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With its gorgeous icebergs and virgin coastline, Canada’s province of Newfoundland and Labrador scripts a unique story for the filmmaker

Newfoundland and Labrador is located on the eastern edge of Canada. Situated in the country’s Atlantic region, it incorporates the island of Newfoundland and mainland Labrador. The city shares the same latitude as Paris, France and Seattle. And by plane, it’s just three hours from Toronto, four from New York and five and a half from London.

To put things in perspective, Newfoundland and Labrador is a little smaller than California, slightly bigger than Japan and twice the size of the entire United Kingdom.

With the North Atlantic Ocean at its doorstep, Newfoundland and Labrador is home to Iceberg Alley, one of the best places in the world to view icebergs. Just off the coast, the meeting of the cool Labrador current and the warm Gulf Stream creates an abundance of marine life that attracts thousands of whales and provides rich nesting grounds for millions of seabirds.

Climate

Newfoundland and Labrador is home to a variety of climates and weather. One of the main reasons for this diversity is the geography of the province. The island portion of the province spans 5 degrees of latitude. The province has been divided into six climate types, but in broader terms Newfoundland has a cool summer subtype of a humid continental climate, which is greatly influenced by the sea. Northern Labrador is classified as a polar tundra climate, southern Labrador has a subarctic climate.

Newfoundland and Labrador Film Tax Credit       

•   The Newfoundland and Labrador Film Tax Credit is a provincial corporate tax credit.

•   The tax credit provides incentives to the private film and television production industry to create economic growth in the province.

•   The credit is based on a calculation of eligible labour limited to the lesser of 25 per cent of the total eligible budget or 40 per cent of the total eligible labour expenditures.

•   Once the production company’s final audited cost report breaking out the eligible Newfoundland and Labrador labour expenditure is submitted for review, the Newfoundland and Labrador Department of Finance may issue a certificate to be filed with the production company’s corporate tax return.

•   The credit may also be considered as part of a producer’s equity in a given production.

•  At least 25 per cent of the total salaries and wages must be paid in Newfoundland and Labrador to eligible employees.

Eligibility

To be eligible to receive a tax credit, a corporation shall meet the following criteria:

(1) (a) At least 25 per cent of salaries and wages paid by the corporation with respect to an eligible project shall be paid in the province to eligible employees; and

(b) The corporation shall be producing an eligible project as determined under section 4.

(2)  For the purpose of paragraph (1) (a)

(a) ‘Paid in the province to eligible employees’ means paid to eligible employees for work performed in the province on an eligible project; and

(b)  ‘Salaries and wages’ means salaries and wages paid by the corporation in the taxation year.

(3) Where a corporation meets the criteria in subsection (1), except for paragraph (1) (b), and the corporation is controlled by two or more corporations that are not associated and at least one of those corporations meets the criteria in subsection (1), the minister may consider total production costs to be equal to total production costs less the investment of a corporation that does not meet the criteria in subsection (1).

(4) If two or more of the controlling corporations referred to in subsection (3) meet the criteria in subsection (1), the value of total production costs calculated in accordance with subsection (3) and the total amount of the eligible salaries shall be prorated among those corporations according to their share of the investment in the eligible project.

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