Toronto Region At A Glance May 2009 TORONTO REGION RESEARCH ALLIANCE

Breakthrough Innovation

Pivotal North American Location

Key Facts 7.4 million people $337b GDP 35% of all R&D in Canada $6b private and public sector R&D 79,000 science & technology workplaces (270,000 overall) 30% of Canada’s most highly-cited scientists Source: Statistics Canada, 2007; Conference Board of Canada, 2007; BCG Report, 2005; ISI, 2007

7.4 million people

$337b GDP

35% of all R&D in Canada

$6b private and public sector R&D

79,000 science & technology workplaces (270,000 overall)

30% of Canada’s most highly-cited scientists

Exceptional Infrastructure Publicly supported, integrated transit systems 100% digital telecom infrastructure 2 Major rail carriers 7 Major highways 6 Airports with 79 carriers Largest, electronically cleared container facility in the Great Lakes

Publicly supported, integrated transit systems

100% digital telecom infrastructure

2 Major rail carriers

7 Major highways

6 Airports with 79 carriers

Largest, electronically cleared container facility in the Great Lakes

v Magnet for Innovative Companies

Substantial R&D Investment 9 207,150 sanofi aventis Group* 86,700 88,000 126,950 147,000 178,450 181,800 253,800 289,000 377,000 1,260,000 1,851,000 R&D Expenditure $000 FY2007 24 Astra Zeneca Canada Inc. 23 Ontario Power Generation 16 Biovail 14 Ericsson 12 GlaxoSmithKline 10 Apotex 7 Research in Motion 6 Atomic Energy of Canada 5 IBM Canada 3 Magna International 1 Nortel Rank CDN Company * Includes sanofi aventis Canada and sanofi pasteur Source: Research InfoSource 2008

Why the Toronto Region? Global Status Top Talent Outstanding R&D Competitive Costs Attractive Lifestyle Advanced Economy

Global Status

Top Talent

Outstanding R&D

Competitive Costs

Attractive Lifestyle

Advanced Economy

Global Status

Hub of Leading Clusters Toronto Region Top Clusters #2 Automotive #3 Food Production #3 Biotechnology #4 Financial Services #5 ICT Sources: ISC - Harvard University, 2004; ICP, 2002; City of Toronto

Toronto Region Top Clusters

#2 Automotive

#3 Food Production

#3 Biotechnology

#4 Financial Services

#5 ICT

On the Rise and Connected to the World Source: OECD Broadband penetration, G7 countries through June 2008

Top Talent

Percentage of Population with Post-Secondary Education (25 to 64 years of age) Best Educated Population in the World Sources: Statistics Canada, 2006; OECD Education at a Glance, 2007

Over 100 languages and major dialects 60% of immigrants have at least one university degree Connected to business and science worldwide Most Ethnically Diverse Region Source: Statistics Canada, 2006; City of Toronto

Over 100 languages and major dialects

60% of immigrants have at least one university degree

Connected to business and science worldwide

Continually Renewed Pool of Skilled Workers Source: Statistics Canada, 2006; Common University Data Ontario, 2006 83,000 Graduates /Year 47,000 Immigrants /Year with University Degree 1.8 Million Workers with University Degrees or College Diplomas (25-64 Years)

Leading Region for Top Scientists Number of Highly Cited Scientists Per Million People Source: ISI, 2007

Outstanding R&D

World-Leading Research and Education Source: Common University Data Ontario, 2006; Ministry of Training, Colleges and Universities, 2006 9 Universities 12 Academic Hospitals 8 Institutes of Technology and Colleges Over 300 Research Institutes 300,000 Full-Time Students 83,000 Graduating Students per Year 10,000 Faculty Members

9 Universities

12 Academic Hospitals

8 Institutes of Technology and Colleges

Over 300 Research Institutes

300,000 Full-Time Students

83,000 Graduating Students per Year

10,000 Faculty Members

Advanced Research Collaborations Examples Include: Canadian Institute for Advanced Research Guelph Molecular Super Centre MaRS Discovery District Ontario Centres of Excellence Ontario Institute for Cancer Research Perimeter Institute for Theoretical Physics Sheridan Science and Technology Park

Examples Include:

Canadian Institute for Advanced Research

Guelph Molecular Super Centre

MaRS Discovery District

Ontario Centres of Excellence

Ontario Institute for Cancer Research

Perimeter Institute for Theoretical Physics

Sheridan Science and Technology Park

Globally recognized Located in the heart of Toronto International, trans-disciplinary research collaborations Over 300 of the world’s top scientists from 13 countries 8 Nobel Laureates 15 Sloan Fellows 12 Research Programs 1,000 post-graduates Canadian Institute for Advanced Research

