Film and Video Production Tax Credit is made permanent with no fixed expiry date. The amount allocated will increase from $16 million to $31.5 million.
Cultural Industries Printing Tax Credit is extended by one year to December 31, 2020. In addition, the annual maximum tax credit claim is capped at $1.1 million per taxpayer. This measure is effective for qualified expenditures as of the 2019 tax year.
To grow the book publishing industry, the Book Publishing Tax Credit is extended for five years to December 31, 2024.
To support individuals and corporations who acquire equity capital in eligible Manitoba enterprises, the Small Business Venture Capital Tax Credit is extended for three years to December 31, 2022.