When it comes to game development, Canada is one of the fastest-growing hotbeds on the entire planet. In fact, when you look at it from a per-capita perspective, it's safe to say that Canada is home to the biggest gaming industry on the planet. How is this possible? Canada is home to over 300 gaming companies employing over 16,000 people including the few famous casino companies like the Royal Vegas online casino
This kind of
thing doesn't happen by accident but, rather as a result of significant
government support, easy access to creative and technical Talent, and a couple
of other factors that have come together so well to make Canada into one of the
best places for the gaming industry. And that’s exactly what those companies
like The royal Vegas online casino looking for.
instance, Ontario has attracted a large number of gaming companies to their
shores because of generous tax incentives that abound specifically for gaming
companies. In fact because of the support from Ontario Media Development
Corporation, or OMDC, Ontario-based gaming companies could hope to receive up
to a 40% refund on all the money they invested in marketing, artists, and
developers. And, when you are in charge of a company that's made up of 90%
developers and artist, this turns out to be a large amount of money.
just the beginning, the OMDC also lends support to new games through something
called the Interactive Digital Media (or IDM) fund - a grant that provides
gaming companies with up to $150,000 to help fund projects. They've done this
over and over so, by now, this fund has given out millions of dollars to
companies in Ontario so they can produce their games.
When we look
at things from the federal side, we come across that Industrial Resource
Assistant Program (or IRAP) and the Scientific Research and Experimental
Development Tax Incentive Program. These programs provide new technology
companies with anywhere from $50,000 to $500,000 to supplement their
development costs. And that's not all, the Business Development Bank of Canada
(a federally owned bank with over 1 billion under management) aggressively
supports video game startups within the country.
mentioned above are just a small sampling of the ones available on both the
federal and provincial level in Canada that are designed to support the startup
Canadian gaming companies. Plus, all the money goes towards a good cause
because it's creating jobs and inspiring creativity and the technology / media
sector and Canada.
All of this
support is having great effects on many Canadian-based gaming companies. For
instance, Big Viking Games has grown from a team of just four people in 2011 to
over 70 employees in 2016. Other companies expect to see a projected 25% growth
in the next couple years.
beyond factors -the local access to skilled creative and technical talent,
significant government support, and a vibrant and growing city that attracts
people from all over the planet - combine seamlessly to create a wonderful
opportunity for gaming companies in this country. It's safe to say that we can
expect big things (in terms of new games) within the next few years - and
Canada's support system is a big reason why. In the meantime, relax at Royal Vegas with
popular casual casino games where you can win real cash prizes.
Another factor that adds to the success of the Canadian gaming industry is the highly skilled talent pool that is available in the country. That, along with reasonable immigration policies, has enabled Canada to attract quite a few Americans and people from other countries to this technological hub. Furthermore, this country has a large number of world-renowned engineering programs, like the ones found at Queen's University, McGill University, University of Toronto, and the University of Waterloo. Sheridan College, another Canadian Wonderland, is considered to be one of the top animation schools in the on the entire planet.
Mathieu Blake - Internet Entrepreneur, loves technology, sports, the Montreal Canadiens, Poker, Poker chips, current events and travel. You will often find him Writing about different topics that interest him on websites and blogs. To submit an article, contact the website directly.
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