Nova Scotia's defence and aerospace sector generates approximately $500 million in revenues and contributes about $1.5 billion to the provincial economy each year.[20] To date, 40% of Canada's military assets reside in Nova Scotia.[20] Nova Scotia has the fourth-largest film industry in Canada hosting over 100 productions yearly, more than half of which are the products of international film and television producers.[21] In 2015, the government of Nova Scotia eliminated tax credits to film production in the province, jeopardizing the industry given most other jurisdictions continue to offer such credits.[22] The province also boasts a rapidly developing Information & Communication Technology (ICT) sector which consists of over 500 companies, and employs roughly 15,000 people.[23]