Rate

Description

Québec 

R&D Wage Tax  

Credit

9

Canadian- 

controlled 

corporations—37.5%

Others—17.5%

Refundable tax credit for R&D wages 

of Québec-based employees of a 

corporation that carries on business in 

Canada and performs R&D in Québec, 

or has such work carried out on their 

behalf in Québec. The corporation no 

longer needs to have a PE in Québec
This credit is also available for 50% 

of amounts paid to an unrelated 

subcontractor for R&D performed by 

employees in Québec and for 100% of 

amounts attributed to wages paid to 

employees of a related subcontractor in 

Québec

Québec Enhanced 

R&D Wage Tax Credit

10

Approved Canadian- 

controlled 

pharmaceutical 

corporations—27.5%

Refundable tax credit for R&D wages 

of Québec-based employees of an 

approved pharmaceutical corporation 

that carries on business in Québec. 

New Brunswick

11

15% 

Refundable tax credit for eligible 

expenditures incurred in New Brunswick 

by a corporation with a PE in the 

province

Nova Scotia

11

15%

Refundable tax credit for eligible 

expenditures incurred in Nova Scotia by 

a corporation with a PE in the province

Newfoundland and  

Labrador

11

15%

Refundable tax credit for eligible 

expenditures incurred in Newfoundland 

and Labrador by a corporation with a PE 

in the province

Yukon

11

15% to 20%

Refundable tax credit for eligible 

expenditures incurred in Yukon by a 

corporation with a PE in the province

Provincial Research and Development Tax Incentives  /  85

Current as of May 3, 2013

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