MEDIA RELEASE: BUSINESS SUBSIDIES NEED CLOSER EXAMINATION
Halifax – The Atlantic Institute for Market Studies (AIMS) is calling for a market-based solution to a recent budgetary announcement to eliminate the Nova Scotia Film Tax Credit. AIMS believes the Nova Scotia government is correct in examining the Film Tax Credit as it relates to the film industry. In addition, AIMS’ President and CEO Marco Navarro-Genie argues that subsidies are not good enablers of thriving economies and are often exploited by out-of-province companies.