Film credit attracts productions worth nearly $ 1 billion
A key part of Alberta’s stimulus plan, the Film and Television Tax Credit is attracting major productions to the province, diversifying the economy and creating thousands of new jobs.
Since the program’s launch in January 2020, it has attracted 50 productions to Alberta with total production costs of $ 955 million, creating 9,000 new direct and indirect jobs in the province.
In March 2021, the Government of Alberta removed the $ 10 million per project cap on the Film and Television Tax Credit to make the province an even more attractive location for larger productions.
Cameras shoot film and television productions across Alberta, pumping hundreds of millions of dollars in investment into the economy as these productions hire local crews, actors and extras and use local businesses.
The Film and Television Tax Credit, combined with Alberta’s competitive tax environment, affordable labor costs and breathtaking scenery, has made the province a choice of choice for medium to large budget television and film projects that positively impact the economy of Alberta.
HBO is currently filming its new TV series The last of us in Alberta. The project is the largest television series production in Canadian history and is expected to create thousands of jobs.
“The boom in our film industry is the perfect example of Alberta’s stimulus package in action. Thanks to the Film and Television Tax Credit and recent enhancements to it, we are witnessing the emergence of a new billion dollar industry before our eyes, further diversifying the economy and creating new jobs.
Jason Kenney, Premier
“Alberta is the new Hollywood. With our breathtaking landscapes, immense talent and world-class studios, our province is presented on the big screen like never before, with thousands of jobs created in everything from carpentry to catering.
Doug Schweitzer, Minister of Employment, Economy and Innovation
“Film productions like The last of us and ghost hunters means thousands of new jobs for rural Albertans, both on and off the plateau. With landscapes from the Rocky Mountains to the Prairies, Alberta is emerging as a global cinema hub. Multi-million dollar new investments in the film industry are putting Albertans back to work and boosting Alberta’s economic recovery. I can’t wait to see even more of Alberta on the big screen.
Nate Horner, Associate Minister of Rural Economic Development
“From breathtaking scenery to a skilled and growing workforce, Alberta has a lot to offer the global production community. The province’s enhanced film and television production incentive has also made it a particularly attractive destination for HBO. We can’t wait to film The last of us here, and working with talented Alberta teams.
Jay Roewe, Senior Vice President, Production and Incentives, HBO
“The Alberta Film and Television Tax Credit is a game-changer in terms of production volumes. It has created thousands of high paying jobs and many business opportunities. Large-scale projects such as The last of us are a major driver of jobs, Alberta businesses and training. Projects like this benefit many industries ranging from fabric suppliers to companies in the hospitality industry. Alberta’s spectacular landscapes are shared globally, which enhances our economic position in the global marketplace.
Damian Petti, President, IATSE Local 212
“We are pleased to see that the Government of Alberta is supporting Alberta’s creative industries through its recent enhancements to our film and television tax credits and production incentives. From actors and puppeteers to stunt performers, this is great news for the artists of ACTRA Alberta, our production community and the economy of Alberta.
Tina Alford, Branch Representative, ACTRA Alberta
“Alberta’s enhanced incentive program and its strong commitment to increasing investment from global studios are helping to grow the creative economy and provide unprecedented opportunities for Alberta’s creative talent. On behalf of the great studios we represent, we are delighted that the government and industry of Alberta have collaborated to create jobs for thousands of skilled Albertans in front of and behind the camera, and to showcase the beauty and Alberta’s talent on a global stage. “
Wendy Noss, President, MPA-Canada
“HBO stands for quality and The last of us has long been touted as one of the most cinematic video game series ever created – a perfect marriage to Alberta’s cinematic landscapes, light and quaint communities. We are grateful that this series of tent poles in the province is growing the industry and creating hundreds of jobs for our hardworking and talented teams, as well as a tremendous economic stimulus in communities across southern Alberta. This project, along with improvements to the Alberta Film and Television Tax Credit, will be seen as key moments in a booming film production industry for years to come.
Brock Skretting, Advocacy Officer, Keep Alberta Rolling
“The changes to the Alberta Film and Television Tax Credit can only be considered a success. Not only are we creating good, well-paying jobs for Albertans, but it’s also an important step in stimulating Alberta’s economy when we need it. It doesn’t matter what business – gas stations, lumber yards, coffee shops – movie money is spent in Alberta. “
Mike Dunphy, Business Agent, Teamsters Local 362
- The Alberta Film and Television Tax Credit, launched in January 2020, offers a refundable Alberta tax credit certificate on eligible production and labor costs in Alberta to companies that produce qualifying films, television series and other screen productions in the province.
- The Film and Television Tax Credit complements the Alberta Made Production Grant and is part of the government’s commitment to grow Alberta’s cultural industries by 25% over the next decade.
- In 2019, combined global consumer spending on cinema and home entertainment reached $ 101 billion, an increase of 34% since 2015.
- The film and television industry is experiencing significant growth nationally and globally.
- Global industry spending is expected to reach around $ 113 billion by 2022.
- More than $ 50 billion of this spending is expected to go to North America.
- Last year, the Canadian film and television industry was valued at $ 3 billion and employed more than 54,000 workers.
- Each year, Alberta trains more than 3,000 creative industry professionals from its post-secondary institutions.
- According to industry estimates, over 3,200 Albertans are employed in the province’s film and video industry.
- According to Statistics Canada data:
- Every million dollars of production activity in the screen production sector creates approximately 13 jobs in Alberta.
- Every million dollars the government invests in the Film and Television Tax Credit program is expected to support approximately 85 jobs in Alberta.
- The budget for the film and television tax credit in 2021-2022 is $ 50 million.