It's actually even better than that because there's also a national program that pays up to 35% of R&D salaries: http://www.cameronhuff.com/blog/ontario-tax-cre

It's actually even better than that because there's also a national program that pays up to 35% of R&D salaries: http://www.cameronhuff.com/blog/ontario-tax-credits-for-software-companies/index.html http://www.cameronhuff.com/blog/ontario-tax-credits-for-soft.... There are hundreds of smaller special programs that can pay even more (and they often stack).