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British Columbia to Hike Film Subsidy to Confront Sharp Production Decline
British Columbia Premier David Eby will raise the province's film incentive to 36% in response to increased competition and an industrywide downturn.
British Columbia launched its film incentive in 1998 and has since become a major hub for TV production, including Hallmark movies, Netflix’s “Virgin River,” HBO’s “The Last of Us” and “Shōgun” on FX. The SAG-AFTRA and Writers Guild of America strikes had a significant impact on the British Columbia film sector, as employment declined from 37,000 to 26,000 in 2023, according to Creative BC, which administers the incentives. Crystal Braunwarth, the business representative at IATSE Local 891, said that workers have been forced to draw on their savings, take early retirement and even switch careers amid a 40% drop in production.
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