Game on: Manitoba's interactive digital media sector takes off thanks to innovative tax credit
It may not always seem as if the government of the day is tuned in to what’s going on in the real world.
But when the Pallister government extended the interactive digital media tax credit for three years in last month’s budget, it was an acknowledgement the sector is a source of job growth — and the tax credit has provided a real incentive.
There are about 120 companies in the sector in Manitoba developing mobile apps, video games and everything from digital health, augmented and virtual reality, interactive installations and more. Some believe the workforce may have grown by as much as 66 per cent in the past five years.
Kevin Glasier, the president of Tactica Interactive, one of the longest-standing and busiest Winnipeg shops, swears by the tax credit.
"Since 2009, we have worked on projects probably worth more than $1 million that would not have come here otherwise," Glasier said.
Last year, the province removed the $500,000 cap on the size of the tax credit and this year the province extended it to 2022.