Wednesday, October 23, 2013

Game industry adds CA$2.3B to Canada's GDP - GameSpot

2231422 5947820281 ss 14

by Zorine Te

2352102 canada+kickstarter 96654 screen

A report released by the Entertainment Software Association of Canada (PDF) has revealed that Canada’s video game industry generated over CA$ 2.3 billion in gross domestic product (GDP) for the country’s economy in 2012.

Gross domestic product is a figure that represents the market value of all officially recognised final goods and services produced in a country within a certain time period. According to the report, the video game industry also generated a total of CA$ 1.7 billion in labour income for Canadian residents.

Prepared by Nordicity, the report outlines the size of Canada’s video game industry, and states that developers made up 97.4 percent of the revenue made by game firms. Approximately 2.5 percent was credited to game publishers, and 0.5 percent was attributed to “middleware development”.

The report indicates that “expenditures on video game development, which occur today, not only generate wages and GDP in the economy today, but also provide the foundation for higher economic growth in the future”.

Several game developers currently have studios in Canada, including BioWare, Electronic Arts, Ubisoft, and the newly formed Hinterland. Earlier this year, crowdfunding website Kickstarter begun accepting project submissions based in Canada.

Popular on GameSpot

2346473 gta111

New GTA Online title update out now

Latest update for multiplayer mode hits Xbox 360 and PS3; addresses vanishing vehicle bug; game now available via Games on Demand for $ 60.

2051175 677382 20130820 002

DICE considered delaying Battlefield 4 on Xbox One, PS4

Patrick Bach says people fail to grasp how difficult it can be to develop alongside new hardware; game won’t use Xbox One Cloud servers at launch.

2346842 realitycheck thumb1080 20131018

Reality Check – Do we need 60 FPS on PS4 and Xbox One?

Cam investigates frame rates and wonders if the next generation truly needs 60 fps.

2346668 7646227838 Xerne

Nintendo confirms save-breaking Pokemon X and Y bug, promises fix

Nintendo confirms save-breaking Pokemon X and Y bug, promises fix

2345032 ps477

PS4 costs $ 1,850 in Brazil

Next-generation console going for 3,999 Brazilian Real in South American country due to import fees and taxes.

2344316 8.1

Windows 8.1 now available

First major update to operating system adds boot-to-desktop option.

2331629 7339641953 yvelt

Users report save-corrupting bug in Pokemon X and Y

All copies of the game reported to be affected by bug that can corrupt save files.

2042076 706551 201306100406 003

GameStop Black Friday ad leaks

Battlefield 4 discounted to $ 30 on Friday only, while Call of Duty: Ghosts going for $ 50.

2346642 gsync

Nvidia G-Sync tech claims to remove screen tearing, lag, and stutter

G-Sync coming to monitors from Asus, Benq, Philips and ViewSonic; compatible with GTX 660 and up

2343475 trailer ryse storytrailer 20131016

Ryse: Son of Rome – Story Trailer

Take a deep look into the story of Ryse: Son of Rome.

p 89EKCgBk8MZdE

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...