Interactive Ontario’s Recent Wins

  • Receiving clarification from the Ontario Government on the eligibility of remote work under the OIDMTC in the 2022 Ontario Budget
  • Announcing a Benchmarking Study on Ontario’s Creative Technology Labour Market
  • Lowering the labour threshold for annual filing to the Ontario Interactive Digital Media Tax Credit (OIDMTC) from $1M to $500K.
  • Reducing the OIDMTC queue — now at about 20 weeks — and accelerating processing time.
  • Getting a commitment from the Ontario government to keep the OIDMTC stable.
  • Getting a commitment from the Ontario government – 2021 Fall Economic Statement – that they will continue to work with us to attract more investment and create jobs in Ontario.
  • Providing recommendations contributing to improvements of the Ontario Creates Interactive Digital Media Fund (IDM Fund) and the Canada Media Fund (CMF) programs.
  • Instigating the creation of the Phase 2 CMF COVID-19 Emergency Support Fund for the IDM industry.
  • Significantly raising awareness of our industry at all levels of governments, and now also in the general public and media with The Lodgge (www.thelodgge.com).

Ontario Releases Update on Fall Budget – OIDMTC

November 17th, 2020|

The provincial government released its Fall budget on November 5, 2020. As expected, it was mainly focused on protecting and supporting people and businesses during the pandemic. Therefore, the tax credits for the creative industries were amended to mitigate the impact of [...]

The OIDMTC and Other Tax Credits Remains Stable

November 4th, 2020|Tags: |

Interactive Ontario recently attended Minister MacLeod’s speech at the Empire Club of Canada where she unveiled the foundations for her long-term strategies for Heritage, Sport, Tourism, and Culture industries. We are pleased to announce that the Interactive Digital Media (IDM) industry [...]

Impact of the Pandemic on SMEs & Potential Solutions – IO’s Appears Before the Standing Committee on Finance and Economic Affairs (SCFEA)

September 1st, 2020|Tags: , |

Interactive Ontario recently appeared before the Standing Committee on Finance and Economic Affairs (SCFEA) alongside Mary Sorrenti (Game Pill & VRGEN), Vikas Gupta (AVARA Media), Joel Burgess (Capybara), and Jonathan Stanton-Humphreys (Hitgrab Game Labs). Previously IO appeared before SCFEA [...]

CRA Updates for the OIDMTC

July 23rd, 2020|Tags: , |

The Canada Revenue Agency (CRA) has put into place measures to help businesses that are experiencing financial difficulties due the COVID-19 crisis. For measures regarding OIDMTC processing claims and audits, check out the information below. Pre-COVID: The Process: T2 received [...]

The Modernization of OIDMTC

July 23rd, 2020|Tags: |

Interactive Ontario continues to focus our advocacy efforts--at the provincial level--on improving the OIDMTC so we can recover, grow and compete with other jurisdictions. The OIDMTC is a key instrument in the economic recovery and growth of the Ontario [...]

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