NDP

Zann concerned delaying Eastlink Fund could put productions in jeopardy

April 8, 2016


Zann concerned delaying Eastlink Fund could put productions in jeopardy

 

(Truro, NS) Film and Television critic Lenore Zann is asking why Nova Scotia Business Inc. (NSBI) is taking 7 months to actualize a pre-existing fund that supports local television projects.  The Eastlink TV Independent Production Fund, which is separate from the film and television incentive fund, represents the only Nova Scotia-based equity fund remaining for local producers.  The fund is targeted for projects that are created and produced by Nova Scotians, which have a high percentage of Canadian content.

 

“On October 19, 2015, NSBI received conditional approval from the CRTC to transition the Eastlink Fund from the now defunct Film and Creative Industries Nova Scotia” said Zann. “Why is NSBI telling the industry that this pre-existing fund will not be up and running until late May?”

 

Zann is concerned that local productions, such as Studio Black!, will be in jeopardy due to the timeline provided by the McNeil government.  “Aside from funding, project schedules are tied to the availability of casts, crews, producers, directors, sets and so on.  I think NSBI should explain to industry why it is taking 7 months to actualize a pre-existing fund” she said.

 

On the eve of the one year anniversary of the McNeil government’s slashing of the film tax credit, Zann is disappointed by the overwhelmingly negative impact the McNeil government has had on the industry overall.  “Uncertainty, loss, turmoil.  All this as a result of ill-advised decisions by a short-sighted Government,” Zann said.

 

 

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For more information:

Emily Reid

902-476-0883

emily.reid@novascotia.ca