Video Gaming Industry in Canada Flourishing
Canadian video gaming companies are a major part of the global video gaming industry.
Even though it may be surprising news for many players of the popular video games Assassin's Creed and FIFA Soccer, these pursuits were developed in Canada.
Video gaming firms within Canada boast a large number of fashionable pursuits that are well-liked in different places around the world. The operations of various top firms such as Ubisoft and BioWare are located in Canada.
Canada and Global Markets
Canada is a significant source for the creation of popular video games in the global market. After Japan and the U.S., Canada is the third largest provider of video games.
Video game companies based in Quebec and Ontario have shown considerable success. According to a report prepared for the Entertainment Software Association (ESA) of Canada, Canada hosts more than 340 video game firms with over 15,700 employees.
A large proportion of the Canadian video game studios are located in Quebec. Among the video game studios in Ontario, a major portion involve small firms and start up companies.
Government Support Helps Video Game Market Grow
The gaming industry in Canada has benefited from Government support in the form of tax breaks. Competition from new areas has recently surfaced following the introduction of similar tax breaks in France, Australia and South Korea and several states in the U.S.
The video gaming industry is expected to contribute $1.7 billion within Canada's economic activity in 2011.
