Thank you, Mr. Chair. And that sounds like a great experience. I was -- had an experience with a US film production in my previous employment in, Mr. Chair, your community of Dettah, and it was really significant to see how much opportunity brought to the community and to see the late Chief Eddie Sangris shake Hilary Swank's hand was really exciting as well. So this can really bring Northerners -- or bring the North to Hollywood or to that larger film industry and bring, of course, film industry here locally.
The issue is this rebate is -- like, no one's going to complain about it. This is good that it's there. It's very, very small. And if you're looking to build an industry around a rebate program, which basically every jurisdiction does. The reason they film in, you know, European countries, small European countries, you know, like, why are productions setting up there, it's because their film -- how their film rebates are structured.
This could be an area where we could attract a lot more -- or more productions to and also support local filmmakers as well if we expanded this program, but it's going to take a significant amount of expansion. Not $1 million or $1.5 million, but tens of millions if we want to take it seriously and really grow our industry here.
Is there any possibility or long-term planning? Obviously, we have fiscal challenges we need to address, but we also have economic challenges we need to address and a lot of jobs in the private sector that are leaving the territory with the closure of the mines and not a lot to replace them. So the good stuff about this is, again, the times nine multiplier for every dollar we put into this but also the sustainable jobs it creates as long as the funding's there. It is very much a "if you fund it, they will come" kind of model.
So as we try to pivot into a future, an increasingly uncertain future, is a more robust film rebate program, that can attract larger productions, support more local productions, and grow a film industry in -- I mean, in the hub communities, part of the department's long-term thinking? Thank you.