Film commissioner says B.C. budget has killed Okanagan animation industry

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 77%

Canada Headlines News

Canada Latest News,Canada Headlines

Seventeen years of work 'destroyed' by elimination of regional tax credit

The Okanagan film commissioner says it took 17 years to build up Kelowna's thriving animation industry and just one decision by the provincial government to kill it.

Conroy told those in attendance, when asked about the tax credit, that it was removed in this year's budget as a way to "close a loophole" created by companies taking advantage of the tax credit for individuals who were working from home. "For the people it affects it's a tough one, but at the same time it's a tax credit going primarily to people working in their homes, so they are not working in an office with the costs that come with that.""We recognize it could affect some people but we need to close the loophole. It wasn't being utilized in the way it was originally intended."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Confederation College Film Students Showcase Their Work at Annual Film NightThe outgoing class of Confederation College Film Students had the opportunity to see their work on the big screen during the annual 'Film Night' celebration. The event featured a short film festival where student films were screened throughout the day. Families of the students from all over the country attended the event, making it a prestigious and important weekend for the students.
Source: tbnewswatch - 🏆 75. / 51 Read more »

Non-browning apple developed in Summerland receives Health Canada approvalArctic Gala is latest from Okanagan Specialty Fruits to pass inspection
Source: TerraceStandard - 🏆 24. / 68 Read more »

Okanagan company gets green light for GMO non-browning appleOkanagan Specialty Fruits highlights benefits of bioengineered produce.
Source: PGCitizen - 🏆 65. / 51 Read more »

Okanagan company gets green light for GMO non-browning appleOkanagan Specialty Fruits highlights benefits of bioengineered produce.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Okanagan company gets green light for GMO non-browning appleOkanagan Specialty Fruits highlights benefits of bioengineered produce.
Source: timescolonist - 🏆 15. / 75 Read more »

Archaeological assessment for Okanagan church camp destroyed in wildfireOkanagan Anglican Camp lost its buildings in the McDougall Creek wildfire
Source: TerraceStandard - 🏆 24. / 68 Read more »