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Ontario mulling new tax credits to spur businesses to invest in R&D: minister

The Canadian Press / November 5, 2013 / www.canadianbusiness.com

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Ontario mulling new tax credits to spur businesses to invest in R&D: minister

The government of Ontario is considering new incentives and tax credits to encourage companies invest more research and development, new equipment, technology and training. This move would reflect what is being done in many American states. As a proportion of its GDP, Ontario’s R&D spending is significantly lower than the United States. The Canadian Press reports on the announcement for Canadian Business. 

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