Serious play: Video game industry in Canada hot despite dismal economy

Despite a slumping economy and some high-profile layoffs, the Canadian video-game industry is still raking in more cash than portly plumber Mario in a coin-filled treasure chamber.

A study released today by the Entertainment Software Association of Canada says Canadian game development companies generate an estimated $1.7 billion in annual revenue, employing more than 14,000 people across 247 firms.

The study presents a snapshot of the video-game industry in Canada as a whole and may give provincial governments insight into how they can foster the growth of a lucrative but overlooked arm of the entertainment business, Entertainment Software Association of Canada executive director Danielle Parr said.

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