EN FR

BC Featured in US Documentary on Film Subsidies

Author: Jordan Bateman 2017/03/15

VANCOUVER, B.C.: Hollywood’s Greatest Trick, a new documentary and news series produced for the McClatchy daily newspaper chain in the United States, takes a hard look at the visual effects (VFX) industry and BC’s film tax subsidies.

The film includes footage of BC finance minister Michael de Jong, NDP MLA George Heyman, and an extensive interview with Canadian Taxpayers Federation BC Director Jordan Bateman. Bateman is critical of the billions of taxpayer dollars handed out in corporate welfare to US film studios.

“VFX in Vancouver is the industry that taxpayers built,” Bateman says in the documentary. “We bought this industry lock, stock and barrel by putting hundreds of millions of dollars in company’s pockets to get them to come here.”

The documentary looks at the challenges facing the VFX industry and the pressure on VFX artists.

“The Canadian people shouldn’t be fooled into thinking it is Canadians doing those jobs,” said Mariana Acuña Acosta, a veteran visual effects artist, noting the phenomenon of VFX artists migrating to follow tax subsidies. “Half of Mexico is there.”

The CTF has long been critical of film tax credits, noting taxpayers paid for $38.3 million of the $65.6 million Sony Pictures spent on wages in BC from 2010-14. The CTF estimates only half of the dollars spent by taxpayers on the BC film industry is ever recouped by the provincial treasury.

Last month, a Fraser Institute study noted that film subsidies took up one-third of the money brought in by the province’s so-called revenue neutral carbon tax. That means last year, British Columbians paid 2.7 cents on every litre of gasoline to prop up movie studios.

The BC portion of the documentary Hollywood’s Greatest Trick runs from 11:30 to 14:50    


A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Join now to get the Taxpayer newsletter

Franco Terrazzano
Federal Director at
Canadian Taxpayers
Federation

Join now to get the Taxpayer newsletter

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for the Taxpayer Update Newsletter now

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.

<