Corporate tax reductions at both the federal and provincial level have made Ontario one of the most competitive jurisdictions for new business investment, when compared with the average of 20 major industrialized and emerging economies
Tech Triangle's insight:
It’s more than affordable to start and run a business in Ontario; it’s cheaper than in many other places. In fact, our country as a whole has proven to be a cost-effective centre for business.
According to KPMG's Competitive Alternatives2012 study of international business costs, Canada's overall business costs are lower than in the U.S., France, Italy, Germany, Australia or Japan. In the IMD World Competitiveness Scoreboard 2011, Canada placed 7th out of 58 countries