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Ubisoft doubles down on Quebec operations with $370M investment
Ubisoft doubles down on Quebec operations with $370M investment
September 30, 2013 | By Kris Ligman




Assassin's Creed developer Ubisoft plans to prop up its Montreal and Quebec City studios with a $370 million investment over the next seven years, which is expected to generate around 500 new jobs in the province.

The investment is geared toward a consolidation of Ubisoft's online game infrastructure -- including increased community management presence, interactive marketing development and monetization specialists -- as well as expanding game development and production, namely through motion capture facilities. The company expects to employ about 3,500 people between its Montreal and Quebec locations by 2020.

"Today's announcement allows us to anticipate the growth of our future needs with the main objective of strengthening proximity with our players and creating value for them," Ubisoft CEO Yves Guillemot said in conjunction with the statement.

Ubisoft will also receive a $9.9 million investment from the Quebec government to bolster its operations, on top of adjustments to its tax credits.


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Comments


Kevin Chulski
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In other news, Ubisoft to receive $110 million in Canadian tax breaks...

Kaitlyn Kaid
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I can think of worse things to buy with tax dollars than new, full time jobs.

Kevin Chulski
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Ask Rhode Island about that one.

Scott Lavigne
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I'm pretty sure Ubisoft is a bit more proven than 38, but this isn't really relevant to the article.

Sean Sang
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You can't compare, Ubisoft has been doing business in the province for more than a decade. They are also the third biggest publisher and developer with established hit titles. Rhode Island just didn't do their due diligence.

Kujel s
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Hey Ubisoft what about some investment love for BC, we don't force you to listen to that gutter speak they call French in quebec.

Guillaume Couture
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I think it would be fair to distribute the money more equally between studios, however I don't think that insulting Quebec's language is a valid argument.

Sean Sang
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Wow Kujel that was quite the offensive comment. Besides the big tax breaks I think Ubisoft a French company appreciates doing business in a province that speaks their native language. Probably also helps that it's a shorter flight to Paris than BC is.

Kujel s
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Quebec french is like ramming rail road spikes in the ears of a french men. as for the tax breaks who cares that province has been a thorn in the arse of everyone around then for 150 years.

Antoine Ladouceur
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@Kujel Insulting Quebec's language is indeed not a valid argument. It's in fact a rather juvenile and totally unprofessional gesture.

Kujel s
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After quebec has siphoned off most of the resources from ottawa I and anyone else outside of quebec has good reason to critizie them. Quebec is a major factor in there being no games industry here in BC among other issues!!!

Rory McGuire
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Quebec has attracted major developers because of huge tax credits with no maximum credit (IE large projects are welcome.) Quebec's tax credits are actually amongst the best in the world for interactive entertainment. You're looking at almost a 40% reduction in costs plus the cost of living is a fraction of what it is in BC or most other metro areas in Canada or the US.

You're better off spending your energy writing your politicians for implementing similar incentives, companies aren't going to be walking away from an immediate 40% cost reduction on their titles any time soon.

http://www.gamesindustry.biz/articles/2013-05-22-gaming-tax-credi
ts-a-developers-guide-to-free-money


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