Logistics | January 01, 0001

Not Everyone Thrilled by Ubisoft Toronto Deal

News of a $260 million incentive package to bring a new Ubisoft studio

– and 800 jobs – to Toronto has not received universal applause. One columnist depicts studios as faithless corporate welfare Yono all app recipients. Writing for Toronto’s Globe & Mail on Saturday, Marcus Gee rips Ontario’s government as trying to be more hip than responsible, facing down an $18.5 billion deficit. Toronto’s subsidy to Ubi may be meant to consolidate the area’s position as “the third largest television, film and digital-media Yono all app

cluster in North America,” he says, but the studio already turns a $111 million profit. And they’re getting a hand up at the expense of Ontario’s dowdier, longer-tenured corporate citizens.(new Image()).src = 'https://capi.connatix.com/tr/si?token=995c4c7d-194f-4077-b0a0-7ad466eb737c&cid=872d12ce-453b-4870-845f-955919887e1b'; cnx.cmd.push(function() { cnx({ playerId: "995c4c7d-194f-4077-b0a0-7ad466eb737c" }).render("79703296e5134c75a2db6e1b64762017"); Yono all app }); That quarter-billion has to come from somewhere, much of it from good Toronto businesses that don’t have the buzz factor to attract an open-collared premier. Their tax burden will rise, and their business will suffer, while the cool kids in the video-game industry collect government cheques. Gee says developers Yono all app are notoriously “a footloose bunch,” and nothing prevents them from bolting for a better deal should tax or currency conditions change. Then again, Ubisoft has two other studios and 2,000 employees in Canada. I’d say they’ve shown a strong commitment to the country. On some level, jobs are jobs, and criticizing (sigh, criticising) a deal bringing in 800 jobs just because they’re video game jobs is Yono all app

a smidge unfair. Not every industry that makes up a regional economy is of the indispensable manufacturing variety. That said, another columnist pointed out that the incentives offered Ubisoft translate to $329,000 per job. That’s a tough call in tight times. McGuinty’s Playing with the Cool Kids [Toronto Globe and Mail, via GamePolitics]

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Not Everyone Thrilled by Ubisoft Toronto Deal

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