ONTARIO FILM & TELEVISION TAX CREDIT (OFTTC)
The OFTTC is a refundable tax credit based upon eligible Ontario labour expenditures incurred by a qualifying production company with respect to an eligible Ontario production. The OFTTC is generally “harmonized” with the Canadian Film or Video Production Tax Credit.
Grant Deadline
Deadline not available
Funding Amount
35% of expense
Type of Grant
Tax Credit, Hiring
Sectors
Film, Music, Entertainment, Media
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
WHO IS ELIGIBLE?
A qualifying production company is a Canadian corporation which is Canadian-controlled, has a permanent establishment in Ontario, and files an Ontario corporate tax return. In addition, the individual producer of the production must have been an Ontario resident for tax purposes at the end of both of the two calendar years prior to commencement of principal photography.
WHAT IS AN ELIGIBLE PRODUCTION?
An eligible Ontario production is a production which:
- has six Canadian content points (unless it is an official treaty co-production)
- is predominantly shot and posted in Ontario (Note: There are exceptions for documentaries, interprovincial co-productions and international treaty co-productions)
- spends at least 75% of its total final costs on Ontario expenditures
- if for television, is suitable for a minimum 30-minute time slot (except children’s programming)
- has an agreement in writing with an Ontario-based, Canadian distributor or a CRTC-licensed broadcaster to be shown in Ontario within two years of completion (broadcast must occur between 7:00 p.m. and 11:00 p.m., except for children’s programming)*
- is not in an excluded genre (such as news or current affairs, talk shows, game shows, sports shows, awards shows, fundraising shows, reality television)
*regulatory amendments relating to online productions are pending
Grant Application website
https://www.ontariocreates.ca/tax-incentives/ofttc
Contact
Tax Credits & Financing Programs
175 Bloor Street East
South Tower Suite 501
Toronto ON M4W 3R8