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THQ Montréal Studio Planned

THQ announces plans to open a studio in Montréal, revealing plans to take advantage of local development talent as well as tax breaks. Here's a bit:

“The company that we are welcoming today will be able to capitalize on Québec’s many advantages, including its creative and highly skilled workforce. In addition, THQ will be able to benefit from Montréal’s cultural diversity to translate and adapt titles into several languages for worldwide distribution,” stated Minister Gignac.

THQ’s Montréal studio will be phased in gradually, employing approximately 60 people in the first year and up to 400 people within five years. This approach is in keeping with the current labour equilibrium in effect among major industry players based in Québec and allows for harmonious growth as new graduates are hired over time.

The Québec government has put in place a number of progressive measures to support the growth of the multimedia industry, a sector that holds great promise for our economy. THQ can benefit from these measures and is eligible for the Multimedia Title Tax Credit.

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