Date post: | 24-Dec-2015 |
Category: |
Documents |
Upload: | rudolf-gregory |
View: | 214 times |
Download: | 0 times |
2
OTC brings together the top interactive digital media clusters in Partnership with the Province of Ontario London
Niagara Region
LondonNiagara
Hamilton
The Ontario Technology Corridor
3
GTA ~ London ~ Niagara ~ Ottawa ~ WaterlooGreater Toronto Area and Ottawa Region
Population: 5.5 million
Companies
:
3,362
Workforce: 148,000
Population: 1.3 million
Companies: 1,800
Workforce: 80,000
4
GTA ~ London ~ Niagara ~ Ottawa ~ WaterlooWaterloo Region and City of London
Population: 500,000
Companies
:
450
Workforce: 26,000
Population: 450,000
Companies: 350
Workforce: 8,000
5
GTA ~ London ~ Niagara ~ Ottawa ~ WaterlooNiagara Region
Population: 427,421
Companies
:
470
Workforce: 1,000
6
Top 10 reasons to invest in Ontario
Strong government support
An Innovative investment Partnership
A well-developed educational infrastructure
1. Stable, highly talented, motivated workforce
2. Access to the North American market (NAFTA)
3. Openness to diversity and multiculturalism
4. Economic engine of Canada
5. World class research institutions
6. Innovation leadership
7. Low risk business environment
8. Superior infrastructure
9. Business incentives
10. Quality of life
8
PROGRAM TYPE NUMBER OF PROGRAMS 2008 ENROLLMENT
Game 14 712
Animation 22 1,083
Graphic Design 14 2,118
Media inc. Film 29 2,792
Other 4 432
Game & Animation Subtotal 83 7,137
Software Engineering (College) 6 216
Computer Science (University) 43 7,843
Computer Engineering (College) 6 1,049
Computer Engineering (University) 10 715
Computer Programming (College) 26 1,460
Computer/Software Subtotal 91 11,283
Grand Total 174 18,420
Digital gaming related programs
9
What this
means for
your tech
company:
444 million people in North America’s $16 trillion market
In addition to eliminating tariffs, NAFTA assures:
Free transport of goods
Free movement of staff
Protection of investment/intellectual property
Product certification
Commercial border crossings average less than 10 minutes
New partnerships and investors
Skilled suppliers to support the energy industry supply chain
Economic growth
Ontario’s NAFTA advantage
12
Ontario has world class universities and colleges
University of Waterloo Wilfred Laurier University University of Toronto Ryerson University York University Brock University University of Western
Ontario (Western) University of Ontario
Institute of Technology Ontario College of Art &
Design (OCAD) Carleton University University of Ottawa McMaster University
Conestoga College Centennial College George Brown College Humber College Seneca College Sheridan College Niagara College Fanshawe College Durham College Algonquin College La Cité collégiale Mohawk College
13
RYAN: ACADEMY AWARD® WINNER FOR BEST SHORT ANIMATED FILM (2005)
Ontario – the innovation society!
University of Toronto ranked Canada’s top research-intensive university with 6 Nobel Prize-winning graduates
University of Waterloo ranked Canada’s #1 for “Best Overall”, “Most Innovative”, and “Leaders of Tomorrow” comprehensive university in Maclean’s Business Magazine 2007 survey. It is renowned worldwide for its leading computer science, math, and engineering programs
335 patents in 2007, the GTA ranked 15th in the world
14
Ontario companies take advantage of Canada’s low-risk business and regulatory environment
A strong fiscal position Canada is experiencing 2nd longest period of
economic expansion in Canadian history, and has been reducing debt at a record rate
Low Inflation and low interest rates Over the past five years, Canada has enjoyed
relatively low inflation – averaging 2.3% compared to 3.2% for the U.S. and 2.1% for the G7.
