Vancouver's film industry thrives thanks to government incentives

The film industry in Vancouver, Canada, has thrived due to a range of subsidies and supportive policies provided by local authorities.

Steveston, a small town in Vancouver, has gained fame as a filming location for popular films and television shows, including Once Upon a Time and The Twilight Zone.

"Definitely a lot of big films have been filmed here. People come here a lot to check out their favorite scenes and settings," said a local resident.

Film producer Adrien Bodson emphasized the significant incentives offered by the Canadian government, which include subsidies, tax credits, and investments in technologies that enhance film production efficiency.

"Canada has always been a great incentive in terms of federal subsidies, local subsidies, provincial subsidies also, tax credits. We also have special tax credits for visual effects that are done here in Canada," said Bodson.

Vancouver's film industry thrives thanks to government incentives

Vancouver's film industry thrives thanks to government incentives

Vancouver's film industry thrives thanks to government incentives

Vancouver's film industry thrives thanks to government incentives

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025