Incentives

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

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