Councilors from the city of West Vancouver are petitioning the government of British Columbia to exempt the film industry from provincial sales taxes on films produced for export.Most of BC’s annual C$1billion ($783 million) film and television production is service work, mainly for Hollywood. The soaring value of the Canadian dollar is hurting the local film industry here, said Peter Leitch, VP of Lions Gate Studios in nearby North Vancouver. It has climbed 5% in three weeks against the U.S. dollar, to 78.63¢, and has risen more than 20% in the past year. The West Vancouver councilors want the powerful Union of BC Municipalities to urge other local governments to join the lobby.
Want Entertainment News First? Sign up for Variety Alerts and Newsletters!