The Toronto Region also is a global leader in competitive research and development. Canada offers some of the most generous R&D tax incentives of any industrialized country, and corporate income and capital taxes are lower than in the US. Overall, the Toronto Region's cost advantage relative to the US is significant.
2. Robert Schad, Founder, Director
and Senior Advisor, Husky
Relative Generosity of R&D Tax Incentives
2009 Rank
1 Tokyo
3 Moscow
5 Hong Kong
France 123.9
“Ontario gives us access to
8 New York
Canada 100.0
highly skilled engineers and
10 Singapore
some of the most attractive
Japan 85.9
12 Shanghai
R&D incentives anywhere.”
United Kingdom 84
13 Paris
United States 80.6
16 London
Italy 77
47 Munich
66 Mumbai
Germany 76.1
85 Toronto
Source: Think CANADA 2010
Grants and loans
GENEROUS R&D TAX CREDITS LOW COST OF LIVING
Source: Mercer Cost of Living Survey 2009
• Ontario Centres of Excellence
• Ontario Advanced Manufacturing Investment Strategy • Regional Innovation Networks
(AMIS) • Industry liaison initiatives from regional Universities,
• Ontario Market Readiness Program Colleges, Hospitals and Institutes of Technology
• Federal Industrial Research Assistance Program (IRAP)
• Federal Sustainable Development Technology Canada
• Federal Technology Partnerships Canada
ADDITIONAL SUPPORT OTHER SUPPORT
Contact the Toronto Region Research Alliance at 416-673-6670 or visit www.trra.ca