R&D Tax Credits and Incentives by Provinces

Available Credit

15%

15%

15%

15%

8%

20%

3.5%

15%

10%<$1M

10% up to 400k

10% < 300k

20%

Available Credit<5M

25% up to 1.5M

reduce provincialcorporate rate to 6%

28%

14%

10% - 25%

varies

28%

24% of salaries <$83k per employee

Federal Scientific Research and Experimental Development Tax Incentive Program

Newfoundland and Labrador

Nova Scotia

New Brunswick

Ontario Innovation Tax Credit (OITC)

Ontario Business-Research Institute

Ontario Research and Development

Manitoba Research and Development

Saskatchewan Research and Development

Alberta Scientific Research and Experimental Development

British Columbia Scientific Research and Experimental Development

Yukon Research and Development

Alberta Capital Investment Tax Credit (CITC)

Nova Scotia Innovation Rebate Program

Saskatchewan Commercial Innovation Incentive (Patent Box)

Québec tax credit for private partnership pre-competitive research

Québec tax credit for development of e-business

Québec tax credit for academic research or research conducted by a public research centre orresearch consortium

Québec tax credit for contributions to a research consortium

Québec R&D salaries

Prince Edward Island

Federal and Provincial/Territorial Corporate Tax Rates 2018

Provinces Provincial Only With Federal Provincial Only With Federal Provincial Only With FederalSmall Business Income up to $500,000 Active Business Income Over $500, 000 Investment Income

BC

AB

SK

MBONQC

NB

NSPE

NLTerritories

YT

NT

2%2%

2%

0*3.5%8%

2.5%3%4.5%3%

2%4%4%

12%12%

2%

10%13.5%18%

12.5%13%14.5%13%

12%14%14%

12%12%

2%

12%11.5%11.7%

14%16%16%15%

12%11.5%1%

27%27%

17%

27%26.5%26.7%

29%31%31%30%

27%26.5%27%

12%12%

12%

12%11.5%11.7%

14%16%16%15%

12%11.5%12%

50.7%50.7%50.7%50.7%50.2%50.4%

52.7%54.7%54.7%53.7%

50.7%50.2%50.7%NU

*Manitoba’s threshold is $450,000

Questions? The Trade Commissioner Service (TCS) Can Help!The TCS’s mandate consists in helping facilitate Canadian exports and encouraging foreign direct investment. If you are engaged in R&D and are looking to take advantage of Canada’s funding programs, the Trade Commissioner Service can help you by:

Consult our website to locate the trade commissioner near you: http://tradecommissioner.gc.ca/network-reseau.aspx?lang=eng

Facilitating your entry into the Canadian marketConnecting you with the appropriate funding opportunitiesProviding you with market intelligence and adviceIntroducing you to a wide network of companies and research institutions

Canadian Regional Sector Strengths

Ontario

Health/Bio-sciences

Advanced Manufacturing ConstructionDefence and Aerospace

Digital Industries

Cleantech

New Brunswick

Advanced ManufacturingConstructionDefence and Aerospace

Digital Industries

Oil and Gas

Aquaculture

Cleantech

Manitoba

Oil and GasEnergyMinerals

Agri-Food

Defence and Aerospace

TerritoriesMining

Saskatchewan

Oil and GasEnergyMinerals

Agri-Food

Advanced Manufacturing

Prince Edward Island

Digital Industries

Aquaculture

Ocean Sciences

Energy

Advanced Manufacturing

Cleantech

Agri-Food

Digital Industries

Oil and Gas

Alberta

Health/Bio-sciences

Digital Industries

Cleantech

Advanced ManufacturingConstructionDefence and AerospaceMetals

Québec

Health/Bio-sciences

Digital Industries

Oil and GasMiningLumber/ Forestry

Ocean Sciences

Newfoundland and Labrador

Oil and Gas

Aquaculture

Ocean Sciences

Nova Scotia

Aquaculture

Defence and Aerospace

Ocean Sciences

Partner Programs

Northern Canada

Central Canada

Atlantic Canada

Western Canada

Services

PeopleMoney

Information Labs and Facilities

SectorsLEGEND

All Sectors Agri-Food

Health/Bio-sciences

Advanced Manufacturing

Clean Resources

Digital Industries Clean Technology

Major Federal Partners

International companies with a Canadian subsidiary can benefit from a multitude of government sponsored programs. These federal, provincial/territorial and regional programs are dedicated to improving Canada’s economic prosperity and R&D ecosystem by providing resources to companies.

