SPI to Vancouver
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Sony Pictures Imageworks (SPI) is the next large company to move to Vancouver. According to the company, there are a number of reasons for moving their corporate headquarter with 740 employees to a 74 000 square foot location in central Vancouver. Vancouver has gathered quite a reputation as a creative hub for video gaming and TV animation, while also working in the same time zone as Los Angeles, allowing for further streamlining and efficiency.
“We’re starting to see over time [a strong cluster] helps to build up the quality of the talent base”, said Randy Lake, SPI’s executive vice president and general manager. “When there is more talent in the market and more projects being done in Vancouver, it really develops the level of experience that we expect and demand for the high-quality work that we deliver.”
But tax incentives also play a part in encouraging companies to move here, according to SPI. “Between the federal and provincial governments, the incentives in place have been a significant boon to the industry and a significant driver for why this growth is happening in Vancouver.”