I’m not going to make many friends with my column today agreeing with the province’s decision to scrap the film labour tax credit. To me this is another in a long line of industries where New Brunswick has made a less than half hearted attempt to compete.
Consistent with my emerging view on this stuff, if the film and TV production industry can come up with a plan to transform that industry into a growth engine (it has essentially been around the same size since I first started looking at it 15-20 years ago) and if there are tools the government can use that can be shown to provide value to the taxpayer, I say it is worth a look.
These days I think we need to be focused on growth opportunities rather than just coasting. The challenge for all of these industries where New Brunswick has been playing at the margin for years is to have them come forth with a credible growth plan and look for ways for government to provide support.