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B.C. Boosts Tax Credit for Developers of Video Games, Virtual Reality Simulators

  • British Columbia announced the tax credit increase to 25%, made permanent, at EA’s Burnaby offices for video game developers.
  • The province described how the tax credit aims to grow B.C.’s knowledge economy, create jobs, and secure its status as a global innovation hub.
  • The B.C. government’s expanded tax credit applies to salaries and wages for games, simulators, and software, with a permanent 25% rate effective September 1, supporting 20,000 jobs and adding over $1 billion to GDP.
  • Heidy Motta of Coldblood Inc. praised the credit's positive impact on indie studios and major companies alike, supporting industry growth.
  • Beyond immediate gains, B.C. demonstrates long-term commitment to industry leadership, enabling strategic decisions independent of U.S. reactions, as Premier David Eby emphasizes the sector's global importance.
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CTV NewsCTV News
+30 Reposted by 30 other sources
Center

B.C. boosts tax credit for developers of video games, virtual reality simulators

The British Columbia government is boosting a tax credit to help developers of video games like Electronic Arts hire additional staff and invest money locally.

·Canada
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crestonvalleyadvance.cacrestonvalleyadvance.ca
+11 Reposted by 11 other sources
Lean Left

B.C. expands tax credit for video game developers

Premier David Eby cites economic importance of the industry to the province

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Province of BC broke the news in on Monday, July 7, 2025.
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