Falling oil prices suddenly sending the Canadian dollar below 80 cents in value compared to the American greenback has the major studios factoring in added currency savings on top of tax credits and local on-set talent when weighing whether to shoot in Canada. http://www.hollywoodreporter.com/news/hollywood-location-shooting-surges...
Anything Goes : Hollywood Location Shooting Surges as Canadian Dollar Collapses by Amanda Toney
Managing Director at Stage 32 ♦ Director of Operations, Producer
10 years ago
Hollywood Location Shooting Surges as Canadian Dollar Collapses
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Very interesting. Canada is a beautiful country and has lots of different environments for filming. That kind of drop in their dollar has American production companies licking their chops. Thanks for the post.
um, it works the other way around. when your money is worth more somewhere else…the other place becomes the bargain
I was referring to how American Production companies will want to film in Canada. It's cheaper and the tax credits. Such a bargin they're almost salivating.
It would also help the Canadian economy.