British Columbia Boosts Film Tax Credits to Revitalize Production Industry

The province increases international and domestic incentives, with additional bonuses for blockbuster projects, to counter a sharp decline in film and TV production.

British Columbia will raise the Production Services Tax Credit for international productions from 28% to 36%, and the domestic credit from 35% to 36%, starting January 2025.
A new 2% bonus will be offered to productions with budgets exceeding $200 million to attract large-scale projects.
The tax incentives aim to address a 40% drop in production activity and employment caused by the pandemic, labor strikes, and global budget cuts by major studios.
The provincial government also plans to restore regional tax credits for companies operating outside major urban centers such as Metro Vancouver and the Fraser Valley.
The move follows similar increases in California and New York and is part of British Columbia’s strategy to remain competitive as a leading global film production hub.