Ontario is rolling out the red carpet for major studios. In a move that solidifies its position as Hollywood North, the Canadian province has secured major commitments from Amazon MGM Studios and Netflix, lured by its stable tax credit system, booming infrastructure, and cutting-edge VFX capabilities.
“Stability is key,” declares Ontario film commissioner Jason Cutler, highlighting the 18% refundable tax credit with no sunset clauses or annual caps. This stands in stark contrast to the uncertainties plaguing other regions, making Ontario a haven for studios seeking long-term planning security.
And speaking of infrastructure, Ontario is bursting at the seams with stages. With 3.6 million square feet already available and another 1.8 million on the horizon, the province is rapidly expanding its capacity. Amazon MGM Studios has snagged exclusive use of five brand-new soundstages at Pinewood Toronto, while Netflix has established its own Toronto production hub across Pinewood and Cinespace facilities, boasting a combined 29 soundstages.
But it’s not just about bricks and mortar – Ontario’s VFX scene is expanding too. Studios like DNEG, Rocket Science, and Maverick VFX are attracting projects left and right. And for those embracing virtual production, Pixomondo is leading the charge with two LED volume stages in Toronto and plans for bespoke pop-up volumes on the horizon.
“We’re seeing projects coming in just for post and VFX work,” says Cutler, crediting the province’s 18% tax credit for digital animation and VFX. Studios like Pixomondo are already utilizing this incentive, collaborating with William F. White Intl. to create groundbreaking virtual sets for “Star Trek: Strange New Worlds.”
The province boasts a physical backlot built specifically for the first season of “Reacher.” This “old-fashioned” gem is now open for business, offering a unique shooting location for future productions.
The message is clear: Ontario is open for business. With its stable tax environment, expanding infrastructure, and thriving VFX scene, the province is quickly becoming a go-to destination for major studios. And with streaming giants like Amazon and Netflix leading the charge, Hollywood North is hotter than ever.