Digital Media
With the advent of the Internet, Canada’s Interactive Digital Media Industry is expanding with more companies, including a video game sub-sector ranked third in the world.
Over 2 decades ago, the internet era began, which shifted the way we use media. No longer were we relying strictly on print media for advertising, communication, publishing or entertainment. At present, Canadian firms are building applications and experiences that educate, inform, and entertain us on portable devices such as tablets and smartphones.
There are various Tax Incentives & Innovation Funding across Canada for companies working in the Interactive Digital Media & Entertainment Industry.
To be competitive in the digital media and entertainment landscape, it is critical for a company to leverage the various funds offered by the federal and provincial governments.
This comes in the form of direct grants, tax credits, and loan guarantees.
These funding initiatives subsidize the growth and development of a globally competitive digital media and entertainment industry within Canada.