Ontario Budget 2018 Highlights
The Ontario 2018 Budget, tabled on March 28, 2018, projects a growing deficit over the next three years and is predicted to resume a downward trend in 2022 with accumulated deficit expected to decline from 23.2% of gross domestic product (GDP) in 2017-18 to 22.1% by 2022. The Ontario Budget proposes several measures and investments […]
Canada Media Fund Experimental Stream Applications Due
The final 2015-2016 intake for the Canada Media Fund’s Experimental Stream (Production) will be closing on September 22, 2015, while the Development and Marketing & Promotion segments will be closing on October 6, 2015. The Experimental Stream of the Canada Media Fund (CMF) is designed to support Canadian interactive digital media content, including application software, […]
Digifest 2015- Canada’s Digital Festival
Digifest, Canada’s premier digital festival, will take place from May 7th to May 9th 2015 at the Corus Quay building in Toronto, Ontario. This event showcases digital media, art, and technology content, with everyone from architects to app developers to entrepreneurs coming together to share their works and experiences within the digital media industry. Digifest […]
The 2015 Ontario Provincial Budget: Digital Media Review
In the 2015 Ontario Budget, published by the Ministry of Finance, the Government of Ontario announced a review of the Ontario Interactive Digital Medial Tax Credit program (OIDMTC). As a result of this review, the government has re-stated and re-emphasized the program to focus on interactive entertainment products, and on educational products for children under the […]
NorthBridge Spring 2015 Newsletter
NorthBridge Consultants’ Spring 2015 Newsletter is out! Topics covered include: Funding Solutions for Digital Revolutions Kitchener-Waterloo, Ontario British Columbia Interactive Digital Media Tax Credit The Future Belongs to the Bold: Client Spotlight SR&ED in the Software Industry Funding Creation of Canadian Content Gerry Fung: Employee Spotlight
BCIDMTC and SR&ED Tax Credits
The Scientific Research and Experimental Development (SR&ED) tax credit offers assistance to digital media companies who are engaging in experimental development and, through this work, overcoming technological obstacles. By contrast, the Interactive Digital Media Tax Credit (IDMTC) provides funding for the production and development of interactive digital media which will be released on the public […]
Linking SR&ED to OIDMTC Tax Credits
The Scientific Research and Experimental Development (SR&ED) tax credit provides support for digital media companies that are investing in innovative technologies and experimental development projects. Eligible companies can receive support for labour, materials, overhead, and subcontract costs related to scientific research or experimentation development. The SR&ED tax credit works seamlessly with other programs including the […]
OIDMTC Supports Development of Digital Media in Ontario
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that supports the development of interactive digital media in Ontario. Eligible projects must be interactive digital media that includes content designed to educate, inform, or entertain that incorporates at least two of the following: text, images, or sound. The tax credit funds […]