Premier Danielle Smith issued a mandate letter to Technology and Innovation Minister Nate Glubish calling on him to develop a tax credit proposal for the video game and digital media industry to make Alberta competitive with Ontario, B.C. and Quebec.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Lohaus and Vieko Franetovic together created the first gaming app out of Calgary for the platform Steam in 2012 called Krunch. Calgary’s tech sector has garnered record venture capital investment over the past five years, and is on pace to topple 2021’s high-water mark of $495 million.in the video game development industry by B.C., Ontario and Quebec.
“The digital media and entertainment sector grew in other provinces while Alberta missed out on investment, and activity in the sector slowed down,” said Deron Bilous, NDP economic development and innovation critic. “Alberta has now lost three years to our competitors in a quickly evolving industry.”