Saving the B.C. film industry

There seems to be a lot of controversy lately around the B.C. film industry not making it into the Christy Clark BC Jobs plan. I don’t see the correlation.

As I understand the issue, in 2009 Ontario made a competitive bid for an all-spendĀ 25% tax break vs B.C’s 33% staff only tax breaks for the motion picture industry.
I realize this is a billion dollar industry, and I have many friends personally who have felt the impact. Is the argument we offer more of a break than Ontario, which seems like it would only be a race to the bottom?
Can anyone enlighten me as to what the proposed solution being offered is?