HALIFAX – Nova Scotia’s finance minister is attempting to quell fears from those in the film industry about the government’s plans for a film tax credit in Thursday’s budget.
There is mounting pressure from the sector, which is looking to protect a tax measure it says is crucial to keeping the industry competitive with other jurisdictions.
Diana Whalen says she’s heard from many people in the industry in the past couple of days and is taking their concerns seriously.
She says her department is double-checking its analysis of the credit, which costs about $24 million a year.
Whalen says there’s a lot of speculation about the future of the tax credit but those most concerned should simply wait to see what is in the budget.
(The Canadian Press)