This article is part of our Canada Region Report, published in association with Xsolla, coming soon. Learn more about the country's games industry at PGC Summit Montréal on November 10th.

Canada has established itself as one of the world’s leading game development hubs, supported by international investment, experienced developers and a strong network of studios.

However, the industry is also facing a period of adjustment. Layoffs, rising costs and greater competition have put pressure on businesses worldwide, including those in Canada. So questions remain about how the country can turn its development expertise into more internationally successful companies of its own. 

For Ludia CEO Jimmy Gendron, the country's games industry is “resilient, but at an inflection point".

"Foreign-owned companies employ a majority of the workforce," he says. "Canada is a world-class place to make games, but still too rarely a place where the companies that own the games are headquartered."

Hyper Hippo Entertainment chief business officer Jennifer Kilback similarly believes the country has the foundations for future growth, despite the challenges facing developers. 

"There's still a lot to be optimistic about, with a strong talent pool and government programs that help support innovation and investment," she says.

"I see this as a period of evolution, with significant opportunities for studios that combine creativity and innovation with strong business foundations."

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