Cable & Telecom

Interactive Ontario praises provincial budget for supporting IDM industry

TORONTO – Interactive Ontario (IO) is applauding the Ontario government for continuing to recognize the importance of the province’s interactive digital media (IDM) sector.Responding to the provincial budget, IO said that it supports the government’s changes to the tax credit policies for Ontario’s creative industries that renews and increases the Interactive Digital Media Fund plus revises the eligibility for the Ontario Interactive Digital Media Tax Credit (OIDMTC)."Ontario’s interactive digital media (IDM) sector has grown from a handful of companies, to an industry that now employs over 17000 FTEs, generates over $1 billion for the economy, and has made the province a...