The Government of Alberta has plans to attract even more film and TV projects to the province.
Since 2020, Alberta has attracted 129 productions with a total production value of $1.7 billion, which has also resulted in approximately 9,000 direct and indirect jobs for Albertans.
To keep that momentum going, the province stated in a release Wednesday it is increasing its investment to a total of $335 million over three years.
“Alberta is experiencing exponential growth in our film and television sector, and we are well on our way to becoming a top Canadian jurisdiction for producers from around the world,” said Brian Jean, Minister of Jobs, Economy and Northern Development.
“Since the introduction of the Film and Television Tax Credit, the film and television sector in Alberta has doubled. Productions reach every part of Alberta – big cities, small towns and rural locations – and use local resources, businesses, accommodations and contractors, supporting thousands of jobs.”
To help grow and promote local talent and productions, the province is also doubling the funding to the Alberta Made Screen Industries Program. This funding will support local producers and attract productions from around the world to set up shop in Alberta.
“Alberta-made film and television productions showcase Alberta’s unique culture, breathtaking landscapes and stories to audiences across the globe,” said Jason Luan, Minister of Culture.
“We are increasing our support to smaller productions because they provide a unique Alberta-made training ground for emerging talent and create local, highly skilled workers in the sector.”
The Film and Television Tax Credit and Alberta Made Screen Industries Program work together to showcase the beauty and diversity of Alberta, create jobs, diversify the economy and support hospitality, service and tourism in the province. These targeted incentives to the film and television industries are helping to ensure Alberta remains the economic engine of Canada for years to come and the next film and television hub.
Alberta’s Film and Television Tax Credit supports medium- and large-scale productions with costs over $499,999 through a refundable tax credit on eligible Alberta production and labour costs to corporations that produce films, television series and other eligible screen-based productions.
The Alberta Made Production Grant supports productions with a budget of up to $499,999.
The Alberta Made Screen Industries Program, through the Alberta Made Production Grant, supports smaller productions that do not qualify for the tax credit, covering 25 per cent of eligible Alberta production costs to a maximum of $125,000.
Every $1 investment in the Alberta Made Production Grant program generates an additional $4 in economic return.
