Ontario Interactive Digital Media Tax Credit (OIDMTC) FAQ
The OIDMTC is one of the biggest tax credit incentives in Canada – here are some frequently asked questions about the program. What is Interactive Digital Media? For the purposes of the OIDMTC, an Interactive Digital Media product has the primary purpose to educate, inform, or entertain, and achieves its primary purpose by presenting information […]
Digital Media Funding – A Case Study
Kibooco is a Vancouver digital media start-up developing an interactive platform for children to design and create their own books. As a start-up, the team behind the Kibooco vision had to develop a strategy to finance their project, and looked to a number of government incentive programs. After being rejected for the BC Film and […]
OMDC Measuring OIDMTC Impact
The Ontario Media Development Corporation (OMDC) has engaged Ottawa-based economic consulting firm to spearhead a campaign to assess the impact of the Ontario Interactive Digital Media Tax Credit (OIDMTC) on Ontario’s economy and growing digital media industry. Nordicity is administering an online survey to identify how companies are impacted, directly or indirectly, by the OIDMTC, […]
Canada Media Fund initiates automated reporting with comScore
The Canada Media Fund (CMF) has announced the development of an automated digital media measurement tool to measure performance and efficacy of CMF-funded digital media projects, collaborating with digital analytics company comScore. The CMF first announced plans to establish a Digital Media Performance Measurement Framework in May. The solution will deploy comScore’s Digital Analytix, a […]
Tax Credits a Huge Draw for Game Studios to [Some Parts of] Canada
UK company Frontier Developments Ltd announced August 7 its plan to open a new game development studio in Halifax. The announcement rewards Nova Scotia’s “Your Studio Belongs Here” campaign, an initiative to entice game studios into relocating or expanding into the area. The campaign boasts lower living costs which deliver better bang for buck, “better […]
Canadian Manufacturing Outlook 2012: Optimism
A recent study indicates a sense of optimism within Canada’s manufacturing sector. The survey, “Canadian Manufacturing Outlook 2012: Push and Pull – Reducing Costs and Investing in Innovation,” is based on input from senior Canadian manufacturing executives and indicates a positive outlook across the industry. According to StatsCan, manufacturing accounts for over 7 percent of […]
OIDMTC: $38 Million Reasons to Invest in Digital Media
This morning, NorthBridge held a free informational webinar on the Ontario Interactive Digital Media Tax Credit (OIDMTC) titled “$38 Million Reasons to Invest in Digital Media.” The webinar, followed by an interactive Q&A session, met with great success, and we look forward to hosting more interactive sessions and exploring new venues for sharing our government […]
Interactive Digital Media Funding – CMF Case Studies
On Monday, the Canada Media Fund (CMF) announced a $14 million round of funding to 25 interactive digital media (IDM) projects as part of their Experimental Stream. CMF’s track record in its three years of doling out digital media funding spans 112 projects and $58 million in funding for production support. Production support (as opposed […]
Video Games Growing – And Branching Out, Canada
A report from NPD Group published earlier in June indicated a continued rise for Canada’s video game industry. From September 2011 to February 2012, game acquisition grew by 46%, with a 4% increase in revenue in the half-year period. Free and downloadable games are dominating growth, increasing 79% in the same period, while the purchase […]
NorthBridge & EMC Canada team up for successful SR&ED review sessions
Earlier in June, NorthBridge paired up with Excellence in Manufacturing Consortium (EMC) Canada to host a series manufacturing seminar in Atlantic Canada. The information sessions focused on how to best prepare for a SR&ED review and create a “culture of SR&ED” within your company to maximize success with the program. EMC also posted an account […]