Filming is Good Business

Filming is Good Business

Filming is Good Business
by Staff Editors

(December 8, 2022 – Toronto, ON) Yesterday, executives from FilmOntario visited Queen’s Park to highlight the economic impact of film and television production all across the province. Industry leaders from the screen-based industries – including representatives from unions, production companies, suppliers, and studios – met with MPPs, ministers, party critics and political staff to highlight the recent successes of this $2.88 billion a year industry.

The focus of the meetings was to reinforce the benefit of government investment in the screen-based industries, to maintain tax credit support, and to encourage provincial investment in workforce development and domestic content creation. FilmOntario also shared the results of a recent study undertaken by PwC, which demonstrates that tax credits are a key element in attracting filming to a jurisdiction and cost-effective for the government. Ontario’s recent expansion of the tax credits, proposed in Budget 2022 and the Fall Economic Statement, will help ensure the province remains the best place in the world for film and television production.

“Over the past twenty-five years, Ontario has grown to be one of the leading jurisdictions for screen-based content creation in North America, thanks to our diverse on- and off-screen talent, fabulous locations, and provincial incentives,” said Jayson Mosek, Business Agent, NABET 700-M UNIFOR and FilmOntario Board Co-Chair.

John Weber, President, Take 5 Productions Inc. and FilmOntario Board Co-Chair added “as an industry, we contribute billions of dollars to the economy and create thousands of jobs all across the province, and we look forward to working with our government partners to ensure that growth continues for many years to come.”

“Ontario’s booming film and television industry continues to be a strong economic driver for the province,” said Neil Lumsden, Minister of Tourism, Culture and Sport. “Our diverse landscapes and deep talent pool make Ontario a top production destination, and our government is committed to building on this record of success.”

Film and television productions spent $2.88 billion in Ontario in 2021, creating over 48,000 jobs all across the province.

FilmOntario is a privately-funded industry consortium representing organizations from all parts of the film, television and digital media industries, including unions and guilds, production companies, studios, suppliers, and financial and legal services organizations.

Source: FilmOntario