First, the province announces a plan to give more money mult-national film companies. Turns out, the old subsidies weren't doing the trick. Film companies would come to Sask, take tax dollars and make their movie without hiring very many Saskatchewan labourers. So, they decide to dangle a bigger carrot.
Saskatchewan is enhancing film industry incentives to maintain Saskatchewan's competitiveness in attracting major film and television productions to theprovince and the resulting jobs the industry creates. A tax credit of up to 55 per cent will be made available to film and video producers through legislation to be introduced this fall.
"The film industry generated $80 million in economic activity and createdabout 850 full-time equivalent jobs last year," Culture, Youth and RecreationMinister Joan Beatty said. "To continue to grow Saskatchewan's vibrant filmindustry, the province will enhance its incentives by increasing its film tax credit to producers to 45 per cent of total eligible costs."
Imagine the smiles in the big film studios.
Then there was this item:
Meat processors in Saskatchewan received a big boost today from the provincial government's Meat Processing Strategy. Agriculture and Food Minister Mark Wartman announced a $3.3 million investment to create a toll processing facility at the Thomson Meats Ltd. plant inMelfort.
Today's announcement is the third of three initiatives outlinedwithin the $37.3 million Meat Processing Strategy unveiled in June 2005." Toll processing will enable our agriculture industry to process more of what we produce in the province," Wartman said. "
It has the potential to enable thedevelopment of new meat products for specialized or niche markets and therebycreate new businesses and jobs for rural Saskatchewan."
Anybody else need some more cash? Anyone?
Update: Check the CTF news release here.