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 »
NorthBridge Consultants’ Canadian Business Blog is dedicated to bringing businesses news and information to help companies identify and access the most appropriate government funding programs.
We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.
Rise in Canadian Manufacturing Sales for May 2013
StatsCan released their monthly survey results for May which examined sales within the Canadian manufacturing industry. Overall, manufacturing sales increased by 0.7% to $48.6 billion in May 2013. The below chart illustrates the monthly change in Canadian manufacturing sales since… Read more »
CICP Relaunched as Build in Canada Innovation Program (BCIP) to Bridge Technology Gap Through Government Acquisitions
The Honourable Rona Ambrose announced that the Canadian Innovation Commercialization Program (CICP) has received permanent commitment under the new name Build in Canada Innovation Program (BCIP), which aims to bridge the technology gap between the R&D stage of projects and… Read more »
ICTC Career Focus Hiring Grant
The Information and Communications Technology Council (ICTC) has launched a hiring program by the name of CareerConnect. This program assists businesses to obtain funding for hiring post-secondary graduates who are between the ages of 15-30. Eligible companies can receive 50% of… Read more »
Cornwall Business Expands with Assistance From the Southern Ontario Fund for Investment in Innovation (SOFII)
Chalk up another victory for Canadian government funding as MPIQC expands its facilities with assistance from the Southern Ontario Fund for Investment in Innovation (SOFII) program. MPIQC is an electronics manufacturer that provides products and services for a vast assortment… Read more »
Ontario Government Scraps Repeal of the Industrial Exception in Professional Engineers Act
We recently blogged about a press release by the Professional Engineers Ontario (PEO) indicating a repeal to the Professional Engineers Act to remove section 12(3)(a) – “Industrial Exception.” The removal of the “Industrial Exception” would mean that engineering work on… Read more »
Ontario Chamber of Commerce Provides Export Funding Through OEF and EMA
With expansion occurring in many countries within the global economy, now is the time for manufacturers to take advantage of lucrative markets outside of Canada. The first step to prepare your business to export is to draft a comprehensive export… Read more »
Yves Landry Assists Swift Canoe with Skills Training
The Yves Landry Foundation, funded through the Government of Canada, was established to advance technological education and skills training. Manufacturers who have been continuously in business for at least three years in Northern Ontario may be eligible for Yves’ AIME… Read more »
951 Small FIT Contracts Offered by Ontario Power Authority
Ontario's clean energy economy continues to grow as the Ontario Power Authority (OPA) offers 951 new Small Feed-in Tariff (FIT) renewable energy contracts. In total, these new contracts will add 146.5 megawatts of power, which is more than enough power… Read more »