Alberta offers tax break to digital gaming, media companies - News Summed Up

Alberta offers tax break to digital gaming, media companies


Alberta's growing digital media industry is getting a boost from the provincial government. The province is offering digital gaming and media companies sa tax credit that covers 25 per cent of salaries and bonuses for current and new staff and five per cent more for employees from diverse or under-represented backgrounds. Digital gaming and media companies say it will put Alberta on the same competitive fields as businesses in B.C., Quebec and Ontario, which offer similar incentives. Trent Oster, who co-founded Bioware and started the international gaming company Beamdog, said the tax credit will help the industry in Alberta. Further details and the cost of the tax credit will be announced in the provincial budget, which will be introduced next week.


Source: CBC News March 15, 2018 19:07 UTC



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