The animation sector in Kelowna is hopeful the provincial government will reverse its decision to kill a regional tax credit relied on by local studios.
The exclusion of animation studios from the regional and distance location tax credit—which equates to about 12% of payroll—will send jobs to not just outside Kelowna, but out of Canada as a whole, says two local studio leaders.
“Canada constantly competes with overseas for animation,” said Jay Surridge, creative director and studio head for Monster Puppy Productions Inc.
“That extra 12%, that was bending in our direction… the work back to Canada. If you remove that, those 100 jobs are going to be gone,
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