Hollywood North: B.C. boosts tax incentives for film, TV productions [Video]

The British Columbia government is increasing tax incentives for both local and international film and TV projects in an effort to attract more major productions to the province.

Premier David Eby said the tax credit for international projects made in B.C. will jump from 28 to 36 per cent, and an incentive for Canadian-content productions will increase from 35 to 36 per cent.

There’s also a special bonus to attract blockbuster productions with budgets of $200 million.

Speaking on Thursday at the Martini Town studio, a New-York-themed backlot in Langley, B.C., Eby said tax incentives are the province’s “competitive advantage” and increasing them will help the industry that has been battered by the pandemic, labour disruptions and changes to industry practices.

“This is a sector that’s taken some hits. The decision by major studios to … reduce some of their budgets on production, the impact of labour disruptions, other jurisdictions …