Atlantic Canada Opportunities Agency
Symbol of the Government of Canada

Research & Development in Atlantic Canada

Centres of Excellence

Atlantic Canada is world-renowned for its outstanding centres of excellence in Research and Development (R&D). The region has an extensive network of specialized centres and research facilities that concentrate on both traditional and advanced technology industries. Among those industries are ocean technology, e-commerce, forestry, aquaculture, offshore exploration, agri-food, biotechnology and advanced telecommunications.

Strong Partnership

Atlantic Canada invests over $900 million annually in research and development in a wide range of areas, and allocates more than 1,900 person-years to R&D, supported by an alliance of industry, government and academic partners. This strong partnership enables the region to stand out as a leader in innovation and to develop new value-added products and services that industry partners can take to world markets.

Unmatched Advantages

Atlantic Canada's extensive R&D infrastructure is backed by cuttingedge institutions, preferential business costs, a world-class digital telecommunications network and extensive government support programs. Indeed, Atlantic Canada offers some of the lowest after-tax R&D costs in the world, in addition to an attractive suite of financial incentives and tax credits that promote innovation and advances in the region's universities, research institutes and private sector businesses.

A gloved hand holds a test tube with red liquid

Atlantic Innovation Fund

The Atlantic Innovation Fund is among an extensive array of government support programs delivered in Atlantic Canada to help the region compete in the global knowledge-based economy. Through this future-focused initiative, the federal government is making strategic investments to increase Atlantic Canada's R&D and commercialization capacity.

Scientist working in a laboratory A close-up of a microscope A scientist uses a dropper to put liquid in a beaker A close-up of a microchip

Hopewell rocks (New Brunswick)

What Atlantic Canada Offers

Geographically close to United States – seamless access to the lucrative US market

Highly educated workforce – more post-secondary graduates per capita than the Canadian and US averages, and home to 17 universities

Dedicated workers – among the lowest rates of turnover and absenteeism in North America

Low business costs – Canada leads the G7 countries in low business costs, with a cost advantage of 5.5 percent over the US

World-leading R&D commitment – Canada ranks first among the G7 countries for offering the most generous R&D tax incentives

How You Benefit

  • Improved communication and lower project management costs
  • Greater ability to recruit new graduates and retain their services
  • Lower turnover rates, which means corporate knowledge doesn't leave your organization along with staff
  • Improved profitability thanks to lower labour costs and operational cost efficiencies
  • Greater potential for revenue growth
  • Enhanced ability to innovate, be creative, and continuously learn
  • Opportunity to improve performance and profitability through access to government programs and services geared to the needs of the industry

How we can help you to locate and succeed here

The Atlantic Canada Opportunities Agency (ACOA) is the federal government agency responsible for helping to build economic capacity in the Atlantic Provinces. Through a variety of programs and services, ACOA ensures companies locating in Atlantic Canada have access to a range of practical support to help them successfully develop their businesses.

Map of Eastern Canada and USA, highlighting Atlantic Canada

For more information, contact:

Atlantic Canada Opportunities Agency
P.O. Box 6051, 644 Main Street
Moncton, New Brunswick
E1C 9J8 Canada

Toll-free: 1-800-561-7862 (Canada and US)
Fax: 506-851-7403

www.acoa-apeca.gc.ca/invest
invest@acoa-apeca.gc.ca

ACOA logo and the Symbol of the Government of Canada

Catalogue number: Iu89-4/3-11-2010E ISBN:978-1-100-14756-7 ACOA : 2010-02