The U.S. is considering a federal tax incentive for films. How might that affect Canada?

Amid the buzz surrounding the upcoming Toronto International Film Festival, U.S. President Donald Trump has proposed the creation of a federal tax incentive to keep film production in the U.S. instead of seeing it move to other countries – calling out Canada by name. But is it fair to frame the Hollywood exodus as Canada taking jobs from the U.S.?
Source: The U.S. is considering a federal tax incentive for films. How might that affect Canada? (https://www.cbc.ca/news/entertainment/trump-incentive-films-9.7329284?cmp=rss)
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