities, and other industry associations who can provide training opportunities to people in the industry, and ensuring that programs are designed to accommodate the working conditions in our sector.
Continued investment in content creation and diversity
Maintaining the Ontario Creates Export and Film Funds, including the built-in support for diversity and inclusion efforts in the industry, which provide crucial support to Ontario-based content creators. Where funds permit, increasing these Funds would stimulate even more growth in the industry.
Thanks to the successful health and safety protocols implemented during the pandemic, the high demand for screen-based content, and the solid foundation the industry has in this province, we are well-positioned to help grow our sector and create jobs and investment in all regions of Ontario. The initiatives outlined above will help us achieve that goal.