Capital cost allowance is not the only tax shelter available to Canadian firms. In some cases, notably cultural industries, there are both federal and provincial tax credits to offset a portion of the production costs involved in content development. The following website at Canada Revenue Agency describes the Film or Video Production Tax Credit (FTC), which is available to qualified producers.

cra-arc.gc.ca/tx/nnrsdnts/flm/ftc-cip/menu-eng.html

For a company with $1 million in production costs, what is the size of the federal FTC?