OFTTC

• Grants are considered a form of assistance which grind the OFTTC. Assistance from all sources, regardless of whether the amount was received by the Ontario co-producer or by the interprovincial co-production partner, and regardless of whether it relates to the Ontario portion of the production costs or the partner’s costs, grind the Ontario labour amount proportionately.

  Here is an example of the grind calculation:

  Total Production Costs (Ontario and co-producer’s) $10,000,000
                                               Ontario Labour Amount $ 3,000,000
                                                                  Grant amount $ 500,000

  In this example:

  Assistance x Ontario Labour Amount
                      Total Production Costs

  In this example:

  $500,000 x $3,000,000 = $150,000
                    $10,000,000

  The Ontario Labour amount on which the OFTTC is calculated is therefore $2,850,000.