Monday, December 24, 2007
Canada v. Boston: Film Industry Face Off!
The days of Canada serving as the go-to shooting location for Hollywood could be numbered. Due to the slumping U.S. dollar and the economic surge north of the border, Tinseltown is in need of greater tax incentives, which Beantown is offering. Productions that spend more than $50K in the state can receive a 25% rebate on everything they spend there. In 2007, nine major films, including The Lonely Maiden (with Morgan Freeman and Christopher Walken) were shot in Boston, pouring $125M into the local economy, up 150% from last year. When it comes to cineplexes in 2008, imagine it with Vancouver scenery instead of Boston, since it was going to be the original city for the movie.
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