It's actually even better than that because there's also a national program that pays up to 35% of R&D salaries: http://www.cameronhuff.com/blog/ontario-tax-credits-for-soft.... There are hundreds of smaller special programs that can pay even more (and they often stack).
Hmmm... now if there were a place to start a business...
http://www.investquebec.com/quebec/en/financial-products/smb...
Basically the Quebec government pays 24% of your company's wages, up to $83,333 per employee!