Canadian Companies and Social Responsibility
Today, Macleans posted two articles that I found highly interesting. The first was Canada the good?, a look at why Canada is ranked very low on having socially responsible companies. The second article, Top 50 socially responsible corporations, takes a look at companies in Canada who are socially responsible, and what exactly it is that […]
Fact or Fiction: An SR&ED Review Might Trigger A Tax Audit
This is one thing that people ask us about all the time – whether the CRA reviewing your SRED claim will cause the CRA to call a tax audit on their company. I can understand why they would be worried about this. A tax audit can take up a lot of your time, is a […]
April’s Labour Force Survey
On Friday, StatsCan released the results of April’s Labour Force Survey, and after two months where we have seen very little change, employment rose by 58,000. While most of the employment was seen in part time, this has helped result in the unemployment rate dropping to 7.6%. Since April 2010, full-time employment has rose by […]
When does SR&ED start to happen?
A misconception often made with the SR&ED program is that a company can claim a full business project, instead of just the SR&ED activities that happen within the business project. The SR&ED program looks at activities where you have come across an obstacle, worked systematically to solve that obstacle, and somehow advanced your knowledge on […]
Toronto’s ICT Report
The City of Toronto recently released an ICT (Information and Communications Technology) Report, which takes a look at a number of items regarding investing in business in Toronto – including the state of Research and Development in Toronto. While the whole report is worth taking a look, the section on R&D is really what caught […]
Budget 2011
Yesterday saw one of the more important annual events in relating to the Canadian economy – the announcement of the budget for the upcoming year. While (at the time of writing this) it is still left to be seen whether the budget will be accepted, if done so, there are many items covered in it […]
10 Quick Tips to Reduce Expenses
Shop around for the best prices. The service provider that you have always used, or the product that you have always purchased, may not be the most cost effective one out there. There are times when you can find something of comparable quality at a better price. You should be shopping around for better prices […]
Infographics
I will fully admit that I love infographics (graphic visual representations of data). They are used to present what can be very complex information in a quick and concise manner, making it easier to communicate with people. Some examples of infographics are maps and signs, but they have also become prevalent online (mainly through communities […]
Quarterly Operating Profits
Today, Stats Can announced that operating profits in the fourth quarter had risen up 7.9% since the last quarter, to $65.5 billion among Canadian corporations. In the non-financial sector, profits increased a total of 7.3%, to $49.6 billion. Manufacturing itself saw profits increase 15.3%! Source
December’s Monthly Survey of Manufacturing
Yesterday, Stats Can posted the results of December’s Survey of Manufacturing. It turns out that in December manufacturing sales increased by 0.4% to $45.4 billion. A breakdown of industries is as follows: Primary metal: increased by 3.9% Petroleum and Coal products: increased by 1.5% Chemical products: increased 2.3% Food: increased 0.9% Aerospace product and parts: […]