Food R&D Strategy for 2026: Translating Consumer Demand Data
How health, value and ingredient transparency trends shape food R&D strategy, experimental development, technical risk, and SR&ED aligned investment decisions. Consumer demand in the food sector is increasingly shaped by three well-documented drivers: health and wellness, value-oriented purchasing, and heightened scrutiny of ingredients and processing. For companies planning food R&D programs for 2026 and beyond, […]
SR&ED Documentation Do’s and Don’ts
As the calendar year comes to a close, it also marks fiscal year-end for many Canadian companies. This is the point when teams begin preparing their upcoming SR&ED claims, pulling together technical narratives and financial support for work completed over the year. Having strong documentation habits in place before this process begins can significantly reduce […]
What 2025 Scale AI Funding Data Reveals About AI Funding in Canada
What 2025 Scale AI Funding Data Really Tells Us Scale AI recently announced a record-breaking funding round of nearly $129M, outlining the projects supported in 2025 and reinforcing just how competitive Canada’s AI funding landscape has become. As artificial intelligence continues to move from experimentation to core business infrastructure, more organizations across healthcare, retail, manufacturing, […]
Navigating Tariff Pressures: How Canadian Startups and Established Firms are Adapting
U.S. tariffs on Canadian goods are not new, but their effects are evolving. What is new is how both startups and established manufacturers are experiencing these impacts in today’s economic environment, and how Budget 2025: Shifting from Reliance to Resilience is shaping the support mechanisms to help them respond. Recent reporting suggests Canada’s economy is […]
Strategic Response Fund and the Strategic Innovation Fund
Starting in 2025, Canada is launching a $5 billion Strategic Response Fund (SRF), designed not just to promote innovation but to help industries hit hard by trade disruptions. The SRF is aimed at businesses operating in strategic, trade-exposed sectors such as steel, aluminum, automotive supply chains. Companies may qualify if their projects help sustain or […]
Budget 2025: SR&ED Gets a Major Upgrade & Key Business Tax Changes
A Clear Signal for Innovation and Investment Budget 2025, titled “Canada Strong,” wasn’t just about fiscal anchors and public spending; it delivered a clear, tangible message to Canadian businesses: Invest in Canada, and we will maximize your savings. The federal government has launched a concerted, strategic effort to boost domestic productivity and global competitiveness using […]
Federal Budget 2025: What Businesses Should Watch For
On November 4, Prime Minister Mark Carney will table his inaugural federal budget, setting the stage for a transformative era in Canada’s economic and fiscal landscape. With a projected deficit between $70 billion and $100 billion for 2025/26, as estimated by economists, the government is expected to pursue a dual strategy of strategic investment and […]
Canada’s Innovation Clusters
The Global Innovation Clusters (GIC) initiative is a federal program created by Innovation, Science and Economic Development Canada (ISED). It was established to build globally competitive innovation ecosystems in Canada by funding and coordinating large-scale collaboration between businesses, researchers, and government. Through this initiative, Canada supports five industry-led clusters that focus on digital technologies, protein […]
Major SR&ED Policy Changes Pending
What Canadian Businesses Need to Know The federal government has released draft legislation that could mark the most significant update to the Scientific Research & Experimental Development (SR&ED) program in over a decade. The proposed changes were first introduced in the 2024 Fall Economic Statement and, on August 15, 2025, the government announced draft legislation […]
Québec’s New Tax Credit for Research, Innovation, and Commercialization (CRIC): What You Need to Know
Starting in 2025, Québec is introducing a powerful new incentive for businesses focused on innovation: the Tax Credit for Research, Innovation, and Commercialization (CRIC). Designed to fuel scientific research and support the journey from ideas to market, CRIC is a refundable tax credit that rewards corporations investing in R&D and pre-commercialization activities within Québec. Here’s […]