NorthBridge Consultants’ Spring 2014 Newsletter is out! Topics covered include: Creating an SR&ED Mindset Funding for Agricultural Producers & Processors Funding for Trade Shows to Encourage International Expansion Employee Spotlight NorthBridge: More than SR&ED
CRA Service Standards for SR&ED Claims
The Scientific Research and Experimental Development (SR&ED) tax credit was developed to encourage companies to undertake research and development in Canada. But once you have submitted a claim for the tax credit, how long does it take to see the… Read more »
Shedding Light on the SR&ED Program
The Scientific Research and Experimental Development (SR&ED) program is one of the most lucrative incentive programs for companies working on technological development and product/process improvements. SR&ED can generate tax credits up to 68% on eligible labour costs. An analysis by… Read more »
Tips on How to Instil a SR&ED Mindset in Your Company
The best way to obtain full value from the SR&ED program is to ensure that your company has a SR&ED mindset. Here are some tips from Pierre Pinet on how to instil a SR&ED mindset in your company: Review the… 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 »
SR&ED versus IRAP
Scientific Research and Experimental Development (SR&ED) and the Industrial Research Assistance Program (IRAP) are two of the largest government incentive programs in Canada. The chart below details some of the major differences between the 2 programs. Criteria Scientific Research and… Read more »
Legislative Proposals Contain Changes to SR&ED Proposed in 2012 Budget
The Canadian Department of Finance has drafted legislative proposals, released August 14, that include the following changes to the SR&ED program: 1. Removal of capital from the expenditure base (for capital expenditures incurred in 2014). Effective January 1, 2014, capital… Read more »
Survey Shows: Federal Budget has Businesses on Edge
In June 2012, Deloitte conducted an online survey on the effects of the federal budget and how it impacts innovation investment in Canada. It was revealed that 80 percent of those surveyed believe that the budget will have a negative… Read more »
NorthBridge Summer 2012 Newsletter
NorthBridge’s 2012 summer newsletter is out! In this issue: –Get In the Game: Canada’s Digital Media Industry –New Fiscal Year’s Resolutions –NorthBridge Holds EMC Manufacturing Seminars –Federal Budget SR&ED Changes: Dollars and Cents –NorthBridge SR&ED Video