Incentives and Programs
Companies that locate in Oshawa enjoy the benefits associated with doing business in Ontario, Canada. In addition to having a stable financial system, Canada's overall marginal effective tax rate is the lowest in the G7 and Canada offers the lowest business costs in G7 for R&D intensive sectors (KPMG Competitive Alternatives Study, 2014).
Local Incentives
The City of Oshawa has a rich history of involvement in efforts to improve the community. These Community Improvement Incentives, fully approved by the Province of Ontario, are just one more way that Oshawa works with private sector partners to re-invest in our great city.
The following are the available Community Improvement Incentives within the City of Oshawa:
- Brownfields Renaissance Community Improvement Plan
- Simcoe St. S. Renaissance Community Improvement Plan
- University and College Area Renaissance Community Improvement Plan
- Urban Growth Centre Community Improvement Plan
Provincial and Federal Incentives
There are also a number of Provincial and Federal Incentives that are available in commercialization, exporting, human resources as well as research and development.
Programs
Connections Program
The Oshawa Connections program is our business visitation program designed to connect one-on-one with local businesses to discuss the experiences and opportunities in our community. The purpose of these one-on-one meetings is to:
- identify needs, concerns and opportunities
- learn more about the type of work businesses in Oshawa are undertaking
- open the lines of communication and provide links to applicable resources
Business Ambassador Program
Launched in early 2015, the Business Ambassador program works with local business leaders in our key sectors to act as our ambassadors and promote Oshawa as a great place to do business.