Canadian NDP Figure Blames Private Equity for BioWare Closure, Calls for Federal Buyback Help
Industry·October 27, 2026

A leader within Canada's New Democratic Party has blamed private equity for the closure of BioWare and urged the federal government to help the studio's former employees buy it back. The comments came shortly after Electronic Arts shut down the Edmonton-based developer last week, a decision that has left many in the Canadian games community reeling.
The argument follows a familiar line of criticism. Private equity owners, the politician suggested, tend to prioritize short-term returns, which leaves little room for the long, expensive development cycles that studios like BioWare depend on. Similar complaints about cost-cutting and project cancellations have grown louder across the industry in recent years, and the closure has given them fresh momentum.
BioWare has a long history in Canadian games. Founded in Edmonton in 1995, it built a catalogue that includes the Baldur's Gate, Knights of the Old Republic, Mass Effect and Dragon Age series. Its name carries weight with fans and developers alike, which is part of why the closure has drawn so much attention.
The proposal to help staff buy the studio back raises more questions than it answers. The source material does not say how much money would be needed, where it would come from, or whether Electronic Arts would be willing to sell. It also does not indicate whether the federal government has responded to the suggestion. Until those details emerge, the idea remains a call to action rather than a concrete plan.
Reporting based on an external source.