www.FilmTVSask.com

On Friday, May 4th, our Government announced a new incentive program for the Saskatchewan film and digital media industry.

Rather than a refundable program--which is the industry standard—
and what we in Saskatchewan proposed—this new incentive,
offered by the provincial government, is a non-refundable tax program—which quite frankly doesn't work.

Here's an example using a film made entirely in Saskatchewan—

Lets say the total budget is 7 million dollars
and $5 million of that is spent right here in our province.

Under the new Government program,
for a company owned and operated solely in Saskatchewan,
the average benefit would be 34 percent.

In our example, that would be $1.7 million dollars in tax credits.
BUT, at the small business tax rate, a company would have to make a profit of $85 million in order to get that credit.

Can anyone name any small business in any Saskatchewan industry
that makes that kind of profit?

It's a program without a solid business model.
Let's do good business together. That way we all benefit.

Having a non-refundable tax credit program
is like having a car without a motor—

We need your help to set the record straight. So share this any way you can—on twitter, on Facebook. Tell your friends, tell your neighbours and contact your MLA.

And thank you, for all of your help.