SR&ED for Foreign-Owned Companies
There is no denying that Canada has one of the best programs as far as funding for companies that perform R&D goes. And while it is promoted frequently for Canadian Controlled Private Corporations, there are many other companies that can take advantage of this program. Take, for instance, an American-owned company that has a branch […]
10 Quick Tips For Success at Trade Shows
Plan ahead. Set goals and objectives for each trade show that you will be attending – know why exactly you are displaying at that trade show, and what you want to accomplish there. Is it the number of hot leads that you want, the number of business cards you want, the number of booths you […]
Enough Natural Gas to Power Canada for a Century
Good news for our Natural Gas industry: according to the Canadian Society for Unconventional Gas, Canada has enough Natural Gas to power Canada for a whole century. The Society completed a new survey that states that there is 4,000 trillion cubic feet of natural gases buried in Canada. Of the 4,000 trillion cubic feet, it […]
Software: Who Can Claim for SR&ED?
So you’ve gotten your system running with a new piece of software – whether it’s to help run part of your machinery, or whether it’s to help run one of your processes more efficiently – and you want to include it in your SR&ED claim. Question is, is it eligible? That all depends on the […]
Five Companies That Could Claim for SR&ED If they Weren’t Fictional and Were Located in Canada
A lot of companies think that what they do isn’t eligible for the SRED program, but we don’t always agree. A lot of companies are doing work that is eligible without even realizing that what they are doing is considered the innovative work that the SR&ED program was created to assist with. Sometimes it’s easiest […]
Provincial Budget Changes
In March both Quebec and Manitoba announced their 2010 provincial budgets – and both provincial governments have made changes to their provincial SR&ED programs. Manitoba’s budget, announced on March 23rd, made changes to how the provincial refund would be given to companies. Starting in 2011, all SR&ED performed in Manitoba will be eligible for a […]
Monthly Survey of Manufacturing sees sales increases
According to February’s Monthly Survey of Manufacturing, released on April 16th, done by Statistics Canada, manufacturing sales increased once again. Some quick stats: In eight of the previous nine months, sales have been increasing. Dollar manufacturing sales have increased every month for the past six months. In February, that increase was 0.3% Durable good (electronic […]
10 Quick Tips to Stay Ahead of Your Competition
Know your competition. Know what they’re doing, what their strengths and weaknesses are, who their target market is. Know what they want to do. The more you know about your competition, the better you can position yourselves in comparison to them. Attend industry seminars and trade shows. Go to the panels and workshops. See what’s […]
New Survey: Canada Second in Places to Locate a Business
In a new international study just released by KPMG, it was stated that Canada is rated number 2 among 10 countries as a place to locate a business. When compiling the results of this survey, KPMG took into account taxes, labour and utility costs. The Canadian governments (both federal and provincial) have recently implemented a […]
Self-Employment on a Rise During Recession
Statistics Canada just released the results of a survey on self-employment in the recent recession – apparently there was an increase of people who are self-employed by over 4.3% between October 2008 and October 2009. Surprisingly, this is not solely a result of people being laid off, as paid employment fell by 3.3%. As well, […]