Key reasons why research intensive companies should invest in Toronto Region: global status, top talent, outstanding R&D, competitive costs, advanced economy and quality of life

1. • Generating GDP of $337B in 2008, bigger than Korea, • Global leader in competitive R&D costs – 45% less
Finland, Austria or Switzerland expensive than London, 41% less than Frankfurt, 37%
• One of North America’s top four economic less than New York, and 20% less than Paris
powerhouses after New York, Los Angeles and Toronto: • Source for some of the world's most generous R&D
#2 Automotive, #3 Food Production, #3 Biotechnology, tax credits with significantly more eligible costs than
#4 Financial Services, and #5 ICT the US
• Leading convergence in new fields: nanotechnology, • Lowest health expenditures as a percentage of GDP
stem cell research, biomarkers, quantum computing, of G7 countries
ophthalmic technologies, health informatics, water
technologies, green technologies, and digital media • Lower cost of living than Tokyo, London, New York and
Hong Kong (Mercer 2008)
• At 7.4 million people, the 4th largest urban region
in North America • Close to US – offering low transportation costs to large
North American markets
TORONTO REGION AT A GLANCE
• Supported by well-developed transportation and
telecommunications infrastructure
• Best educated workforce in the G7 – 64% of labour
force aged 25-64 holds a post-secondary degree
or equivalent
• Chosen location to nearly half of recent immigrants • Soundest banking system in the world (World
(44.5%) – 60% with at least one university degree Economic Forum 2008)
• Continually renewed pool of skilled workers – every • Pivotal location – 60-minute flight or 1-day drive to
GLOBAL STATUS COMPETITIVE COSTS
year 83,000 graduates and 47,000 immigrants with major Northeast and Midwest cities in North America
degrees enter a skilled workforce of 1.8 million • Home to over 4.1 million employees, 1.8 million with
(25-64 years of age) post-secondary degrees
• Home to 30% of Canada’s most highly-cited scientists, • Business-friendly immigration programs facilitate
with more highly-cited scientists per capita than the recruitment of foreign workers and high-end
United Kingdom, Israel, Germany or Japan research staff
• Over 79,000 workplaces in science and technology
industries; 270,000 enterprises across major
industry sectors
• Canada’s largest centre for research and education • Globally connected: highest growth rate for broadband
• Received one-third ($841M) of research funding penetration in the G7 (OECD 2008)
from three major Canadian science granting councils
(2007-08)
• Headquarters for 6 of top 10 private sector R&D
investors in Canada • #1 best quality of life (Foreign Direct Investment 2009)
TOP TALENT
• One of the largest medical-hospital complexes • North America’s 2nd best place to live (Mercer 2008)
in North America: 2 universities and 12 research
• One of the most diverse regions in the world; over 100
ADVANCED ECONOMY
hospitals
languages and dialects spoken
• #4 city to experience culture (Global Cities Index 2008)
• Many different residential choices: downtown,
suburban, small town and rural
• The most cost-efficient and 2nd highest volume public
transit service in North America
OUTSTANDING R&D
ATTRACTIVE LIFESTYLES
June 2009 © Toronto Region Research Alliance

2. Dan Fortin, President, IBM Canada Ltd.
Robert Schad, Founder, Director and Senior Advisor, Husky
Jim Balsillie, Co-CEO, RIM
WHAT PEOPLE ARE SAYING ABOUT THE TORONTO REGION
“The Toronto Region is home to one of the largest and most productive concentrations
of research and development talent in the world, and serves as a portal to all of North
Martin Wildberger, VP and Director, IBM Software Lab
America’s major markets and institutions.”
“Ontario gives us access to highly skilled engineers and some of the most attractive R&D
Paul Lucas, CEO and President, GlaxoSmithKline
incentives anywhere.”
“We’ve got great creative people in Canada.”
Katsuaki Watanabe, President, Toyota Motor Corporation (June 2005)
“IBM’s ongoing investment in Canada is due to the strong skills of the Canadian software
R&D team, as well as the supportive efforts and cooperation received from all three
Dr. Alan Bernstein, Executive Director of the Global HIV Vaccine Enterprise based in New York.
levels of government.”
“To be successful, we rely on Ontario’s highly skilled work force to provide the knowledge
Gordon Nixon, President and CEO, RBC Financial Group
and ability to take an idea from the lab to the marketplace.”
IMF 2008 Financial Stability Report
“Twenty years ago, Toyota management made two profound decisions. We decided to
make a sweeping commitment to manufacturing in North America. And we decided
that Canada would be a core part of that commitment.”
Dr. Hadi Mahabadi, Xerox Research Centre of Canada
“Toronto’s health research community is simply one of the best anywhere.”
“The Toronto Region possesses one of the strongest and most diversified R&D
economies in the world.”
“Canada’s financial system is mature, sophisticated, and well-managed.”
“Canadian immigration policy is a major factor for us, because Canada attracts some
of the best people in the world.”
Contact the Toronto Region Research Alliance at 416-673-6670 or visit www.trra.ca