Written by new-contact on Dec 20, 2011. Posted in Incentive News

Alberta streamlines location filming funds for co-productions and foreign shoots

Alberta in Canada has increased the cash available in its funding programme, known as the Alberta Multimedia Development Fund. Separately, an expert panel will now consider all applications for the project/script development programme within the fund.

The revised scheme makes more money available and simplifies the funding process for foreign projects. Stream 1 of the revised programme enables co-productions to get funding of up to 30% of eligible costs incurred if the project has the necessary levels of Albertan involvement.

The Government of Alberta has implemented these changes to its provincial funding system based on consultation with the industry to help Alberta maintain its competitive position with other jurisdictions.

Kimberley Evans, Alberta Film

Stream 2 applies to foreign productions, which are classed as projects that have less than 30% Albertan ownership. These projects can access funding of up to 26%.

Kimberley Evans is in charge of marketing and communications at Alberta Film: “The Government of Alberta has implemented these changes to its provincial funding system based on consultation with the industry to help Alberta maintain its competitive position with other jurisdictions, in order to continue to attract screen-based production to the province and keep Alberta-based production companies working.”

A recent report from PricewaterhouseCoopers revealed that Ontario was Canada’s main filming hub in 2010, with almost a 40% share of national production.