????"Most projects only qualify for the base rate [50%]."If for 2013/14 the province paid $24 million in rebate for $39.4 million in wages, that would imply a 61% rate for the program.
???"Nova Scotia's tax credit is good, but it's not the best."How are rankings calculated? Manitoba maxes out at 65% labout - is it the 30% of total spend option? How does Nova Scotia rank below Quebec, and even with Ontario?
???"In Nova Scotia, 2500 full time employees work in the film industry."Where is this number from? CMPA figures have 1140 FTEs for 2013/14, with 2700+ only if spinoffs are included.
???"...will completely collapse...loss of 2500+ jobs..."Again, numbers seem high. Entire industry won't disappear - broadcasters and whatever remnants can survive in new regime would remain.
???"...Saskatchewan...850 jobs, gone..."Saskatchewan did not have 850 direct jobs at time of tax credit elimination. That number is a 14 year average including much better years before 2008 recession, from which the industry had not recovered before the credit was eliminated. CMPA data actually shows oddly limited reduction in volume/employment, given the decimation of the traditional industry after 2012.