Globally recognized

Located in the heart of Toronto

International, trans-disciplinary research collaborations

Over 300 of the world’s top scientists from 13 countries

8 Nobel Laureates

15 Sloan Fellows

12 Research Programs

1,000 post-graduates

MaRS Discovery District 750,000 sf innovation centre in downtown Toronto focused on creating and growing a new generation of technology companies (doubling in size by 2010) The MaRS Centre co-locates 65 organizations and 2,000 people from: Multinational companies Public research labs Technology start-ups Venture capital firms Professional services firms Technology transfer offices Regional associations and networks Over $350 million in funding from the private sector, the Governments of Ontario and Canada, and university and regional stakeholders

750,000 sf innovation centre in downtown Toronto focused on creating and growing a new generation of technology companies (doubling in size by 2010)

The MaRS Centre co-locates 65 organizations and 2,000 people from:

Multinational companies

Public research labs

Technology start-ups

Venture capital firms

Professional services firms

Technology transfer offices

Regional associations and networks

Over $350 million in funding from the private sector, the Governments of Ontario and Canada, and university and regional stakeholders

$142 million funding by the Government of Ontario Toronto based Modeled after the Broad Institute at Harvard and MIT Multi-disciplinary and multi-institutional collaboration Supports over 50 internationally recognized researchers across the province Led by Dr. Tom Hudson, world-leading genomics researcher Ontario Institute for Cancer Research

$142 million funding by the Government of Ontario

Toronto based

Modeled after the Broad Institute at Harvard and MIT

Multi-disciplinary and multi-institutional collaboration

Supports over 50 internationally recognized researchers across the province

Led by Dr. Tom Hudson, world-leading genomics researcher

World leading foundational theoretical physics research institute Located in the thriving city of Waterloo $175 million endowment 42 resident researchers 300-plus visiting scientists per year Shared knowledge agreements with 30 universities worldwide Perimeter Institute for Theoretical Physics

World leading foundational theoretical physics research institute

Located in the thriving city of Waterloo

$175 million endowment

42 resident researchers

300-plus visiting scientists per year

Shared knowledge agreements with 30 universities worldwide

Advanced Research Resources Examples Include: Automotive Centre of Excellence at University of Ontario Institute of Technology Canada Centre for Electron Microscopy at McMaster University Ontario Tumour Bank ORION/CANARIE high bandwidth networks Positron Emission Tomography Centre at the Centre for Addiction and Mental Health The University of Toronto Structural Genomics Consortium

Examples Include:

Automotive Centre of Excellence at University of Ontario Institute of Technology

Canada Centre for Electron Microscopy at McMaster University

Ontario Tumour Bank

ORION/CANARIE high bandwidth networks

Positron Emission Tomography Centre at the Centre for Addiction and Mental Health

The University of Toronto Structural Genomics Consortium

Canadian Centre for Electron Microscopy $ 18 million facility with most advanced suite of electron microscopes in the world Shared vision of almost 90 researchers across Canada Key component of national nanoscience strategy Opened in June 2007 at Brockhouse Institute for Materials Science at McMaster University

$ 18 million facility with most advanced suite of electron microscopes in the world

Shared vision of almost 90 researchers across Canada

Key component of national nanoscience strategy

Opened in June 2007 at Brockhouse Institute for Materials Science at McMaster University

ORION/CANARIE high bandwidth networks ORION Leading-edge network for Ontario’s research community Spans 5,800 km to 21 cities in Ontario Electronic resources for faculty and students Access to almost 10 million articles from over 7,600 research journals CANARIE Links ORION users to researchers across Canada and around the world World’s first national, user-controlled, optical Internet research and education network

ORION

Leading-edge network for Ontario’s research community

Spans 5,800 km to 21 cities in Ontario

Electronic resources for faculty and students

Access to almost 10 million articles from over 7,600 research journals

CANARIE

Links ORION users to researchers across Canada and around the world

World’s first national, user-controlled, optical Internet research and education network

Competitive Costs

Competitive Operating Costs for R&D Source: KPMG Competitive Alternatives 2008 * Index adjusted to March 2009 currency exchange rates

