There are many good reasons to develop a biotech or life sciences business in Ontario East. Among them are its:
- Infrastructure, including large and growing clusters in the Ottawa, Kingston and Peterborough areas that employ 75,000 people and generate annual sales of about $9 billion
- Workforce, with its exceptionally high education levels and track record of innovation and success, in a setting that includes research programs at leading universities, national research centers and Canada’s funding and regulatory agencies
- Lower combined corporate income taxes that those of the United States—and Canadian and Ontario tax credits that cut the after-tax cost of $100 of R&D expenditures to about $42
For details please call Jackie St. Pierre at (613) 634-8569 or email.
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