The Bank of Canada (BoC) is expected to announce no change to the current ultra-low interest rates. The BoC may be under pressure to increase interest rates due the the sky-rocketing Canadian housing market, and the increasing debt load of… Read more »
NorthBridge Pleased to Accept Nomination for Ninjamatics’ 2012 Canadian Weblog Awards
NorthBridge Consultants is pleased to accept the nomination for Ninjamatics’ 2012 Canadian Weblog Awards in the “Business & Career and Science, Technology & the Internet” category. The Ninjamatics’ 2012 Canadian Weblog Awards are a juried competition — no voting! — with nominations that are open in… Read more »
NorthBridge Launches New Website
NorthBridge is pleased to announce the launch of our new website, to reflect our expertise beyond SR&ED in helping companies navigate the government funding system. Our goal is to be your in-house government funding resource across four main business objectives:… Read more »
Soft Patch in Canadian Economy
Canadian job creation stalled in October, while the national unemployment rate held at 7.4%. Closer analysis of the data reveals that the western provinces have had lower-than-average rates of unemployment, compared to higher-than-average rates of unemployment in Ontario and the… Read more »
CME Smart Prosperity Now Still Accepting Applications for Equipment Purchases and the Attendance of Trade Shows
If your manufacturing company is situated in Southern Ontario and is planning on purchasing or upgrading equipment, or planning on attending an upcoming trade show, then you could be receiving a grant for 1/3 of your costs (up to $75,000)… Read more »
Manufacturers Will Divest of R&D if Capital Expenditures Exempted from SR&ED
A recent study released by Canadian Manufacturers and Exporters (CME) found that 69% of manufacturers would reduce research and activity activities, and 18% would shift their R&D to other jurisdictions if the federal government exempts capital expenditures from the SR&ED… Read more »
Minister Flaherty Tables Corporate Income Tax Changes
The Minister of Finance, Jim Flaherty, has tabled a detailed Notice of Ways and Means Motion to implement income tax reforms. The majority of the measures were related to corporate tax, and include an overhaul of the Scientific Research and… Read more »
Canadian Businesses Encouraged to Invest in Economy
Canada’s corporate tax rate, reduced from 19% to 15% in 2012, currently creates a tax burden that is the second-lowest among developed countries, according to a recent KPMG survey. The central bank has held the main interest rate at only… Read more »
Innovation Key to Canada’s Competitiveness Says GE Canada’s CEO
General Electric Canada’s President and CEO, Elyse Allan, spoke recently at the Economic Club of Canada about how process improvements and technology can help businesses mitigate the risk of doing business abroad. Allan stressed the need to expand in a… Read more »