Manitoba extends tax credit for film, digital industries - Action News
Home WebMail Thursday, November 21, 2024, 11:07 PM | Calgary | -11.1°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Manitoba

Manitoba extends tax credit for film, digital industries

It's take two for Manitoba's film and digital industry as the province pledged Tuesday to extend tax credits.

Province follows through on promise in budget to extend tax credit

Manitoba's film and digital industries will continue to benefit from an extension to tax credits promised in the province's spring budget. (Wpg Film Group)

It's take two for Manitoba's film and digital industry as the province pledged Tuesday to extend tax credits.

Premier Greg Selinger said the government will continue to offer the Film and Video Production Tax Credit and the Interactive Digital Media Tax Credit.

It's worth an estimated $15 million a year for the film industry, and $1 million for the digital media.

The province says the industries together help generate an annual average of $145 million and support highly skilled jobs that employ more than 2,000 Manitobans.

In the spring budget, the province promised it would extend the tax credit by three years to the end of 2019.

The credit, which was introduced in the 1997 budget, was originally slated to expire at the end of 2016.