HALIFAX – Some Nova Scotia filmmakers say they’re concerned changes to a film tax credit in Nova Scotia don’t go far enough.
Members of the industry and provincial government came up with a revamped formula for the credit yesterday.
Some say they believe the change proposed by the government would help Nova Scotia remain competitive with other parts of the country.
Scott Simpson of Screen Nova Scotia says it will allow them to maintain the industry to a certain extent.
But he says it’s not clear what the long-term ramifications of the change will be.
A proposed cut that would see the credit reduced to six million dollars from 24 million will proceed.
But the structure of the incentive has been changed to one similar to Alberta’s.
Officials say a cap of five million dollars or less for individual productions is also being considered.
Filmmaker John Wesley Chisholm says that could stall growth.
Finance Minister Diana Whalen says she believes the proposed change can work for the cash-strapped government and the industry.
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