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Canadian Heritage committee [Inaudible—Editor] the thing is, Mr. Dhaliwal, making sure we review Telefilm Canada and their policies and making sure that we have an equitable distribution of funds across the country to assist producers.
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee It's a good question. My suggestion is not to eliminate the role of the Canadian producer. We still have to have a feature film industry where Canadians are producing, but there are other guidelines that really limit their ability to partner with non-Canadian producers or receiv
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee That's a difficult one because ultimately the tax credit moneys are always the last moneys in the door, and that has to do with the fact that they're triggered by the filing of a corporate income tax return and the various tax credit claim forms. There are risks associated with
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee I agree that it's high enough and I agree as well about acceleration. The only thought I have about accelerating is to perhaps help producers by interim financing some of the tax credits—paying a portion in advance of the actual claims.
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee I'll echo Mr. Dhaliwal's comments. It's around producer control. My world isn't in tax credits, obviously, and isn't in tax incentives, but the producer control guidelines give us the opportunity to play with such guidelines without impacting the tax credits or without offering m
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee I think my answer could make me somewhat unpopular, but I would have to say that you really have to understand what the implications are of relaxing the grind. The implications are in the numbers themselves. Ultimately, on a basic production, it's going to result in about $8 more
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee It's actually a combination of the two. Let me just outline it as best I can. I'll take a British Columbia production as an example. If you're producing a British Columbia film, you're required to submit applications to Creative B.C. for eligibility certificates, which will giv
March 9th, 2015Committee meeting
Lui Petrollini
Canadian Heritage committee Thank you. I come to you from a very beautiful day today in Vancouver—cherry blossom country, as Mr. Joly referred to it. I come at you from a different direction. I'm not a producer of Canadians films, but rather a service provider to the industry. I get involved at the concep
March 9th, 2015Committee meeting
Lui Petrollini