A list of new incentives for videogame developers established in the province of Ontario have been revealed by the Ontario Media Development Corporation. These new measures, thanks to the new provincial budget in place since last Thursday, would give considerable tax breaks to companies in the videogame business. Here’s some key points: * 40 per cent (up from 30 per cent) for qualifying corporations, regardless of size, that develop and market their own eligible products. * 35 per cent (up from 25 per cent) for qualifying corporations that develop eligible products under a fee-for-service arrangement. * To expand the OIDMTC, to allow corporations to claim 100 per cent of the amount paid to eligible arm’s-length contractors that is attributable to the salaries and wages of the contractor’s employees. * To extend the OIDMTC to digital media game developers that incur a minimum CAD 1 million (USD 799,000) of eligible labour expenditures over a 36-month period for fee-for-service work done in Ontario in respect of an eligible product. Corporations that meet the minimum expenditure test would not be required to be at arm’s-length with the purchaser corporation, or to develop all, or substantially all, of the eligible product. Tiga’s CEO Richard Wilson has already responded to this announcement asking the UK government to do something. "This demonstrates once again that other governments take their videogames industries seriously and back them with significant financial support," he told GamesIndustry.biz. "If the UK Government wants to maintain its position as a major developer of videogames then Alistair Darling, the Chancellor of the Exchequer, must end the present policy of prevarication and announce a tax breaks for games production in his Budget on April 22nd. The UK videogames industry needs action and it needs it now." After seeing Quebec and British Columbia emerging as top players in the North American gaming industry, the province of Ontario now wants to be recognized too. Digital Extremes and Silicon Knights are both based in Ontario. Visit the OMDC official site for more infos.