Tax Credit - CANADA, ALBERTA

www.albertafilm.ca
Alberta Film Development Program
The Alberta Film Development Program (the AFDP) provides direct grants rather than refundable tax credits. The AFDP is accessible through three funding streams based on the level of Albertan ownership and employment of Albertans in key creative positions. The AFDP will contribute between 14 and 23% of all eligible expenses incurred in Alberta, which is the equivalent of between a 25 and 42% labour tax credit. Productions are classified into three types based on the percentage of the production owned by Albertans: majority (51% or more) Albertan ownership, equal or minority (10% to 50%) Albertan ownership, and nominal (0 to 10%) Albertan ownership.

The maximum amount of funding available to any one project is $1.5 million.

Eligibility
The project must be supported by a broadcast license or a bona fide distribution agreement.
Recipients of funding under the AFDP must be incorporated in Alberta.
Funding is not available under the AFDP for productions which fall within an “excluded genre” (e.g. news reports, game shows, talk shows, etc.)
Eligible costs include all expenditures where the cost is incurred in Alberta and the value of the consumption of the goods or services is realized in Alberta.
Other Alberta Incentive Programs
Alberta Foundation for the Arts Cultural Industries Grant
Alberta Foundation for the Arts Commissions Individual Film and Video Artists Grant
Alberta Foundation for the Arts Film and Video Project Grant
Alberta Cultural Industries Association Loan Guarantee
You can find every production term definition at Quick Film Glossary.
Check QuickFilmBudget.com for sample film budget!