On Jun 1, 9:46*am, Home Guy wrote:
" wrote:
Probably helped by a ****-load of federal grants and state / local
tax incentives.

I suppose Canada being a utopian paradise, has no such incentives,
right?

Nowhere near the scale of incentives in the US.

Canadian cities and counties are not allowed to run budget deficits.
They generally don't (or can't) float bonds to finance their budgets.
So their ability to fund incentives or give tax breaks for companies to
locate new facilities (or expand existing ones) is very limited. *Such
incentives can really only come from the provincal and federal levels of
gov't.

Who cares where it comes from? It's still freaking Canada:

http://www.areadevelopment.com/Canad...63537323.shtml

Other Incentives
Each of Canada’s provinces and territories has its own distinct
incentive programs promoting investment. These programs assist
companies with reducing costs for all different types of investment
projects ranging from capital expenditures in machinery, equipment,
land, and buildings, to investments to increase productivity, to the
building of research laboratories and centers of excellence. Programs
cover many sectors and some specifically assist investment projects in
specific sectors. Canada and its provinces are well known for
supporting industries such as aerospace, biotechnology, information
technology, and even the film industry, to name a few. Incentives are
available through outright grants, interest-free loans, risk-sharing
arrangements, and various investment tax credits. Each province has
the jurisdictional responsibility for human resources development, and
training subsidies are made available through the various provincial
agencies. Too numerous to list, information about all these incentive
programs and tax credits is available on the Internet.

When combining the federal SR&ED tax credits with provincial research
and development tax incentives, this becomes especially evident. The
average benefit on R&D investment is approximately 30 percent for an
investor. The SR&ED incentive program, along with its provincial
counterpart, offers stable tax credit design and productive
administration, all providing the investor with diminished cost and
risk. The process is simple, user-friendly, and profitable.

The Canadian SR&ED tax incentive program is aimed at the private
sector. Companies based in Canada that invest in R&D can qualify
regardless of their size, industry sector, or technology. In addition,
the SR&ED incentives include research and development expenditures
carried out of Canada, the eligibility of deducting the full cost of
R&D machinery and equipment, unlimited sub-contracting of research
and