Quote:
Originally Posted by esquire
Would the film and TV production industry be going through an upswing regardless of the province's efforts? The industry boomed here in the late 90s and early 00s, receded drastically in the late 00s and has been picking up steam again lately. Perhaps not coincidentally, the Canadian dollar was low during the busy times, and high when business dried up.
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This is what a lot of people were asking ~5 years ago. But when Saskatchewan ended theirs (which were almost identical to ours) and ALL the work came here, it was clear the tax breaks were a dominant factor.
For sure the dollar helps, but there's also lots of states where labour is cheap, unions aren't strong (or existent) and their closer to the production companies. The tax breaks make a huge difference.