D112
Term Paper
CMNS 130
Introduction: 1 Vancouver is being called “North Hollywood” because a vast of film producers decide to set up their shooting places at BC, Canada. Vancouver is deserved to be rewarded as this special title because it’s unique beauty of the diverse sceneries and the sophisticated filming technologies. These inputs have already attracted by Hollywood and lead the U.S. film industry entry into making the huge quantity of "runaway production" era. "The 2001 Report concluded that the 1998 Canadian production incentive programs were very successful in attracting production from the U.S.A"(StephenM.Katz, 2006, p.1). question has been brought into the public attention and this paper will mainly focus on: why does Canada not encourage their own domestic film industry, but would rather give foreign film industry tax incentives. Additionally, due to the growing number of American movies crushed into the Canadian entertainment market, this paper will also discuss both the positive and negative effects emerged under this issue. The tax incentive given by the Canadian government cannot be denied for one of the reason to turn BC as well known as"North Hollywood": “ Foreign production companies will see the Production Services Tax Credit jump to 25%, with an unchanged 6% bonus for work done outside the Vancouver area.”("BC Announce 35% Film Incentive Credit", 2008). Actually, not only BC is doing such things but also New Zealand. Newman illustrates "The film and television production industry is significant in both New Zealand and British Columbia. Governments in both localities provide substantial support for the industry through government agencies and tax
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