Listen Live

Province increases tax credit to support game developers

The B.C. Government will support game developers by increasing a tax credit.

The province announced it’s increasing the interactive digital media tax credit from 17.5 percent to 25 percent to support those working in the interactive digital media industry like video game and virtual reality developers, software engineers, and artists.

The increase supports higher salaries and wages earned in the industry after August 31 this year, with businesses able claim the credit on those payments for video game, simulator, and educational software development.

Minister of Finance Brenda Bailey says from her experience in the gaming industry, she knows how important people are to its success.

“We stand by our developers and can’t wait to see what they create next.”

The province says the increase would also get more people employed in this industry as almost half of all B.C. gaming companies are only made up of 10 people or less.

It hopes the tax credit supports the hiring of over 20,000 people, attracts new investment, and continue the development of highly praised games.

This increase takes effect September 1.

Continue Reading

cfcp Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Back-to-school programs see growing demand for school supplies as prices rise

Some British Columbia groups that help provide families with school supplies said they have seen an uptick in demand heading into this school year. 

Family of woman killed in Kelowna pushes for ‘Bailey’s Law’ to reform bail system

The B.C. Conservatives are supporting calls for bail reform from the family of a woman killed in Kelowna. 

Several heat records broken or tied across Vancouver Island Sunday

High temperatures across the region this weekend led to multiple heat records being broken or tied in multiple Vancouver Island communities. 

CVSAR completes two weekend backcountry recues

Comox Valley Search and Rescue (CVSAR) were kept busy over the weekend with a pair of calls for service. 

HAIR AND NOW – ALL CANADIAN EPISODE – AUG 22

Hair and Now Episode from August 22, 2025. Kent Schumaker and Brian Howes take a trip down memory lane Canadian Style with an hour full of some of our country's finest rock releases from the 1980s!
- Advertisement -