British Columbia is stepping up its game in the global film and television industry with increased tax incentives aimed at attracting more major productions to the province.

Premier David Eby announced on Thursday that the 2025 budget will include enhanced support for both domestic and international projects. The Film Incentive BC (FIBC) tax credit, which promotes Canadian-content productions, and the Production Services Tax Credit (PSTC), designed to attract foreign projects, will see notable increases.

“Our province is home to one of the busiest film and TV production centres in North America,” Eby said. “But film production in B.C. has faced significant challenges over the past few years due to the pandemic, labour disruptions, and shifts in industry practices.”

Currently, B.C. offers a 28% production services tax credit to both domestic and international producers, with no Canadian content requirements. Starting January 1, 2025, the PSTC will increase from 28% to 36%, and the FIBC will rise from 35% to 36%. Productions with B.C.-based costs exceeding $200 million will also qualify for an additional 2% bonus.

To further bolster the industry, the province plans to reinstate regional and distant location tax credits. This move will support companies operating outside Metro Vancouver, the Fraser Valley, and the Whistler/Squamish corridor, encouraging development across more diverse regions of the province.

Spencer Chandra Herbert, Minister of Tourism, Arts, Culture and Sport, emphasized B.C.’s appeal as a global film hub. “B.C. is a motion-picture powerhouse with spectacular locations, world-class crews, studios, and outstanding creative talent that major productions rely on,” he said.

Herbert also highlighted the positive response from studio executives during a recent visit to Los Angeles, noting that the enhanced incentives could lead to significant production growth in B.C. “These changes will help us land more top-tier projects, fuel economic and job growth, and showcase everything we love about B.C. to the world,” he said.

B.C. has recently hosted a range of high-profile productions, including Murder in a Small Town, Watson, over 20 Hallmark Christmas movies, and the second season of HBO’s The Last of Us. With these new incentives, the province aims to cement its status as a leading destination for film and television production.

Chris Sturges, Business Development Director for

Suspiciously Convenient Productions Inc

Contact: chris@suspiciouslyconvenient.com

Tags: #Hollywood North #Vancouver Film Industry #BritishColumbia #TaxIncentives #FilmProduction #BCFilm #FilmTaxCredits #BCCreativity

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