Cost Competitiveness
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Research and Technology Commercialization are supportedby significant Financial Incentives

 

  • A company spending $100 on R&D can earn a tax credit that can reduce costs to $35.45
  • Ontario, in partnership with the Government of Canada, offers a world-leading tax credit system for research and development
  • Companies receive 100% deduction of qualifying R&D expenditures plus a 20% investment tax credit on those expenditures to apply against income
  • A ”superallowance” offers an additional 25 to 52.5% on taxable income

 

Toronto Offers a Very Cost Competitive Environment for Research and Investment