Key announcements impacting the Ontario techno-creative sector in the 2024 Ontario Budget delivered by Minister Peter Bethlenfalvy on March 26:

  • Additional $100M for the Invest Ontario Fund, which could trigger Foreign Direct Investment (FDI) opportunities in the Ontario video game sector.
  • Continued work on modernizing cultural tax credits with the resolution of the major tethering issue in the Animation/VFX sector.
  • Continued support to the deployment of high-speed internet throughout the province, important to remote techno-creative workers.
  • Additional $100M for the Skills Development Fund, critical to labour development.
  • $100M funding to support post-secondary STEM program costs, developing more techno-creative talent in Ontario.

Onwards we go!
Interactive Ontario