There are many different government funding programs available to Canadian companies. The Scientific Research and Experimental Development (SR&ED) program is $3 billion tax credit initiative that supports the R&D expenditures of Canadian companies. This program is very popular and well… Read more »
Linking Government Grants to SR&ED: Business Expansion
The Canadian government spends approximately 24% of GDP on direct and indirect funding programs for businesses. Of that 24%, about 21% is available for indirect funding and 3% is available for direct funding. The indirect funding category is comprised of… Read more »
Start-Up Companies and Government Funding
Start-up companies are a popular topic of conversation these days, especially in Southwestern Ontario. There are many resources for these new companies including government funding and tax credit programs. It is critical that these companies are made aware of programs… Read more »
Linking Government Grants to SR&ED: Capital Equipment
The Canadian government spends approximately 24% of GDP on direct and indirect funding programs for businesses. Of that 24%, about 21% is available for indirect funding and 3% is available for direct funding. The indirect funding category is comprised of… Read more »
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 »
SR&ED and IRAP Funding Available to Assist Canadian Technology Startups
A recent PwC report found that Canadian start-up companies are looking more into building their business than into Mergers & Acquisition exits. Government funding provides significant assistance for Canadian technology start-ups, with 50% of start-ups surveyed applying for at least… Read more »
NorthBridge & EMC Canada team up for successful SR&ED review sessions
Earlier in June, NorthBridge paired up with Excellence in Manufacturing Consortium (EMC) Canada to host a series manufacturing seminar in Atlantic Canada. The information sessions focused on how to best prepare for a SR&ED review and create a “culture of… Read more »
OECD Economic Survey: Research and Development Outlook in Canada
The Organisation for Economic Co-operation and Development (OECD) released the June 2012 results of the OECD Economic Surveys for Canada’s macro-economic state of affairs. The report indicates that the economy is picking up, with a positive outlook for continued moderate… Read more »
R&D incentive programs across the globe
In light of proposed changes to the SR&ED program announced in March’s federal budget, Canada retains a position as offering one of the most attractive R&D incentive programs globally. Let’s look at a few R&D tax credit programs across the… Read more »