Prior Requirement

Proposed Rule

Would Apply to

Companies must file an application for a certificate of completion within 24 months of the year end in which principal photography begins.

Extend deadline by an additional 24 months.

Productions for which eligible expenditures were incurred prior to March 15, 2020 and which were not completed, certified by Ontario Creates or deemed ineligible for the tax credit by Ontario Creates before March 15, 2020.

Eligible expenditures can be claimed up to 24 months before principal photography begins.

Extend this claim period by an additional 24 months.

Productions must have an agreement in writing to have the production shown in Ontario within two years of the production being complete and becoming commercially exploitable.

Extend this two-year period by an additional 24 months.