Revisions to Quebec SR&ED Tax Credit Program
During his December 2nd economic update, Quebec Finance Minister Carlos Leitao announced two major revisions to the Quebec SR&ED tax credit program: (1) Introduction of a minimum eligibility threshold, and (2) Standardization of enhanced tax credit rates. Introduction of Minimum Eligibility Threshold Leitao introduced amendments to the legislation to exclude, from tax assistance in the […]
Manufacturing-Based Funding Initiatives in Southern Ontario
On November 24, 2014, Industry Minister James Moore announced $9 million in funding to help southern Ontario manufacturers develop their businesses through innovation, job growth, and competition on a global scale. One way to help export-oriented manufacturers stay competitive globally through boosted export sales is to provide employees with in-demand skills training in innovative technology; […]