Watch about any movie in the world and you are likely to see the above logo. B.C. often shows up too, less so Ontario. Quebec and B.C. are visual effects superstars. It appears that Quebec has made a big move that will cost them thousands of jobs right away. The service production tax credit which brings several thousands jobs to Montreal is being capped at 65% of a production whereas before it had no limit. The credit itself will go from 20 to 25%. Those in the industry were out of work in the thousands right away. All attempts to amend or change the law with the provincial government have struck out. Workers who have been in the industry in Montreal for 20 years are looking to move.
Quebec's mistake might be Manitoba's gain. Manitoba already has one of the best tax credits for film and television in North America. A few tweaks and they could capture much of the loss of the 8000 jobs in Quebec. A few foreign-owned companies doing vfx in Montreal are looking to move. B.C. is already a crowded market, Ontario is an expensive one. Manitoba might be perfect. We benefitted from film and TV changes in Saskatchewan in the past and this could be another area where we stand to benefit.
In case anyone thinks Manitoba can't compete, looks at the numbers of newscomers to the province. As a percentage from the beginning of the year, Manitoba ranks third in 2024.
This year the film and TV industry is doing quite well in Manitoba. The repeat business is a testament to the locations, crew and tax credit. Both PCs and NDP have been part of this successful program so there is no reason to think it will not continue. The only reason Quebec has dropped the program is because they believe money going to foreign service production needs to go to Quebec French language production. The loss of 8000 jobs though doesn't suggest this is a good strategy.
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