US EditionB.C. Boosts Tax Credit for Developers of Video Games, Virtual Reality Simulators
BRITISH COLUMBIA, CANADA, JUL 7 – The permanent increase to a 25% tax credit aims to boost B.C.'s video game sector, supporting 20,000 jobs and adding $1 billion annually to the economy, officials said.
- B.C. Premier David Eby announced on July 7, 2025, at Electronic Arts in Burnaby that the interactive digital media tax credit will increase from 17.5% to 25% and become permanent starting September 1, 2025.
- The provincial government made this decision to boost the credit independently of possible U.S. reactions after American tariff threats earlier in 2025 served as a wake-up call to strengthen B.C.'s economy.
- B.C. is home to 161 video game and 230 immersive technology companies employing over 21,000 people, with the sector contributing more than one billion dollars annually to the provincial economy.
- Industry leaders like EA's COO Natali Altshuler praised the changes for recognizing the industry's value and enabling local growth, while smaller studios also welcomed the boost for its meaningful impact.
- The increased and permanent tax credit aims to stimulate hiring, investment, and competitiveness in B.C.'s interactive digital media sector amid global economic pressures and to attract new headquarters to Vancouver.
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Total News Sources59
Leaning Left27Leaning Right1Center6Last UpdatedBias Distribution79% Left
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- 79% of the sources lean Left
79% Left
L 79%
C 18%
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