Canada's largest chemical manufacturing sector
Canada’s top tourism market: 55% of all international visitors.
Ontario is a global R&D leader in water technologies.
Highest educational attainment in the OECD.
Among the lowest costs in the G7.
Generous incentives for R&D.
Part of the $20-trillion NAFTA market.
Top ranked on global indices.
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Operate among innovation leaders engaged in every kind of life sciences activity. Ontario's broad and innovative life sciences sector includes about 1,900 firms.
Ontario ranks sixth in North America by the number of life sciences establishments and by employment. We are home to a remarkable cluster of top-ranked institutions, researchers, developers and manufacturers.
Multinational companies include:
Johnson and Johnson,
Homegrown companies include:
Telesta Therapeutics (formerly Bioniche),
Biovail (now Valeant),
Connaught Laboratories (now Sanofi Pasteur),
Novopharm (now Teva),
The world's largest producer of human vaccines discovered the ideal environment for innovation in Ontario. Innovation is the lifeblood of life sciences organizations. But taking great ideas from bench to market requires the right talent, support from private and public partners, and a competitive intellectual property regime.
There is a growing life sciences cluster here, in Ontario, and it's developing rapidly. I like to refer to it as an ecosystem. There are large companies like ourselves, universities and research institutions, skilled labour, small companies - all of this coming together.
- Mark Lievonen, Canada Country Chair, General Manager, Sanofi Pasteur
You need a dependable source of highly skilled innovation talent to grow and compete. We have the talent you need.
Exceptional talent drives success in the highly competitive life sciences market, but it's not always easy to find the scientific and business talent you need to innovate, commercialize and succeed on a global scale. Hoffman-La Roche kept this in mind as it was choosing a site for a global pharmaceutical development centre. In addition to a talent pool of over 61,500 life sciences workers, Ontario boasts a high concentration of business specialists with over 43,000 students graduated from business related programs in 2013.
Two of the top 10 international business schools are in Ontario.
I think the biggest asset Ontario provides to companies like us is its deep talent pool. We have been very impressed with the quality of the people we have hired locally for the site and I think this reflects the fact that the province does wonderful research. It produces great scientists, and sometimes you need to look locally before you look globally
- Ronnie Miller, President & CEO, Roche Canada
Four of the top ten Canadian research hospitals can be found in Ontario, attracting over $2.6 billion in sponsored research income.
Ontario is a place where today's innovative ideas are fast becoming tomorrow's world-renowned scientific, medical and technological breakthroughs, with the potential to improve millions of lives globally.
Ontario has pockets of excellence in science originating from academic institutions in areas such as
Ontario's R&D tax credits are the most generous among the OECD countries. Combined with federal R&D programs, Ontario's R&D Tax Program can reduce your after-tax cost of every $100 in R&D spending to between $61 and $37.
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®]
Canada offers a lower business cost environment for life sciences companies than the U.S., Germany, Italy, Australia or Japan, according to KPMG's Competitive Alternatives 2016.
With a total combined provincial and federal (15%) corporate income tax rate of 26.5%, Ontario's combined general federal-provincial CIT rate is lower than the average of G20 countries and lower than the average federal-state CIT rate in the United States.
Our life sciences industry is diversified and clustered throughout the province. Use the map to explore clusters and locations of companies focused on advanced health technologies, pharmaceuticals, biotech and medical devices.
Thrive in a region that's home to everything from promising start-ups to midsize innovators and mature companies.
About 1,900 life sciences firms operate in Ontario, from start-ups with just a handful of employees to well-established companies with thousands. Here are some examples:
Figure 1 is empowering healthcare professionals to connect, cooperate and collaborate via social media
Ontario a major presence at the 2016 BIO International Convention
Teva Canada leads in pharmaceutical innovation from its facilities in Ontario
Tool to diagnose mental health disorders faced by children and adolescents a true 'game-changer'
2016 BIO International Convention | Directory of Ontario Exhibitors
Health and fitness wearables cluster developing north of the border
William Charnetski, Ontario's Chief Health Innovation Strategist
Dr. Graham Collingridge, 2016 recipient of the Brain Prize
Robotics move from space to the operating room
Government support update: Ontario Partners with Baylis Medical to enter key international markets
Baylis Medical Company: A Mississauga company emerges to become a global leader in innovative medical devices
Ontario's enduring legacy in medical science
University of Toronto Neuroscientist receives world's most coveted award for brain research
Innovative cancer research and therapies present commercialization opportunities
New centre, investment bolsters Ontario's strength in stem cell technologies and regenerative medicine
Ontario is shaping up to become the world's health and fitness wearables technology capital
ORION is helping big thinkers in Ontario utilize big data and analytics
Mission to MaRS update: Meeting the Johnson & Johnson innovation team
IBM and SOSCIP developing 'made in Canada' disruptive technologies
JLABS lands on MaRS. Discovers unique innovation landscape.
Nanotechnology research at the University of Waterloo offers breakthroughs in medical imaging and disease treatment
Why would a multinational medical technology leader choose to manufacture its flagship product in Ontario, Canada?
Intellijoint launches sophisticated orthopaedic surgery tool
Researchers and investors targeting next breakthrough in stem cell therapy
Synaptive Medical is revolutionizing neurosurgical technology
Fraunhofer partners with Ontario – tapping into an expanding $10 billion market
Testimonial: Sanofi Pasteur - Mark Lievonen
Life Sciences in Ontario: You need to be here. Stat.
Putting groundbreaking ideas into action: How Ontario's support for commercialization is accelerating infectious disease diagnoses
A step ahead: How Ontario's supportive environment for pharmaceutical manufacturing is giving Pillar5 Pharma the leading edge
The Sciences of Life: Biotechnology in Ontario
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