75% of health care costs covered by Government of Canada US system relies more on private funding Lowest Expenditure on Health Care as a Percentage of GDP in G7 (2006) Sources: OECD Health Data, 2007; Ontario Budget, 2006; “Why the Canadian Way May be Looking Better and Better”, Journal of Treasury & Risk Management (April, 2005)

75% of health care costs covered by Government of Canada

US system relies more on private funding

Sources: Federation of Tax Administrators, Deloitte Quick Tax Facts, and OECD, 2007 Lower Corporate Income Taxes (% of income)

Exceptional R&D Tax Credits* *Index Canada = 100 Source: Think Canada 2009

Favourable Cost of Living Source:Forbes.com 2008 113.8% Toronto 10 36% Shanghai 9 120% Los Angeles 8 88% Paris 7 56% Seoul 6 115% Chicago 5 96% Tokyo 4 100% New York 3 49% Hong Kong 2 92% London 1 Purchasing Power (New York =100) Location Rank

Grants and loans Ontario Advanced Manufacturing Investment Strategy (AMIS) Ontario Market Readiness Program Ontario Biopharmaceutical Investment Program (BIP) Ontario Next Generation of Jobs Fund Federal Industrial Research Assistance Program (IRAP) Federal Sustainable Development Technology Canada Federal Technology Partnerships Canada Other Support Regional Innovation Networks Ontario Centres of Excellence Industry Liaison Initiatives by Universities, Colleges, Institutes of Technology, and Hospitals Additional Support

Grants and loans

Ontario Advanced Manufacturing Investment Strategy (AMIS)

Ontario Market Readiness Program

Ontario Biopharmaceutical Investment Program (BIP)

Ontario Next Generation of Jobs Fund

Federal Industrial Research Assistance Program (IRAP)

Federal Sustainable Development Technology Canada

Federal Technology Partnerships Canada

Other Support

Regional Innovation Networks

Ontario Centres of Excellence

Industry Liaison Initiatives by Universities, Colleges, Institutes of Technology, and Hospitals

Advanced Economy

Large Multi-Sectored Economy Resilient to business cycles Exceptional support services Cross-sectoral scope and synergy Large talent pools in critical staff areas Magnet for knowledge and creativity

Resilient to business cycles

Exceptional support services

Cross-sectoral scope and synergy

Large talent pools in critical staff areas

Magnet for knowledge and creativity

Leading the Convergence of R&D Clusters Advanced Manufacturing ICT BIO Quantum computing Wireless Medical imaging Proteomics Drug development Stem cell research Biomaterials Medical devices Nanotechnology Environmental technologies Cryptography Robotics Electronics Health informatics Agri-Food Photonics Biomarkers Digital Media

Attractive Lifestyles

Appealing Lifestyle Options Safe environment Vibrant arts and culture Exceptional sports and recreation Great variety of urban, suburban and rural communities

Safe environment

Vibrant arts and culture

Exceptional sports and recreation

Great variety of urban, suburban and rural communities

Leadership and Commitment The Hon Dalton McGuinty, Premier TRRA Founding Co-Chairs: Mr. Gordon Nixon, CEO, RBC Financial Group Dr. John Evans, Chair, MaRS Discovery District (TRRA Launch October 2005) Courtney Pratt Chairman and CEO Toronto Region Research Alliance

The Hon Dalton McGuinty, Premier

TRRA Founding Co-Chairs:

Mr. Gordon Nixon, CEO, RBC Financial Group

Dr. John Evans, Chair, MaRS Discovery District

(TRRA Launch October 2005)

TRRA offers R&D Investors Key information and data Quick access to regional leadership (governments, business and institutions) Reliable navigation and introductions to the most relevant regional resources

Key information and data

Quick access to regional leadership (governments, business and institutions)

Reliable navigation and introductions to the most relevant regional resources

Let’s Get Started …. Global Status Top Talent Outstanding R&D Competitive Costs Advanced Economy Attractive Lifestyles

Global Status

Top Talent

Outstanding R&D

Competitive Costs

Advanced Economy

Attractive Lifestyles

Why Invest in Toronto Region?

For more information, contact us: Toronto Region Research Alliance MaRS Centre, Heritage Building 101 College Street, Suite HL30 Toronto, ON M5G 1L7 Email: info@trra.ca Tel: 1 416 673 6674 Fax: 1 416 673 6671

Toronto Region Research Alliance

MaRS Centre, Heritage Building

101 College Street, Suite HL30

Toronto, ON M5G 1L7

Email: info@trra.ca

Tel: 1 416 673 6674

Fax: 1 416 673 6671