Tax credit

Ontario Research and Development Tax Credit (ORDTC)

Provincial - Ontario / CRA · 3.5%

Non-refundable 3.5% Ontario tax credit on eligible Ontario SR&ED. No published expenditure-limit cap on the official pages. File Schedule 508 with the T2. Published amount: 3.5%. Best for: Ontario corporations claiming federal SR&ED. This is a tax credit, not a grant. Administered by Government of Ontario / Canada Revenue Agency (CRA). Official source: Ontario Research and Development Tax Credit (ORDTC).

Criteria

Who qualifies	Existing businesses Eligible statuses in catalog: Canadian citizens, permanent residents For-profit Requires R&D / innovation activity Ontario Best for: Ontario corporations claiming federal SR&ED
Who does not	Brand-new startups / idea-stage shops (existing-business program) Work-permit-only newcomers (catalog lists citizen/PR, not work-permit) Businesses with no R&D / innovation project
Amount	3.5%
Rate / repayable	N/A - Tax credit. Repayable: no (per catalog).
What it funds	Non-refundable 3.5% Ontario tax credit on eligible Ontario SR&ED. No published expenditure-limit cap on the official pages. File Schedule 508 with the T2. Highlights: 3.5% of eligible Ontario SR&ED; Non-refundable; No published dollar cap on official pages; File Schedule 508.
Intake window	See the official page
Region	Ontario, including Markham and York Region.
Administrator	Government of Ontario / Canada Revenue Agency (CRA) (Provincial - Ontario / CRA)

Published highlights

3.5% of eligible Ontario SR&ED
Non-refundable
No published dollar cap on official pages
File Schedule 508

Official apply / learn more See if you match Get help applying

FAQ

Is this a grant?

No. Ontario Research and Development Tax Credit (ORDTC) is a tax credit (3.5%), claimed through the tax return — not a grant cheque.

Who qualifies in Markham?

Ontario, including Markham and York Region. Qualifies where the published criteria fit: existing businesses; Canadian citizens, permanent residents; for-profit; requires R&D / innovation activity; Ontario; ontario corporations claiming federal SR&ED.

Is there a minimum years in business or employee count?

No minimum years in business in this catalog; no minimum employee count in this catalog. See the official page if a rule is not listed here.

Can newcomers or work-permit holders apply?

The catalog lists Canadian citizens and permanent residents only — work-permit is not in the eligibility list. Do not assume a work-permit newcomer qualifies.

Related programs

Eligibility is determined by the government administrator (Government of Ontario / Canada Revenue Agency (CRA)), not Markham Office. Amounts, rates, and windows change. Verify every detail on the official page before you apply. Markham Office is an assessment helper only. As of September 2026.