Not Everyone thinks Ubisoft’s New Studio is a Good Thing July 12, 2009
Posted by annson in Games, Technology.Tags: Globe and Mail, Toronto, Ubisoft
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Did anyone hear about Ubisoft starting up a new studio in Toronto, Canada? Unfortunely, not everyone thinks that Ubisoft bringing 800 new jobs to Toronto is a good thing.
According to Marcus Gee from Toronto’s Globe and Mail, he thinks that the Canadian government is wasting money on “attracting” gaming companies over to Canada.
That quarter-billion has to come from somewhere, much of it from good Toronto businesses that don’t have the buzz factor to attract an open-collared premier. Their tax burden will rise, and their business will suffer, while the cool kids in the video-game industry collect government cheques.
But nobody’s getting any government cheques here. Ubisoft’s getting $263 million in non-refundable tax credits over ten years, so they’re not receiving any money, they’re just paying less.
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It would be wonderful if Ubosift was going to have a studio in Toronto ON, however there would be tons of jobs needed to be filled, and I’m not sure how well people would succeed.
Ubisoft Montreal is the best game developers in the world so Ubisoft Toronto would just follow in their footsteps.. Why not?