Hollywood Heads Back North as Canadian Dollar Falls

The foreign location rebound comes as the American greenback recovers in value against the Loonie. TORONTO -- Foreign location production in Canada, mostly by U.S. producers, rebounded last year. The total budget spending in Canada by Hollywood studios in the year to March 31, 2013, rose 3 percent to CA$1.74 billion ($1.56 billion), compared to CA$1.68 billion ($150.5 million) a year earlier, according to the Canadian Media Production Association's Profile 2013 survey. Hollywood's rising film an...