SERVICES FOR CANADA
TOP INDUSTRIES TO INVEST:
Technology:
01
Thriving tech industry, particularly in artificial intelligence, cybersecurity, and software development.
Clean Technology:
02
Leader in renewable energy, sustainable infrastructure, and green technologies.
Healthcare:
03
Growing sector, including medical devices, biotechnology, and healthcare services.
E-commerce:
04
Booming online shopping market, especially in retail and logistics.
Renewable Energy:
05
Ambitious renewable energy targets, making it an attractive sector for investment.
Information and Communication Technologies:
06
Big data, IoT, AI, and cybersecurity.
LOCATIONS
BEST LOCATIONS TO INVEST IN CANADA
Toronto, Ontario: Financial hub, with a strong tech industry and access to international markets.
Vancouver, British Columbia: Growing tech hub, with a diverse economy and proximity to Asian markets.
Calgary, Alberta: Center for energy and natural resources, with a growing tech sector.
Waterloo, Ontario: Known for its startup ecosystem and innovation.
Montreal, Quebec: Hub for artificial intelligence, cybersecurity, and clean technology.
INCENTIVES TO INVEST
STATE AND FEDERAL INCENTIVES TO INVEST IN CANADA INCLUDE
Global Skills Strategy:
Allows employers to fast-track skilled international workers to Canada quickly and easily. Offers short-duration work permit exemptions, fast processing for highly skilled workers, and the Global Talent Stream for hiring specialized workers.
Scientific Research and Experimental Development (SR&ED) Tax Incentive Program:
Provides tax credits and rebates for a range of home improvements that reduce energy leakage, including insulation material, air sealing, weatherized windows and doors, and breaker boxes
Strategic Innovation Fund:
Provides funding for large innovation projects. Funding streams include R&D support, growth and expansion facilitation, large-scale investment attraction and retention, industrial R&D and technology demonstration advancement, and national innovation ecosystems support.
Green Infrastructure Phase II:
Helps accelerate the deployment and market entry of next-generation clean energy infrastructure.
Cyber Security and Critical Energy Infrastructure Program:
Supports activities that enhance the cybersecurity and resilience of domestic and cross-border energy infrastructure.
TYPES OF REGISTRATION IN CANADA
CORPORATION REGISTRATIONS
01
Provincial Considerations
Corporate registrations are particularly popular in New Brunswick, Alberta, British Columbia, and now Ontario. As of July 2021, Ontario no longer requires local resident directors on company boards, aligning it with New Brunswick, Alberta, and British Columbia, where there are no local director requirements for corporations.
PARTNERSHIP REGISTRATIONS
02
Internal Considerations and Consultation
Partnerships are formed when two or more individuals or entities agree to create a business together. There are Limited Partnerships (LP) and Limited Liability Partnerships (LLP), available in British Columbia and Ontario. A partnership is not a separate legal entity and hence, it is not taxed at the partnership level. Profits flow directly to the partners.
BRANCHES OR SUBSIDIARIES
03
Informed Decision-Making
The two primary structures for operating in Canada are through a branch or by incorporating a Canadian subsidiary. A branch is not a separate legal entity but rather an extension of an existing company from another jurisdiction. Once registered, a branch can conduct business and access bank accounts in Canada.
CONTACT FOR A CONSULTATION ON WHAT STRUCTURE FITS YOUR NEEDS
JOIN AN INNOVATION CLUSTER
THE IMPACT OF GLOBAL INNOVATION CLUSTERS
Canada’s Global Innovation Clusters are building first-rate innovation ecosystems through $1 billion in federal government funding, matched dollar-for-dollar by industry. These 5 groups drive intense business activity in key industries and bring together companies, academic institutions, and not-for-profit organizations.
Advanced Manufacturing: Focuses on developing cutting-edge manufacturing technologies.
Protein Industries: Innovates in the production and processing of plant-based proteins.
Scale AI: Enhances AI capabilities and applications in various sectors.
Digital Technology: Promotes growth in digital technologies and their implementation.
Ocean: Advances technologies for sustainable ocean industries.
