Monday, May 5, 2025, 7:21 am
In a bold move that could upend international film production, President Trump has proposed a 100% tariff on non-U.S. movies. The measure, seen as a drastic deterrent to foreign filming incentives, simultaneously champions domestic projects while adding yet another dramatic twist to his trade policy theatrics.
In 2023, Canada's film and TV industry had $12.2 billion worth of production, and contributed roughly $14 billion to Canada's Gross Domestic Product with Toronto often standing in for U.S. cities.
Ne pas montrer un film aux États-Unis ou l’y produire entièrement? C’est le dilemme posé aux productions mondialisées.
Incentive programs for years have influenced where movies are shot, increasingly driving film production out of California and to other countries with favourable tax incentives.
À l’occasion de sa revue de presse, lundi, Paul Arcand commente l’annonce du président américain qui veut désormais s’attaquer à l’industrie du cinéma en imposant de nouveaux droits de douane de 100 % sur tous les films produits hors des États-Unis.
permalink / 4 stories from sources in 5 hours ago #trade #tariffs #movies #trump
Alberta Premier Danielle Smith delivered a livestream address detailing her province’s strategy for renewed dialogue with Ottawa. She outlined bold initiatives and stressed the need for open discussion, all while the political tension simmers—proving that high-stakes negotiations can be both earnest and a rollercoaster ride. More...
Facing a dramatic reduction in seats post-election, the NDP has moved quickly to appoint an interim leader. The leadership meeting underscores the party’s urgent need to regroup and redefine its strategy, leaving both insiders and critics questioning if a fresh start might just be what’s needed. More...
Canadian financial heavyweight Mark Carney is journeying to Washington for a high-stakes meeting with U.S. officials amid mounting political and trade tensions. The visit, which has sparked considerable debate in policy circles, is being closely watched as it addresses shifting regulatory dynamics and broader transatlantic relations. More...
U.S. energy giant Sunoco LP has inked a cash-and-stock agreement valued at US$9.1 billion, including assumed debt, to acquire Calgary-based Parkland Corp. The deal unfolds amid heated boardroom maneuvers and rival shareholder ambitions, adding a dash of corporate drama to North America's energy market. More...
In a move that rattled global markets, OPEC+ announced a sizeable production increase, triggering a noticeable fall in crude prices as investors reacted amid thin holiday trading. The production boost has intensified concerns of oversupply and prompted recalibrations in market dynamics. More...
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