La guilde publishes its study on the impact of changes to the ctmm tax credit on quebec’s video game industry
La Guilde is releasing an impact study conducted by PwC Canada on the potential effects of changes to the multimedia tax credit on the video game industry.
The study presents the impacts of this measure on our entire ecosystem by company type, including :
– Significant impact on start-up and growing SMEs, as well as on support and service companies
– Direct impact on the hiring of the next generation
– Significant impact on Quebec’s international competitiveness and attractiveness
“The changes to the MMTC proposed in the last provincial budget would be ‘a major brake on the development’ of industry activities in the province, and particularly on small and medium-sized businesses. Rather than promoting entrepreneurship and contributing to Quebec’s reputation, these measures are directly detrimental to Quebec companies and foreign investment in the province” – Our General Manager Jean-Jacques Hermans in an interview with Le Devoir.