Alberta is considered the ultimate destination for film television and commercial production. Offering unparalleled diversity, Alberta has garnered more Academy Award nominations than any other production centre in Canada. The Alberta Film Development Program is a formula grant that provides producers with a contribution of up to 29% of all eligible production expenditures made in the province (equivalent to a labour tax credit of 36 -53%) Available to local, national and international producers, the grant increases with Albertan ownership and the employment of Albertan key creative personnel. This government guaranteed grant is accepted at face value by most financial institutions. Alberta also continues to be the only Canadian province without provincial sales tax.