{"id":26483,"date":"2023-08-08T13:54:08","date_gmt":"2023-08-08T13:54:08","guid":{"rendered":"https:\/\/torontoglobal.ca\/?page_id=26483"},"modified":"2024-08-22T20:42:12","modified_gmt":"2024-08-23T00:42:12","slug":"competitive-business-costs","status":"publish","type":"page","link":"https:\/\/torontoglobal.ca\/why-toronto-region\/competitive-business-costs\/","title":{"rendered":"Competitive Business Costs\u00a0"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"26483\" class=\"elementor elementor-26483\" data-elementor-settings=\"{&quot;element_pack_global_tooltip_width&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_padding&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true}}\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6fcb0cd elementor-section-full_width scheme_dark elementor-section-height-min-height elementor-section-stretched elementor-section-height-default elementor-section-items-middle sc_fly_static\" data-id=\"6fcb0cd\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b588cfc sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"b588cfc\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-592ea70 ob-harakiri-inherit sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"592ea70\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Competitive Business Costs <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section-with-custom-width elementor-section elementor-top-section elementor-element elementor-element-851ad7f elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default sc_fly_static\" data-id=\"851ad7f\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-30eb15e sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"30eb15e\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1373985 ob-harakiri-inherit sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"1373985\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why the Toronto Region stands out for Competitive Business Costs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c651dfb sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-icon-box\" data-id=\"c651dfb\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"#\" >\n\t\t\t\t\t\t\tLow Corporate Tax Rates \t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tA combined federal\/provincial tax rate of 26.5 percent, lower than most Canadian provinces and key U.S. states such as New York and Illinois.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ee8b1a sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-icon-box\" data-id=\"6ee8b1a\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"#\" >\n\t\t\t\t\t\t\tCost Competitive Labour Costs\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tSalaries for in-demand technical talent are 20 to 40 percent lower than in U.S. tech hubs such as New York or San Francisco.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f1515c sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-icon-box\" data-id=\"0f1515c\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"#\" >\n\t\t\t\t\t\t\tEmployer Cost Benefits \t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tEmployers in the region can enjoy health costs that are half of your U.S. counterparts. All citizens and permanent residents in Ontario have access to our universal health care system.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-666ee79 sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-icon-box\" data-id=\"666ee79\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"#\" >\n\t\t\t\t\t\t\tGovernment Incentives \t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tYour business can benefit from a number of incentives and tax credit programs offered in the region to lower your costs even further. Our team can help you find the right incentive for your business. \t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8885935 sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"8885935\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-95f8e18 elementor-hidden-phone sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"95f8e18\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"330\" height=\"500\" src=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/toronto-skyline-toronto-global-toronto-region-1.webp\" class=\"attachment-full size-full wp-image-29701\" alt=\"Competitive Business Costs\" srcset=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/toronto-skyline-toronto-global-toronto-region-1.webp 330w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/toronto-skyline-toronto-global-toronto-region-1-198x300.webp 198w\" sizes=\"(max-width: 600px) 100vw, 330px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e266b7f sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"e266b7f\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"600\" height=\"397\" src=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/king-street-sign-toronto-downtown-toronto-global-toronto-region.webp\" class=\"attachment-full size-full wp-image-29700\" alt=\"\" srcset=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/king-street-sign-toronto-downtown-toronto-global-toronto-region.webp 600w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/king-street-sign-toronto-downtown-toronto-global-toronto-region-300x199.webp 300w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/king-street-sign-toronto-downtown-toronto-global-toronto-region-370x245.webp 370w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/king-street-sign-toronto-downtown-toronto-global-toronto-region-410x271.webp 410w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/king-street-sign-toronto-downtown-toronto-global-toronto-region-590x390.webp 590w\" sizes=\"(max-width: 600px) 100vw, 600px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section-with-custom-width elementor-section elementor-top-section elementor-element elementor-element-7582205 scheme_dark elementor-section-stretched elementor-reverse-tablet elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default sc_fly_static\" data-id=\"7582205\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-97901e9 sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"97901e9\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b77c061 elementor-blockquote--skin-boxed sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-blockquote\" data-id=\"b77c061\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\t\u201cWe are excited to launch our global AI Centre of Excellence in Toronto and join the city\u2019s vibrant digital community, which is recognized as one of the world\u2019s premier AI and data hubs. By attracting top AI talent and partnering with leading think tanks and research institutions locally, we will further our global commitment to addressing healthcare challenges to help improve the lives of patients. We are the only multi-national pharmaceutical company with a digital hub that services the world right here in Toronto.\u201d\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">- Joyce Drohan, Chief Data Officer, Sanofi<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e021d0e sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"e021d0e\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fe15791 sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"fe15791\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/res.cloudinary.com\/dxgdm2kdq\/images\/v1694912907\/Website_Assets_TG\/GDP-by-Canadaian-Provice-toronto-global-toronto-region\/GDP-by-Canadaian-Provice-toronto-global-toronto-region.webp?