OMDC Newsletter OMDC Newsletter
May 2015

OMDC’s Digital Dialogue Breakfast Series – Can You Draw Me a Picture? Using Data Visualization to Tell Your Story

OMDC’s Digital Dialogue Breakfast Series Panel

Moderator: Karen Mazurkewich, Advisor, MaRS (@karenmaz); Panelists: Noah Genner, CEO & President, BookNet Canada (@ngenner), Andrea Teolis, Graphic Designer & Software Programmer, and Manfred Becker, Documentary Filmmaker & Lecturer.

On April 17th OMDC kicked off its Digital Dialogue Breakfast series with the first panel of 2015. During this session focused on data visualization, presenters shared tips and techniques for crafting effective visual stories with information. Three more breakfasts on topics of interest to industry are scheduled this year in Toronto, on May 29th, June 26th and October 2nd. A Fall 2015 breakfast will also be held in Ottawa. Contact to be added to the invitation list.

Stuart Coxe and Tamara Dawit   Dan Skorbach
Stuart Coxe (Antica Productions Ltd.) and Tamara Dawit (FACTOR)   Dan Skorbach (Mark Media Corp.)

For more photos from this event go to OMDC Digital Dialogue’s Breakfast Series Facebook Gallery.

Government Announces Continuation of Ontario Music Fund

The Provincial Government has announced the continuation of the Ontario Music Fund (OMF) with annual funding of $15 million to support music companies and organizations across Ontario’s diverse music ecosystem. The government noted that the success of the OMF had met the needs of the Ontario music industry and as a result the OSRTC has been eliminated for sound recordings which commenced on or after April 23, 2015

Renewal of IDM Fund and Changes to OIDMTC

The Provincial Government announced the renewal of the OMDC Interactive Digital Media Fund (IDM Fund) with funding of $6 million in 2015-16 and $10 million per year beginning in 2016-17.

Following on the Fall Economic Statement which committed to review the scope and parameters of the OIDMTC to better meet the needs of interactive digital media companies and to ensure the sustainability of the tax credit, the Budget proposed the following changes: the credit will only be available for entertainment products, or educational products for children under the age of 12; some specific types of products will be excluded such as search engines, real estate databases, or news and public affairs; the rules excluding promotional products will be strengthened. The Ministry of Finance has released an Information Bulletin which provides further clarification of the proposed Budget changes.

Changes to Film & Television Tax Credits

Measures introduced in the 2015 Budget included proposed changes to the suite of film and television tax credits affecting OFTTC, OPSTC and OCASE

Ontario Film and Television Tax Credit (OFTTC) - The Provincial Government will introduce a regulatory amendment to clarify that government equity will not be treated as assistance for purposes of the OFTTC. (Eligible expenditures under the tax credit are generally reduced by the amount of assistance received.) The regulatory amendment will be effective after December 31, 2008. There was no change to rates for OFTTC.

Ontario Production Services Tax Credit (OPSTC) -The Provincial Budget noted the impact of the lower Canadian dollar in spurring foreign-service productions in Ontario and as a result the need for government support to foreign productions was reduced. The OPSTC rate will be reduced to 21.5% (from 25%) for qualifying expenditures incurred after April 23, 2015.

Ontario Computer Animation and Special Effects Tax Credit (OCASE) - The OCASE rate will be reduced to 18% (from 20%) for qualifying expenditures incurred after April 23, 2015. To be eligible for the OCASE, productions must now have received either the OFTTC or the OPSTC.

Tax Credits Guidelines will be updated on the OMDC website in the coming days.

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