Quebec Liberal budget cuts deeper into film/TV than PQ proposals, producers say
News | 06/30/2003 4:00 am EDT
Cuts to financial support for Quebec's film and television industry by the province's two-month-old Liberal government will have a deeper impact on the industry than those proposed by the Parti Québécois before it lost power, producers say. The Association des Producteurs de Films et de Télévision du Québec (APFTQ) estimates that about $21 million will be lost from the system due to reductions in the refundable production tax credit benefit. While making the tax credit cuts, the provincial Liberals plan to add $15 million to the budget of cultural agency La Société de développement des enterprises culturelles (SODEC). That would translate into a net loss of about $6 million in government support for the sector.