Home Page News Briefs People Media Telecom Archives About Us GET FREE NEWS UPDATES
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

Ontario tax credit met with mixed reactions: step in right direction say most

News | 07/12/2000 4:00 am EDT

Details of a tax credit designed to help Ontario new media companies have been implemented after a two-year wait — but the final product isn’t broad enough to help most firms in the province, critics charge. On June 7, the Ontario Film Development Corporation unveiled details of the Ontario Interactive Digital Media Tax Credit, now expanded to cover 20 per cent of eligible labour costs for interactive new media projects in the last provincial budget (CMN, June 14/00). While the extension from the original proposed 10 per cent is welcome, new media community leaders say the credit is too narrow to help most firms producing content on contract. Despite its flaws, the owners of small shops say the credit will help them hire and more generously reward staff and work on even more projects.

This content is available to wirereport.ca subscribers

Already a subscriber? Sign in here

Unlock all the Canadian telecom, broadcasting and digital media news you need.

Take a free trial or subscribe to The Wire Report now.

FREE TRIAL

Two weeks free access to thewirereport.ca and our exlusive newsletters.

Register for free

* Required

SUBSCRIBE

Unlimited access to thewirereport.ca and our exlusive newsletters.

Continue

* Required

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com