Yes. Very generous credits, however they did decrease somewhat last year. From the BC Gov website:
For every $100 spent by a production company on eligible labour, government subsidies return between $33 and $71 to that company.
Because they are refundable tax credits, companies receive the credit even when they pay little or no tax to government.
There are an estimated 25,000 jobs in the B.C. industry, and taxpayers contribute an estimated average of $25,000 for each individual employed in film and television in B.C.