A $5.3 billion industry.
Canada's largest centre of life sciences activity.
Canada’s top tourism market: 55% of all international visitors.
Ontario is a global R&D leader in water technologies.
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Highest educational attainment in the OECD.
Among the lowest costs in the G7.
Generous incentives for R&D.
Part of the $19-trillion NAFTA market.
Top ranked on global indices.
Discover the people, geography, and economy.
Find answers to some of the most frequently asked questions.
Explore sites and locations for your business in Ontario.
Discover which programs and incentives can help your business grow.
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Read studies about companies leveraging Ontario’s advantages.
Watch videos that show how companies across industries thrive here.
Are you looking for a highly educated and talented workforce? Lower labour costs? A broad ecosystem for innovation and R&D? You'll find them all here in Ontario.
World leaders in big data and cloud computing, data centres, microelectronics, digital media, security encryption, mobile gaming, mobile payments, wireless, telecom and networks and seven of the ten largest tech companies in the world conduct R&D in Ontario.
IT companies doing business here include:
Alcatel-Lucent, Agfa Graphics, AMD, Avaya, Bell, bitHeads, BlackBerry, Blammo Games, Celestica, Christie Digital, CGI, COMDEV, DragonWave, Ciena, Cisco, Cogeco, Crosscliq, Brightspace (Desire2Learn), Dell, Digital Extremes, Don River, Ericsson, Facebook, G4S, Gameloft, Gemalto, Giesecke & Devrient, Google, Huawei, HP, IBM, IMAX, Intel, Intelligent Mechatronic Systems, Interac, Microsoft, MIS Electronics, Mitel, Nokia, OpenText, Oracle, Parametric, Siemens, QA Consultants, QNX, Redknee, Rockstar, Rogers, Ross Video, Sandvine, SAP, SAS, SecureKey, Shopify, SMTC, Square, Teledyne DALSA, Telesat, TELUS, Transgaming, Twitter, Ubisoft, ViXS, Xerox, XMG Studio, Wipro, WipWare and Zycom.
We're a magnet for leading IT corporations because of the quality and size of our workforce.
A lot of industry leaders have experienced our business advantages firsthand. Find out what they've said about running their businesses in Ontario.
Chipworks are tech wizards who can take apart a smartphone and discover precisely whose patents are buried in the chipsets. It's called reverse engineering, and they are one of the most respected names in the business.
"Ninety-seven per cent of our business comes from exports," says Chipworks' Founder and CEO Terry Ludlow. "We're not here because our customers are here. We're here because it's a pretty good place to build a business."
OnX Enterprise Solutions provides business with the latest in cloud applications.
"Clients look to us for skill sets to augment and leverage their in-house capacity," says Paul Khawaja, president of OnX Canada. "Frankly, Ontario is loaded with talent. The expertise and diversity available here has enabled us to expand both organically and through strategic acquisitions."
This market leader in Enterprise Information Management software and Canada's largest software company will carry out its key R&D work on cloud computing in Ontario by investing up to $2 billion in its Ontario operations, supported by a provincial grant of up to $120 million.
Mark Barrenechea, OpenText President and CEO, says, "We are an Ontario-grown global company and we chose to invest here because of the highly educated workforce, our strong university partnerships in R&D, as well as the province's robust and innovative start-up communities."
SAS Institute is a world leader in data mining and analytics. "Ontario is the business hub of Canada," says Carl Farrell, president of SAS Canada. "If you're planning to do business in Canada, Ontario is the logical place to start."
SAS Canada has had great success collaborating with our post-secondary schools to create curricula that address the needs of the IT industry and ensure students are well trained to work in IT, says Mr. Farrell.
Like other leading IT companies that have operations in the province, IBM was drawn to Ontario for a host of reasons, not least of which is our robust and open R&D environment, generous R&D tax incentives, low business taxes and a quality of life that attracts and keeps top global talent.
At the IBM centre in Ontario, researchers at the universities of Toronto, Western Ontario, McMaster, Queen's, Ottawa, Waterloo and the Ontario Institute of Technology will focus on four specific areas: health care, water conservation and management, energy use and aging urban infrastructure.
Why did IBM choose Ontario for this one-of-a-kind cutting-edge research and development centre? "To start with, these are areas of great research strength in Ontario. That was key to our decision," says Pat Horgan, vice president of manufacturing, development and operations for IBM Canada and one of the driving forces behind the $210 million project in which IBM is investing $175 million. The Government of Ontario is contributing $15 million and the Government of Canada $20 million.
One of the great advantages of doing IT in Ontario is access to some of the top researchers and institutes, who work collaboratively with businesses on innovative solutions.
Major corporations such as Cisco, IBM and Xerox have set up major research centres here.
The following chart lists just some examples of Ontario's world-renowned research institutes that work with business to discover solutions to today's challenges.
Ontario's IT industry is mainly clustered in three main centres: Ottawa, Toronto and Waterloo.
Recruiting top-notch talent is only part of the challenge. Retaining mobile, in-demand talent is just as vital. That's where our high quality of life can help you grow.
In all three IT hubs, Ottawa, the Greater Toronto Area and Waterloo – and throughout Ontario – you'll find the kind of environment that's critical to attracting and retaining talent: great schools, affordable housing, organized sports, museums, music of all kinds, excellent hospitals and a diversity of cultures that makes everyone feel at home.
We're committed to driving the leading edge of IT, and we provide companies with powerful financial incentives that can cut costs dramatically.
We offer some of the most generous innovation incentives in the world, working to reduce your after-tax cost of every $100 spent in R&D to between $61 and $37.
It's not surprising that KPMG's Competitive Alternatives 2014 ranked Canada ahead of most major industrialized countries in a comparison of R&D costs, citing a Canadian cost advantage of close to 15.8% over the U.S.
Our R&D tax incentive program is available to qualified businesses of any size and applies to a range of eligible costs that is broader than in the U.S. and many other countries. There is no cap on the program and tax credits can be carried back for three years or forward for 20 years.
Select the best description of your operation to see possible after-tax savings you could achieve in on your R&D expenditures in Ontario.
Small and medium-sized manufacturers
Small and medium-sized non-manufacturers
Small Canadian-controlled private corporations
Public, private or foreign-owned
* The information provided here presents a potential after-tax cost based on assumptions regarding R&D expenditures, tax incentives and tax rates that may not apply to your business. This information does not constitute tax advice. Please consult your tax advisor to determine the after-tax cost of R&D expenditures for your business.
Download PDF of Ontario's R&D Tax Program (PDF - 1.57 MB) [requires Adobe Acrobat Reader®]
You can also leverage incentive programs and services to help you lower the costs of training your employees. Programs include:
Learn more about Ontario's incentive programs and services. Contact us to find out which programs best meet your business needs.
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