ONTARIO PROVINCIAL BUDGET MAINTAINS GOVERNMENT COMMITMENT TO THE FILM AND TELEVISION TAX CREDITS

FilmOntario is pleased to note the renewed commitment to providing stability and support for the film and television industry in Ontario in the 2019 Provincial Budget.

Toronto, ON (April 15, 2019) – FilmOntario is pleased to note the renewed commitment to providing stability and support for the film and television industry in Ontario in the 2019 Provincial Budget. This commitment to stability sends a clear message to our partners here at home and around the world that the province of Ontario is a great place to be in the film and TV business.

“Independent film and TV production spending grew by 23% to $1.6 billion from 2014 to 2017, creating over 32,000 jobs and contributing $2.3 billion to the province’s GDP,” said FilmOntario co-chair and New Real Films President Jennifer Jonas. “With this re-statement of the government’s commitment to the industry, we can expect to grow by 5% annually over the next three years, bringing an additional 7,000 jobs to Ontario.”

The Budget documents also noted the important investments in studio infrastructure at Pinewood Toronto and Cinespace Film Studios, as well as in new spaces such as Markham Movieland’s First Studio City and CBS Television Studios’ new Mississauga location, that will build on Ontario’s ability to support increased production in the province. Such investments are already attracting business, such as Netflix’s recent announcement of a production hub in Toronto, also noted in the Budget.

“The commitment shown by the government has meant that our production partners are looking at Ontario as a great place to do business,” noted John Weber, FilmOntario Treasurer and President & CEO of Take 5 Productions. “The expansion of our physical infrastructure, combined with our competitive and stable incentives, great locations, and professional on- and off-screen talent, are a great draw for producers from all over the world.”

“We look forward to working with the newly announced Ministers’ Film and Television Advisory Panel on ways to continue to grow the industry, and to find ways to support both our domestic producers and our partners from around the world who choose to come here,” added FilmOntario co-chair and ACTRA Toronto Executive Director Sue Milling. “The strength of Ontario’s production ecosystem is its balance between domestic and service work, and the 2019 Budget will allow us to continue our efforts on behalf of all our members to maintain and strengthen our unique industry make-up.”

Some industry facts:
• $1.6 billion in independent film and television direct spending in Ontario in 2017, leading to a $2.3 billion contribution to provincial GDP
• Domestic feature film spending was up by 16% in 2017 to $80.6 million
• Foreign TV series spending was up by 27% in 2017 to $653 million
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About FilmOntario
Founded in 2003, FilmOntario is a privately-funded industry consortium representing organizations from across the province’s screen-based sector. Our membership includes Ontario-based production companies, unions, studio owner/operators, equipment suppliers, production service providers, and other industry organizations in the province’s screen-based industry. Our emphasis is on marketing Ontario as a screen-based content creation and production jurisdiction, and on working with all levels of government to ensure that their policies and programs continue to support Ontario’s competitiveness in the global market.

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