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B.C. government comes through with surprise help for new media sector

News | 02/20/2003 5:00 am EST
The new media lobby in British Columbia was taken aback this week after a surprise announcement by the provincial government of new tax credit measures to help the sector. In its February 18 budget, the fiscally conservative Liberal government announced a $5-million increase in venture capital tax credits that could attract as much as $17 million a year in new investment in new media companies, as well as a 15% top-up tax credit for productions using digital animation and special effects.

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