Nova Scotia Film & Television Production Incentive Fund

Highlights

Over the past several months, government has met with the film industry on a new Film and Television Production Incentive Fund.

The fund is designed to support five policy objectives:

Competitive Film and Television Industry

  • Based on a program with proven success in Alberta
  • Benchmarked against other provinces

Broad Economic Benefits

  • Incentive for productions shot in rural communities
  • Eligible costs for funding wide-ranging:
    salaries and goods and services used by industry
  • Requirement that film companies are permanently located in Nova Scotia

More Nova Scotians Working

  • Requirement to have Nova Scotians leading multiple departments, in all aspects of production
  • Incentive for hiring more than 60 per cent local talent, and in bigger (“principal”) roles
  • Incentive for Nova Scotians in other key roles including post-production work, principal writer or director, Nova Scotia trainees, etc.

Affordability

  • $10 million budgeted – Taxpayers provide up to 32 cents for every eligible dollar spent on the production.

Accountability and Transparency

  • Approved funding reported on the Department of Business Accountability website
  • Audit requirement for large productions
  • Protection for taxpayers against paying for cost overruns

For More Information

Nova Scotia Business Inc. is the province’s private-sector led business development agency. NSBI administers a range of programs to foster growth and increase exports in the private sector. This includes responsibility for the Film and Television Production Incentive Fund.

More information is available at
http://novascotiabusiness.com/filmapplication