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.
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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)
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