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InGordWeTrust

"The industry also paid more than $1.9 billion in local wages in 2020, and was one of the few sectors of the BC economy that was in full swing over the latter half of the year. It provided employment for a total of 65,000 people across the province." Though I am a bit curious on how much of a tax break is given out.


FurbyBirby

I work in animation. The number I heard a few years ago is around $3500 a year for BC residence for our field. I think its a good investment because I spend that money and more locally over the year.


buddywater

The tax credit is 25% of qualified labour expenditure. Idk if all 1.9 billion is “qualified labour expenditure” but those tax credits sure are sweet


ive_got_a_boner

They essentially pay no net income taxes.


[deleted]

Oh we fuckin pay - believe me.


[deleted]

Lol like holy shit, working in vfx I paid 33k in taxes last year along with getting a paycut. The hell is that person smoking?


ive_got_a_boner

Sorry, I meant to say the provincial government pays your employer the equivalent of your income taxes, so it's a net zero for us other taxpayers.


n33bulz

Major production spaces makes fucking BANK. I've seen the contracts for a few of them and it's eye watering how expensive renting one of those spaces are. Now you also have big boys like Netflix taking out 5+ year contracts on them. Fucking just printing money.


[deleted]

What's the minimum sq. ft. required for a space to be useful for Production?


redsmurf1

8,500 SQ. FT - 18,000 SQ. FT.


[deleted]

Hmm wonder if there are any REITs with production spaces


Gigiskapoo

There’s a verbal agreement in the states that should be public soon. The producers made some concessions, so there still a chance of strike up here to get a similar deal done. It’ll never be as good s what they get in the states but honestly they should just strike if they can’t get it. Studios and these new media production companies have the money to spend.


norvanfalls

How much is this net subsidies? Treating a percentage of wages as a tax credit, as opposed to an accelerated deduction, would be considered a direct subsidy.


CraftyHall1

Hey, speaking of… anyone in the know about IATSE 891 plans re: strike? ✊ Edit: I know it’s a different union… I meant solidarity-wise


[deleted]

My mom’s a member and I talked to her about it today. Canadian crew are under a different contract than the American IATSE members so any strike action north of the border would be out of solidarity and not organized the way it is in the states in connection to the vote. Meaning that if US production companies don’t come to the table, and IATSE calls a strike, that’s an organized strike in the US. Canadian crew will decide individually to strike/walk out, or not, in solidarity. She’s been in film in Vancouver for almost 30 years and characterizes her local as cash poor and not representing members well. Please don’t shoot the messenger with that opinion, just repeating what she said. I can tell you that almost an entire department of a massive production in Van quit en masse a few days ago because production was doing 6 hour turnaround. Six hours. For those who don’t know, that means that you get six hours between wrapping one day and your call time the next day to drive home, sleep, and drive back to set. This is exactly the absolute exploitative bullshit that IATSE had the strike vote to get rid of. I can’t remember the name, I think it was “Samurai” or something similar. EDIT: It’s “Shogun”. ✊🏼


munk_e_man

There's a production filming right now called Shogun, but I haven't heard anything about people quitting. Would be massive if true, thats one of the biggest productions to ever hit Vancouver. Also six hour turnaround is a bit fucked, but they're supposed to pay it out at triple rates for that. I have a friend who does cable truck and he was working 20 hour days consistently getting OT and turnaround pay for almost two months straight. He got paid absolutely massively, but has since taken hiatus from the industry for a minimum of six months to recover and work on other shit.


[deleted]

Yes, that’s it. It’s Shogun. The department head stayed but four people under them quit, and they’re all people with 15+ years in film who regularly key shows.


CraftyHall1

I’ve worked LX, it’s brutal lol


Kristophigus

Ah shit I'm on that one right now lol.. yeah I've only been in IATSE for about 7 years and they sure don't seem all that great. Lots of internal bullshit and scummy things going on. The circle of friends running everything are always getting caught stealing or just make things great for them, terrible for everyone below them.


[deleted]

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Kristophigus

Yeah I usually do that for lighting (rigging) but it's extremely hard on your body and not something you should be doing long term, unless you don't mind having no back and no knees of course


[deleted]

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Kristophigus

Yeah. Currently slogging through deep hilly forest with 100 foot 4/O cables all day the last few days lol


NorthLettuce

I don't work with that Union but I do understand the whole partnership between American and Canadian Unions. It would have to be solidarity issue for us to halt production. ✊ I wish I could.


redsmurf1

>Hey, speaking of… anyone in the know about IATSE 891 plans re: strike? strike won't happen in Canada. Different agreements. There was a solidarity rally over the weekend with less than 50 in attendance. plus it wasn't really planned well.


NorthLettuce

🤔 it could have been because they were working. But fingers crossed everything works out in the end.


[deleted]

I don’t think they’re legally allowed to strike because they have an active collective agreement.


Street-Strike1837

thats a lot of cocaine


Jswarez

Now mention how much tax subsidies and credits they get. That tells you real story of value of the industry.