Things may seem bleak at the present; however, the Canadian economy will eventually recover. Dungan and Steve Murphy at the Policy and Economic Analysis Program expect that the Canadian governnment will run deficits for a few years and they urge Ottawa not to repeat… 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.
Seven Keys To Management Success
To be an effective manager, certain “ingredients” must be present to enhance your Emotional Intelligence and to create key skills that will eventually lead to improvements in both employee and customer development. This will ultimately lead to your organizational success. First,… Read more »
Ontario Manufacturers and Exporters Can Receive Up to $50K in Smart Funding
Thanks to funding provided by the Government of Ontario, Canadian Manufacturers & Exporters (CME) has created the CME SMART Program to help small and medium-sized manufacturers in Ontario improve their productivity so they can compete more effectively in the global… Read more »
Revised T661 Form Simplies SR&ED Claims For Small Businesses
It will now be easier for small businesses to file for SR&ED! In 2007, the Canada Revenue Agency (CRA) consulted with Scientific Research and Experimental Development (SR&ED) claimants, members of the Action Task Force on Small Business Issues, and internal… Read more »
Proposed Changes to the SR&ED Program Will Make It Easier for Companies to File
During tough economic times, companies need to take advantage of internal sources of financing in order to survive. One source of financing, which few companies are aware of, are the tax credits you can receive from the federal government for… Read more »
Salary or Wages Performed Outside Canada Now Qualify for SR&ED
The Scientific Research and Experimental Development (SR&ED) tax incentive program awards up to a 35% tax credit on eligible research and development expenses. In the past, only labour performed within the geographical boundaries of Canada qualified for the SR&ED program. … Read more »
Inflation or Deflation- What Will be the Ultimate Outcome?
Economists really do not have a consensus as to what will happen in the next little while. At the moment, they cannot agree whether inflation or deflation is the bigger threat. Deflationists believe that the cooling economy will lead to… Read more »
Housing Prices Tumble in Metropolitan Canada
It was bound to happen. Housing prices are beginning to fall in metropolitan Canada. In the Greater Toronto Area, housing prices have tumbled the first time in over a decade, down by 3% from last year’s levels. Average existing home… Read more »
Increasing Government Spending Will Stimulate the Economy
Keynesian Economics, or “The New Economics,” holds that governments should vary taxes and spending to offset both rising inflation and staggering output. Free-marketers argue that the cost of periodic crashes is worth it, in order to preserve the freedom of… Read more »