Alberta Adds More Incentives to Lure Productions to Canada
Katherine Brodsky “Alberta has arrived,” Luke Azevedo, commissioner for Film, Television and Creative Industries of Calgary Economic Development, tells Variety.With productions scouting for new locations to help maximize their budgets and fit their creative vision, the removal of the $10 million-per-project cap on March 26 is a game-changer for the region, making Alberta nationally and globally competitive in the film and TV marketplace. The Film and Television Tax Credit (FTTC) currently sits at 22%, offering a refundable Alberta tax credit certificate on eligible goods, services and labor costs to corporations that produce films, television series and other eligible screen-based productions in the province.