Incentives Programs

Research and Development Incentives

• The range of eligible expenses in Canada is more extensive than in the U.S., including 100% of R&D expenses, carry-forward amounts, bonusing for incremental R&D, and cash refunds, in some cases
• Canada has a broader definition of what qualifies for R&D tax credits compared to the U.S.
• There's flexibility in structuring investments, including long-term blended and capital blended arrangements

• Scientific Research & Experimental Development (SR&ED) Tax Incentive Program
  • Offers 25-35% refundable/non-refundable research and development tax incentives, supporting technological advancement, uncertainty and content
  • Provides $2 billion in tax credits to more than 18,000 claimants per year
  • A program of the Canada Revenue Agency
• Ontario New Technology Tax Incentive (ONTTI)
• Ontario Innovation Tax Credit (OITC)
• Canada Foundation for Innovation
• Industrial Research Assistance Program (IRAP)
• IRAP-TPC Pre-Commercialization Assistance to SMEs
• Ontario Commercialization Investment Funds Program
• Ontario Business - Research Institute Tax Credit (OBRITC)
• Ontario Research Employee Stock Option Credit
• Ontario Research Fund (ORF)
• Ontario Research Oriented Investment Fund Program
• Ontario Retail Sales Tax Exemption on R&D and Manufacturing Equipment

• Ontario's New Auto Incentive Strategy (OAIS)

• Agricultural Adaptation Council
• Canadian Institute of Health Research (CIHR)

• Ontario Interactive Digital Media Tax Credit (OIDMTC)
• Film Advisory Services
• Ontario Computer Animation and Special Effects Tax Credit (OCASE)
• Ontario Book Publishing Tax Credit (OBPTC)
• Ontario Production Services Tax Credit (OPSTC)

• Ontario Co-Operative Education Tax Credit (CETC)
• Ontario Apprenticeship Training Tax Credit (OATTC)
• Career Focus Program - Wage Subsidy
• Ontario Targeted Wage Subsidy Program
• CON*NECT - The Colleges of Ontario Network for Education & Training
• Ontario Job Connect
• Ontario Summer Jobs Service

• Brownfields Financial Tax Incentive Program
• City of Cambridge Financial Incentives
  • Fee Exemption Programs
  • Loan and Grand Programs
  • City Wide Incentives
• City of Kitchener Downtown Incentive Programs

• Rural Economic Development (RED) Program

• Waterloo Region Small Business Centre (SBC)
• Business Development Bank of Canada - Services Overview
• Business Development Bank of Canada - Innovation Financing
• Financial Institutions - Capital Tax Credit
• Canada Small Business Financing Program (CSBF)
• Canadian Youth Business Foundation Start-Up Financing Program
• Capital Leasing Pilot Project
• Ontario Employer Health Tax Exemption
• The Canadian Commercial Corporation (CCC)