Each of the programs below provides access to funding, young talent, information, and facilities through partnerships with Canadian universities and colleges. These partnerships allow students to work under the guidance of dedicated professors to support your R&D initiatives, solving real challenges to help your business innovate.

Why should foreign firms choose to partner and innovate in Canada?

Lowest Business Tax Cost in the G7Ease of Establishing a BusinessLowest Business Cost in G7Legatum Prosperity Index

#1Business Environment

IMD Equal Opportunity World RankIn OECD for education levelWorld Economic Forum Human Capital Index1#

Dynamic and Diverse WorkforceCanada has preferential access to markets in more than 40 countries with more than 1.2 billion consumers and over US $41 trillion or more than half the global GDP.

Market Access

ARD Grants are project-specific funding for R&D collaborations with Canadian colleges. Sector availability depends on the college's research expertise.

NSERC Applied Research and Development Grants (College and Community Innovation Program)

CRD Grants are project-specific funding for R&D collaborations with Canadian universities. Sector availability depends on the university's research expertise.

NSERC Collaborative R&D Grants

Engage Grants offer up to $25,000 for first-time collaborations between a company and a university or a college.

NSERC Engage Grants

NSERC Industrial Research Chairs Grants

Research Chairs can be created through a partnership between a company and an academic institution. These chairs provide funding in any sector to support a professor and a team of student researchers to work on a specific research challenge area over a 5-year period.

Provides funding to support a university internship under the guidance of a professor to solve a specific research challenge.

Mitacs Accelerate

Supports a Canadian student to go abroad and work collaboratively with an international institution, in order to help solve a specific research challenge.

Mitacs Globalink

Provides funding to support a university postdoc fellowship under the guidance of a professor to solve a specific research challenge.

Mitacs Elevate

SIF's stream 4 supports a consortium including industry, academia, and research institutes, and provides funding for the development and demonstration of pre-commercial technologies.

Strategic Innovation Fund (SIF)

OCE Collaboration Voucher Program

Funding program for small-scale R&D projects in partnership with an Ontario academic institution.

OntarioProductivity and Innovation Voucher Program

Supports partnerships between a company and an academic institution in Nova Scotia to help develop new products, processes, or services.

Nova Scotia

Innovation Voucher

Covers the cost of R&D services accessed through an academic institution in New Brunswick.

New Brunswick

AlbertaAlberta Innovates

Supports projects from discovery research through to commercialization in four broad streams.

Supports consortia-led projects in the natural resources sector, with a requirement to commercialize a new innovation in a 3-year timeframe.

British ColumbiaBC Ignite

Project-driven support to hire a student intern or recent graduate to expand your R&D team, either in-house or under the guidance of a professor.

OCE Talent Edge

Atlantic Agriculture Research and Innovation Initiative

Promotes collaboration and public-private partnerships in the Atlantic provinces, focused on agriculture R&D.

CRIBIQ promotes innovation and provides funding for collaborative research projects between businesses and universities in the fields of industrial bioproducts, bioenergy, biobased chemistry, and materials.

The Quebec Consortium for Industrial Bioprocess Research and Innovation (CRIBIQ)

Provides funding to help access applied research and innovation services at an Ontario college.

OCE Colleges Applied Research & Development Fund

College Centres for the Transfer of Technologies (CCTT)

With 49 applied research centres and 1300 experts, CCTTs support companies in developing technology by providing information, training, and technical support all across Québec.

Québec

Yukon Research Centre

Available project support for arctic-related innovation and R&D.

Yukon

Preference in this program is given to partnerships between Ontario academic institutions and companies, and supports the development and commercialization of technologies that will benefit Northern Ontario.

Northern Innovation Program - Applied Research & Technology Development Projects

Provides up to 50% of the wages of a student to participate in a science, technology, engineering, or mathematics (STEM) related work integrated learning experience.

Student Work-Integrated Learning Program