According to the Financial Post, the life science sector attracts millions of dollars of funding each year from the federal and provincial governments: – The Scientific Research and Experimental Development (SR&ED) program provides a tax rebate on eligible R&D expenses.… 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.
CME Suggests Tax Reforms a Necessity for Manufacturing Growth
A pre-budget submission published last week by Canadian Manufacturers and Exporters (CME) makes recommendations to increase Canada’s tax competitiveness to spur global investment. Their recommendations can be summarized as follows: 1. PRODUCTIVITY – Make the Accelerated Capital Cost Allowance (ACCA),… 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 »
Tax Credits a Huge Draw for Game Studios to [Some Parts of] Canada
UK company Frontier Developments Ltd announced August 7 its plan to open a new game development studio in Halifax. The announcement rewards Nova Scotia’s “Your Studio Belongs Here” campaign, an initiative to entice game studios into relocating or expanding into… 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
Increase Productivity by Opening Export Markets
Jeremy Leonard opines in the Financial Post that although Canada leads the G7 in GDP and employment growth during the past decade, labour productivity growth is lagging. Labour productivity growth slowed to an average of just 0.7% per year int… Read more »
RONA Rejects $1.76 Billion Unsolicited Takeover Offer from US-Based Lowe’s
Rona Inc. received and rejected a $1.76-billion unsolicited takeover offer ($14.50/share) from US-based Lowe’s Companies, causing its share price to soar 20% to $14.19 in trading this Tuesday on the Toronto Stock Exchange. Rona disclosed this offer during a brief… Read more »
Canadian Manufacturing Outlook 2012: Optimism
A recent study indicates a sense of optimism within Canada’s manufacturing sector. The survey, “Canadian Manufacturing Outlook 2012: Push and Pull – Reducing Costs and Investing in Innovation,” is based on input from senior Canadian manufacturing executives and indicates a… Read more »
NorthBridge SR&ED Video
Check out NorthBridge’s latest informative video about the Scientific Research and Experimental Development (SR&ED) program!