OMDC Newsletter
2015 Highlights

OMDC Program Deadlines and News

Proposed Regulations and Legislative Amendments Affecting Tax Credits Have Been Introduced

OIDMTC

The Minister of Finance presented the Provincial Budget on April 23, 2015 which introduced several proposed changes to the Ontario Interactive Digital Media Tax Credit (OIDMTC). The Ministry of Finance released a bulletin on May 6, 2015 that provided further information about the proposed changes and examples of products that would be eligible for the OIDMTC.

We are pleased to advise that the Ontario Government has now posted the proposed OIDMTC regulations on Ontario's Regulatory Registry. This registry contains current regulatory proposals affecting business that the public and business can comment on. Comments must be provided on the Regulatory Registry site by December 17, 2015. Don't miss your chance to review the proposed regulations and have your say: http://www.ontariocanada.com/registry/view.do?postingId=20162&language=en

The Ministry of Finance has also posted an updated bulletin on their website related to the proposed OIDMTC regulations: http://www.fin.gov.on.ca/en/credit/oidmtc/bulletin-nov-2-2015.html

Specifically, OIDMTC stakeholders should note that to expedite certification, the new 80/25 rule which replaced the 90% development rule will apply to all products in respect of which a determination of eligibility has not been made on or before April 23, 2015, including those awaiting certification on April 24, 2015. However, only the 80 per cent test would apply to products for which certification was applied for before April 24, 2015. Both the 80 per cent test and the 25 per cent test would need to be met for products that apply for certification after April 23, 2015.

OFTTC and OPSTC

The proposed regulations that have been posted also clarify that government equity will not be treated as assistance for the OFTTC (and therefore will not grind the tax credit) and likewise, that the 2015 Ontario Production Services and Computer Animation Transitional Fund will not be treated as assistance and therefore will not grind the OFTTC or the OPSTC.

OCASE and OIDMTC

Bill 144 - The Budget Measures Act, 2015 was introduced on November 18, 2015 and included the final proposed tax credit amendments to implement the 2015 Budget changes. Bill 144 contains a legislative amendment to OCASE to ensure that the 2015 Ontario Production Services and Computer Animation and Special Effects Transitional Fund will not be treated as assistance and therefore will not grind OCASE. The Bill also contains a legislative amendment to OIDMTC to ensure that the former 90 per cent development requirement would only apply to specified (fee-for-service) products that had been certified or received a Letter of Ineligibility prior to April 24, 2015. (The proposed regulatory amendments mentioned above deal with the implementation of the new 80/25 labour test for products certified/denied after April 23, 2015.)

Trillium Book Award - Call for Submissions

Deadlines:

  • December 17, 2015 – for titles published between January and October 2015
  • January 26, 2016 – for titles published in November and December 2015

OMDC Research Grants

OMDC offers financial support directly to incorporated not-for-profit industry organizations undertaking research initiatives that support or complement the mandate of OMDC. Full eligibility requirements and guidelines are outlined in the OMDC Research Grant Guidelines.

We are pleased to announce the deadlines for the Research Grant program in 2015-16:

  • Monday, March 14, 2016

Application through the Online Application Portal is now mandatory. New users to the OAP will first have to register for a user account. OAP training videos are available online and can be found on the Online Application Portal Training Videos page of the OMDC website.

OMDC-Supported Research

Women in View has produced a statistical report on the employment patterns of women in Canadian screen-based production. This study reports on English-language feature film and television series production, looking in particular at the positions of director, screenwriter and cinematographer. The authors conclude that women continue to represent a small minority of key creative positions in film and television production in Canada, a trend which is worrisome. You can read the report here.

Youth Media Alliance has launched an online resource for kids digital content producers which provides guidance on key legal and ethical issues. Backgrounders offer key concepts and definitions and present information on the relevant legal context in Canada and in other jurisdictions in categories such as Identity and Personal Information, Contents, Surveys & Newsletters, Sales and Monetization, User-Generated Content, Advertising, Social Media and Safety. Best practice recommendations for developers are provided. The project was conducted with funding from OMDC, CMF and the Bell Fund. To access the digital toolkit on the web, go to: URL. To read the material in PDF format, click here.

While magazine media companies are evolving their businesses to encompass digital forms of distribution and revenue generation, they continue to rely on print for the majority of revenues. Magazines Canada commissioned a study to determine the requirements magazine publishers would have of alternate home delivery providers (such as courier companies, newspapers, other delivery firms) as a first exploratory step regarding alternate or additional home delivery models. The study was conducted with funding from Magazines Canada and OMDC. To read the report, click here.

OMDC's OAP Training Videos Available Online!

We are very pleased to announce that the OAP training videos have gone live and can be found on the Online Application Portal Training Videos page of the OMDC website.

OAP Quick Tip

The Portal Dashboard displays five of the most recent action items by default. To see the full list, click SHOW ALL at the bottom right corner of the Action Items table. You can also remove closed action items from the Dashboard by selecting the HIDE button to the right of the closed items.

We Want Your Feedback!

Please take a minute to tell us what you would like to see on our website and in our newsletter. We'd love you to share your stories with us and to hear your suggestions. You can reach us at reception@omdc.on.ca.