yes Canada is known for its tax credits! I lived in Toronto for 4 years (for uni) and Vancouver for 6 years - the credits are great for hollywood, but unfortunately not so great for independent creators trying to get started. I'm amazed I was able to make as much as I did up there, lol!
A contest might be a good place to start... if you want to team up and come up with some fun topics to get something started, then I'm definitely down!
RE: Music Video - Misery - Jess Abran and Geoff Bukk