Digital Alberta just shared a perspective on ESAC’s 2021 report on the video game industry in Canada. The report is a comprehensive view of the $5.5 billion industry that has over $2 billion spent on direct labour income. It is an exciting time to be part of the video games industry and Alberta could be a major contributor. “In terms of GDP, the industry contributed a total of $5.5 billion to Canada’s economy in 2021, representing a 23% growth in GDP contribution since 2019. Of that $5.5 billion, the industry directly contributed an estimated $3.2 billion, and a further $1.2 billion through indirect and induced impacts.”
“The fact of the matter is that Alberta is losing to the rest of Canada, but the province is in a prime position to seize the opportunity of the booming video game sector,” said Scott Nye, President of Digital Alberta. “As part of the broader economic recovery and strategy to keep jobs in Alberta, we are encouraging government to explore proven competitive incentives that are found in other thriving jurisdictions.”
Calgary Herald’s Bill Kaufmann elaborates on the current state of the industry in Alberta and the opportunities we could be taking to help this sector grow. https://calgaryherald.com/news/local-news/alberta-losing-out-on-investment-in-the-video-game-industry-says-tech-sector
You can view the report here: https://canadasvideogameindustry.ca/