Ontario Research and Development Tax Credit

Government of Ontario, Ministry of Finance

Overview

Reduce your corporate income tax with a credit of 3.5% for scientific research and experimental development expenditures in Ontario.

At a glance

Categoriestax credit
StatusAccepting applications
RegionON
Sectorsresearch

Eligibility and requirements

Money Non-refundable credit equal to 3.5% of eligible expenditures Use this to Request a tax credit for eligible expenditures: Incurred for scientific research and experimental development carried on in Ontario That qualify under section 127 of the federal Income Tax Act (Canada) Attributable to a permanent establishment in Ontario

How Mona Studio helps business owners use this program

Ontario Research and Development Tax Credit is one of many Canadian funding options listed in our grant finder. Mona Studio helps research teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

Official program website

Similar funding opportunities

View interactive program page on Mona Studio