A Great Place to Invest
For investors, the Toronto region possesses an established Human Health & Sciences ecosystem that is ripe for building a diverse health investment portfolio at attractive valuations. It offers the perfect mix of science, business and lifestyle all located within the only growing metro region in North America.
The Toronto region offers an ideal business location due to its lower cost of doing business compared to many other major North American cities of similar size. According to KPMG’s Competitive Alternatives 2014 Special Report: Focus on Tax, Toronto is the most tax competitive major international city in the world, ranking first overall of 51 cities studied on the total tax index across all operations and sectors. Its research and development costs are also far lower, as are its corporate and digital services costs than in these other cities.
Low Business Location Costs
Source: Competitive Alternatives, KPMG’s Guide to International Business Location Costs – 2014 Edition
The Ontario Provincial Government and Canadian Federal Government offer a number of tax incentives to encourage new business investment in the Toronto region. Canada offers the most generous R&D tax credits in the G7, resulting in the lowest costs in R&D-intensive sectors.
- Canadian Federal Government Tax Incentive Program – The Scientific Research and Experimental Development Tax Incentive Program (SR&ED) provides investment tax credits to individuals or corporations that conduct research and development in Canada
- Provincial tax credits are also available including the Ontario Tax Exemption for Commercialization (OTEC) and the Ontario Research Fund (ORF)
Advanced Business Environment
The Toronto region offers a convergence of leading-edge medical research with international business expertise and advanced manufacturing capabilities. Learn more about the region’s advanced business environment.
Learn why the Toronto region is also a great place to live.