_i=AA\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"GDP-by-Canadaian-Provice--toronto-global-toronto-region\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6Mjk3MDMsInVybCI6Imh0dHBzOlwvXC90b3JvbnRvZ2xvYmFsLmNhXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIzXC8wOVwvR0RQLWJ5LUNhbmFkYWlhbi1Qcm92aWNlLXRvcm9udG8tZ2xvYmFsLXRvcm9udG8tcmVnaW9uLndlYnAifQ%3D%3D\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1544\" height=\"808\" src=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/GDP-by-Canadaian-Provice-toronto-global-toronto-region.webp\" class=\"attachment-full size-full wp-image-29703\" alt=\"\" srcset=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/GDP-by-Canadaian-Provice-toronto-global-toronto-region.webp 1544w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/GDP-by-Canadaian-Provice-toronto-global-toronto-region-300x157.webp 300w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/GDP-by-Canadaian-Provice-toronto-global-toronto-region-1024x536.webp 1024w, 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title=\"\">\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"e-con-with-custom-width elementor-element elementor-element-8b78c42 e-flex e-con-boxed sc_layouts_column_icons_position_left e-con e-parent\" data-id=\"8b78c42\" data-element_type=\"container\" data-settings=\"{&quot;_ob_use_container_extras&quot;:&quot;no&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-27d17ee e-con-full e-flex sc_layouts_column_icons_position_left e-con e-child\" data-id=\"27d17ee\" data-element_type=\"container\" data-settings=\"{&quot;_ob_use_container_extras&quot;:&quot;no&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ff309ca ob-harakiri-inherit sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"ff309ca\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Canada\u2019s economic centre<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77f5cd8 ob-harakiri-inherit sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"77f5cd8\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The Toronto Region\u2019s economy represents nearly 20 percent of Canada\u2019s GDP <\/strong>\u2013 a greater share than any other metro region or province. Toronto Region makes up 50 percent of Ontario\u2019s GDP and it also represents one of the most diverse economies in North America.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f794b05 e-con-full e-flex sc_layouts_column_icons_position_left e-con e-child\" data-id=\"f794b05\" data-element_type=\"container\" data-settings=\"{&quot;_ob_use_container_extras&quot;:&quot;no&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bc15569 ob-harakiri-inherit sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"bc15569\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><strong>We are home to:<\/strong><\/h5><ul><li>The <strong>largest technology hub in Canada and third largest in North America <\/strong>with 24,000 companies and over 285,000 tech workers.<\/li><li>Canada\u2019s financial capital, and <strong>the second largest financial services centre<\/strong> in North America behind New York.<\/li><li>One of the <strong>largest food and beverage sectors in North America<\/strong>.<\/li><li><strong>Canada\u2019s manufacturing heartland,<\/strong> leading the way in automotive and robotics research.<\/li><li>One of North America\u2019s largest life sciences sectors, <strong>and leading global destination for conducting clinical trials.<\/strong><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1de4ce9 e-con-full e-flex sc_layouts_column_icons_position_left e-con e-child\" data-id=\"1de4ce9\" data-element_type=\"container\" data-settings=\"{&quot;_ob_use_container_extras&quot;:&quot;no&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0b0466f sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"0b0466f\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/res.cloudinary.com\/dxgdm2kdq\/images\/v1694912370\/Website_Assets_TG\/corporate-income-tax-rates-toronto-global-toronto-region\/corporate-income-tax-rates-toronto-global-toronto-region.webp?_i=AA\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"corporate-income-tax-rates--toronto-global-toronto-region\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6Mjk3MDIsInVybCI6Imh0dHBzOlwvXC90b3JvbnRvZ2xvYmFsLmNhXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIzXC8wOVwvY29ycG9yYXRlLWluY29tZS10YXgtcmF0ZXMtdG9yb250by1nbG9iYWwtdG9yb250by1yZWdpb24ud2VicCJ9\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1646\" height=\"614\" src=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region.webp\" class=\"attachment-full size-full wp-image-29702\" alt=\"\" srcset=\"https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region.webp 1646w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-300x112.webp 300w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-1024x382.webp 1024w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-768x286.webp 768w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-1536x573.webp 1536w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-370x138.webp 370w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-840x313.webp 840w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-410x153.webp 410w, https:\/\/torontoglobal.ca\/wp-content\/uploads\/2023\/09\/corporate-income-tax-rates-toronto-global-toronto-region-590x220.webp 590w\" sizes=\"(max-width: 1646px) 100vw, 1646px\" title=\"\">\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section-with-custom-width elementor-section elementor-top-section elementor-element elementor-element-a5d1c53 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default sc_fly_static\" data-id=\"a5d1c53\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-af726f4 sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"af726f4\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b86b60 sc_fly_static ob-has-background-overlay elementor-widget elementor-widget-bdt-call-out\" data-id=\"0b86b60\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"bdt-call-out.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"bdt-ep-callout bdt-ep-callout-button-align-right bdt-grid bdt-grid-large bdt-flex-middle\">\n\t\t\t<div class=\"bdt-width-expand bdt-first-column\">\n\t\t\t\t\t\t\t\t\t<h3\t\t\t\t\t\tclass=\"bdt-ep-callout-title\">\n\t\t\t\t\t\tInterested in learning more?\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-callout-description\">\n\t\t\t\t\t\tReady to see what the Toronto Global team can do to support your business expansion in the Toronto Region?\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"bdt-ep-callout-button-wrap bdt-width-auto@m\">\n\t\t\t\t<a href=\"\/contact-us\" class=\"bdt-ep-callout-button\">\n\n\t\t\t\t\t<span >\n\n\t\t\t\t\t\tLet&#039;s chat\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Competitive Business Costs Why the Toronto Region stands out for Competitive Business Costs Low Corporate Tax Rates A combined federal\/provincial tax rate of 26.5 percent, lower than most Canadian provinces&hellip;<\/p>\n","protected":false},"author":53,"featured_media":26484,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_searchwp_excluded":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-26483","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/pages\/26483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/comments?post=26483"}],"version-history":[{"count":10,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/pages\/26483\/revisions"}],"predecessor-version":[{"id":39077,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/pages\/26483\/revisions\/39077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/media\/26484"}],"wp:attachment":[{"href":"https:\/\/torontoglobal.ca\/wp-json\/wp\/v2\/media?parent=26483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}