Vaughan is a globally competitive, business-friendly city located in the heart of the Greater Toronto Region.
Operating your business here comes with lower costs, access to a high-quality talent pool and unparalleled market access.
Canada has free trade agreements with 48 countries, including the Canada-EU Comprehensive Economic and Trade Agreement (CETA) and the United States-Mexico-Canada Agreement (USMCA). This gives the country access to 1.6 billion consumers.
In Ontario, the combined income tax rate of 26.5 per cent is lower than the G7 average.
(Ernst and Young, 2018 MEDJCT Commissioned Study, OECD, 2018)
Employer health costs per year for a typical firm in Ontario are one-third the cost of the U.S. average.
Combined with various provincial R&D programs, the Scientific Research and Experimental Development (SR&ED) Program reduces the after-tax cost of every $100 in R&D spending to between $37 and $61 in Canada.
The region’s universities produce approximately 42,300 STEM graduates per year.
(Statistics Canada, Ministry of Colleges and Universities)