Canada’s targeted inflation rate range between 1% and 3% has been extended until 2011
A growing domestic economy According the Prosperity Potential Index, Canada
ranks 1st in terms of the likelihood for economic prosperity in the year 2020
Canada is the best place for doing business in the G7 according to the Economist Intelligence Unit and it ranked fifth overall out of 82 countries in the global business rankings for the forecast period (2010-14)
15
Excellent infrastructure for business air travel
Ottawa Macdonald-Cartier International Airport
Toronto Pearson International Airport
London International Airport
The Region of Waterloo International Airport
Toronto Billy Bishop City CentreAirport
16
Niagara’s border crossings are amongst the busiest in Canada
Niagara is one of the busiest Canada-U.S. borders
Niagara has four monumental crossing bridges. They rank 2nd only to Kennedy International as the busiest point of entry between Canada and the US, the world’s largest trading relationship
The Welland Canal offers direct shipping access from the Atlantic Ocean. It is an important traffic route for transporting goods
17
“The Better Way”
Ontario enjoys an established mass transit system
GO Transit is Canada's first, and Ontario's only, interregional public transit system, linking Toronto with the surrounding regions. The GO system carries more than 50 million passengers a year in an extensive network of train and bus services
The Corridor is a VIA Rail passenger train service area in the Canadian provinces of Quebec and Ontario
The Corridor service area has the heaviest passenger train frequency in Canada
The Toronto Transit Commission’s (TTC) subway system is linked with buses and streetcars that provides a one fare journey around Toronto, Markham, Richmond Hill, Vaughan, Mississauga, Aurora and Newmarket
The TTC carries approximately 1.5 million riders on an average business day and uses hybrid buses which use less fuel and have lower emissions than traditional diesel-fuel buses
18
Ontario’s Road and Rail Network
Ontario has the largest and busiest freeway network in Canada, consisting mainly of efficient 400-Series Highways and supplemented by municipal expressways
Well developed highway, rail, and shipping
19
Highly integrated telecommunication networks
Highly integrated telecommunications network
The Ontario Technology network offers:
One of the most extensive telecommunication networks in North America
A highly integrated telecommunications network including:
- The largest “free calling” area in North America (416/647/289/905)
- 100% Digital Telecom Infrastructure
- High speed data services
- Internet connectivity
- Private lines
- E-business services
20
G-8’s most favourable tax treatment for R&D
R&D savings vary by the size and type of corporation. For example, in 2010 the after-tax cost of a $100 R&D expenditure could range from $55.01 to as low as $36.72 for applicable research institutes.
21
Ontario R&D incentives at a glance
SUPPORT PROGRAMS/INCE
NTIVESCRITERIA HOW MUCH
Ontario Business Research Institute Tax Credit (OBRITC)
Must incur qualified expenditures in respect of scientific research and experimental development (SR&ED) under an eligible contract with an eligible research institute (ERI)
20% refundable tax credit for SR&ED expenditures incurred in Ontario under an eligible contract with an ERI. The maximum amount a corporation can claim is $4 million
Ontario Innovation Tax Credit
Must carry on eligible SR&ED in Ontario
10% refundable tax credit for qualifying. Can be combined with OBRITC (above) for a total of 30%
Ontario Research and Development Expenditures Deduction
Must carry on eligible SR&ED in Ontario
Allows corporations to exclude from Ontario taxable income the portion of federal investment tax credit that relates to qualifying SR&ED expenditures through Ontario pool calculation on CT23 Schedule 161
22
Ontario Media Development Corporation (OMDC)Digital media incentives in Ontario
Ontario Media Development Corporation (OMDC)
SUPPORT PROGRAMS/INCEN
TIVESCRITERIA HOW MUCH
Ontario Computer Animation & Special Effects Tax Credit
Computer animation and special effects activities in film or TV production
20% refundable tax credit for eligible labour expenditures
Ontario Interactive Digital Media Tax Credit
Labour, marketing and distribution expenditures for the creation of interactive digital media products
25% of eligible expenditures; 30% for qualifying small corporations
OMDC Interactive Digital Media Fund
Labour expenditures and eligible marketing and distribution expenses claimed with respect to interactive digital media products
A non-refundable contribution of up to $100,000 to a maximum of 50% of the project budget to create a market-ready interactive digital media content product
OMDC Video Game Prototype Initiative
The creation of a prototype in order to secure a publisher or attract financing for a market-ready, commercial video game product
A repayable contribution of up to $500,000 to a maximum of 50% of eligible expenses for their prototype
OMDC Ontario Sound Recording Tax Credit
Eligible production and marketing costs incurred by a qualifying corporation with respect to an eligible Canadian sound recording
20% refundable tax credit for eligible sound recording company with respect to an eligible Canadian sound recording by an emerging Canadian artist or group
24
Stable ~ Safe ~ Affordable ~ CosmopolitanSafe, stable, and well governed
Canada is a constitutional monarchy
Canada has a three-tiered system with Federal, Provincial, and Municipal levels of government
Municipal governments are under provincial jurisdiction and governed by an elected mayor and council
25
Stable ~ Safe ~ Affordable ~ Cosmopolitan
Great cities and towns offering a great life
With low crime, little threat from instability or terrorism and highly developed infrastructure, Canada is one of the most liveable destinations in the world
Economist Intelligence Unit (EIU)
26
Sourc
e:
Merc
er
Hum
an R
eso
urc
e C
on
sult
ing
, 2
00
9
Index:
New
York
Cit
y =
10
0
Very high quality of life